On Sunday, 100 news outlets published the first tranche of articles based on the largest leak in history, 2.6TB worth of records from Mossack Fonseca, the third-largest lawfirm specializing in confidential offshore shell-companies. Read the rest
An anonymous source has handed 2.6TB worth of records from Mossack Fonseca, one of the world's largest offshore law firms, to a consortium of news outlets, including The Guardian. Read the rest
Last spring, in the chaos following the firing of Mattel's CEO (who presided over a disastrous slide in Barbie sales), a Mattel finance executive got an email from his new boss, replacement CEO Christopher Sinclair, ordering the transfer of $3 million to a new Chinese supplier. Read the rest
Rephone makes modular open source hardware cellphone components -- GSM cores, touchscreens, speakers, GPS, miscellaneous sensors, and antennas -- that you can mix and match to build cellular capability into everyday gadgets; one project builds a complete cellular phone into a watch-strap for a Pebble smartwatch. Read the rest
Cheap Internet of Things devices like Foscam's home CCTVs are designed to covertly tunnel out of your home network, bypassing your firewall, so they can join a huge P2P network of 7 million other devices that is maintained and surveilled by their Chinese manufacturer. Read the rest
Chinese law makes independent mapmaking a crime (you may not document "the shapes, sizes, space positions, attributes, etc. of man-made surface installations") and requires tech companies to randomly vary the locations of all landmarks by 100-500m. Read the rest
Chinese Internet giant Baidu -- a combination between Google, Facebook and Twitter, with key investments in many companies, including Uber -- makes its own Windows/Android browser, long believed to be a de facto surveillance tool. Read the rest
China's millionaires, having looted their country, are anxious to get their money out of reach of the Politburo, to guard against confiscation should the political tides turn. Only one problem: the government will only let Chinese nationals move $50K/year out of the country. Read the rest
As China's banks struggle under the weight of never-to-be-repaid subprime loans (which were turned into bonds using the same trick that produced the US/EU subprime crisis), the Chinese government is throwing money at them to loan out to ever-dodgier borrowers, just to change the ratio of delinquent debts to ones that have yet to turn delinquent. Read the rest
At least 100,000 people became stranded at the Guangzhou Railway Station southern China. They were trying to get a jump on Chinese New Year, which starts next week. The image above is a small portion of a photo that will send a chill down the spine of agoraphobics.
From The Guardian:
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Aerial photographs published by one website showed a crush of bodies snaking towards the train station through metal barricades. About 176,000 passengers had been due to pass through the station on Monday alone.
“There are too many people and it is too crowded,” one stranded passenger, who was not named, told state broadcaster CCTV.
The photos went as part of the deal that sold Corbis Entertainment's licensing arm to Visual China Group. Read the rest
It's not just dissident Hong Kong booksellers who're being snatched -- China's snatch-squads have kidnapped expatriate dissidents (including those with foreign passports) from Sweden, Burma and Thailand. Read the rest
Gentleman juggler Mat Ricardo writes, "Last week I got booked to travel to China and appear on their big world records TV show to pull the biggest tablecloth ever. Here's how none of that happened and I ended up literally fleeing to the airport." Read the rest