To the Point
Google in China and Cyber-espionage
Google's claim of cyber attacks in China has turned into an international incident with Hillary Clinton calling today for "consequences" and "condemnation." Is China's government trying to steal Google's secrets? Is it threatened by the growth of organized activism on the Internet? Also, the Supreme Court weighs in on free speech and campaign limits. On Reporter's Notebook, President Obama proposes cutting Wall Street down to size.
By Warren Olney • • 50m ListenGoogle's claim of cyber attacks in China has turned into an international incident with Hillary Clinton calling today for "consequences" and "condemnation." Is China's government trying to steal Google's secrets? Is it threatened by the growth of organized activism on the Internet? Also, the Supreme Court weighs in on free speech and federal campaign limits. On Reporter's Notebook, President Obama goes populist, saying he's ready to fight to curb what he called "irresponsible" practices by the biggest banks on Wall Street.
Banner image: Google chief executive Eric Schmidt (C), Vice President, Engineering and President of Google China Kai-Fu Lee (L) and Google's president of sales and business development for Greater China Johnny Chou spell Chinese characters 'Gu Ge' at the inauguration of the company new Chinese brand name April 12, 2006 in Beijing, China. Photo: Guang Niu/Getty Images
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3 storiesCourt Overturns Ban on Corporate Spending on Political Campaigns
By a vote of 5 to 4 today, the US Supreme Court overturned two precedents that limited the role of corporations and unions in political campaigns. The majority said its decision protected free speech. Dissenters said it encouraged corruption. Jess Bravin reports for the Wall Street Journal .
Read the story8 minGoogle in China and Cyber-espionage
When it started business in China four years ago, Google agreed to censor Internet searches on Tiananmen Square, Tibet, and Falun Gong. Now Google says those days are over -- even if it means being kicked out of that country -- because of what it calls a "highly sophisticated" attack on its software coding and the email accounts of human…
Read the story37 minObama Proposes New Regulations on Big Banks
Goldman Sachs cut back on executive bonuses this year but still earned a profit of $13.4 billion. That announcement came on the same day that President Obama proposed new rules designed to restrict the size and the activities of Goldman Sachs and the rest of Wall Street’s biggest banks.
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