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ZTE falls to annual loss over U.S. sanctions case, sees better Q1
![ZTE falls to annual loss over U.S. sanctions case, sees better Q1]( "ZTE falls to annual loss over U.S. sanctions case, sees better Q1")
HONG KONG (Reuters) - Chinese telecoms equipment group ZTE Corp said on Wednesday it expected to post a loss in 2016, hit by fines it is paying to settle a U.S. sanctions case. It estimated a preliminary full-year loss of 2.36 billion yuan ($342 million) for 2016 compared with a profit of 3.21 billion yuan in the previous year. But it also said it expects first-quarter profit could rise more than 20 percent as revenue from carriers' networks and consumer business has increased. Preliminary net profit for the January-March quarter is to set to come in between 1.15 billion yuan and 1. ...
WikiLeaks exposes alleged CIA hacking program
The CIA can turn your TV into a listening device, bypass popular encryption apps, and possibly control your car, according to a trove of alleged documents from the US spy agency released Tuesday by WikiLeaks. The group posted nearly 9,000 documents it said were leaked from the Central Intelligence Agency, in what it described as the largest-ever publication of secret intelligence materials. WikiLeaks claimed that a vast trove of CIA documents, hacking tools and code representing "the majority of its hacking arsenal" were leaked within the cyber security community -- and that it had received, and released, a part of them.
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