Buyout firms typically extract profits from the companies they acquire by taking them public or selling them. In a world with zero interest rates, they’re finding it easier than ever to cash in through the debt market.
China will almost certainly retaliate against the U.S. for accusations that it infiltrated computer networks to steal corporate secrets, though its slowing economy will restrain any actions, according to trade analysts.
A former Anonymous hacker who faced 26 years in prison for staging global cyber-attacks, was set free by a judge who credited him with helping prevent at least 300 such intrusions, including one on the U.S. Senate website.
Some of the biggest companies in the U.S. remain vulnerable to one of the oldest hacking tricks in the book, according to yesterday’s indictment of five Chinese military officials accused of stealing trade secrets.