Articles by Zen Soo

Zen Soo is AP Technology Writer.

Chinese Hackers Step Up Attacks on Taiwanese Organizations, Cybersecurity Firm Says

A suspected Chinese state-sponsored hacking group has stepped up its targeting of Taiwanese organizations, particularly those in sectors such as government, education, technology and diplomacy, according to cybersecurity intelligence company Recorded Future. In recent years, relations between China and Taiwan, …

Chinese Regulators Approve Capital Raise of $1.5B for Ant Group

HONG KONG (AP) – Chinese regulators have said e-commerce giant Alibaba’s finance affiliate Ant Group can raise $1.5 billion for its consumer finance unit in an important step forward after the government called off a planned IPO two years ago …

U.S. Firms Operating in Hong Kong Face Risks, Warns American Chamber of Commerce

HONG KONG – U.S. businesses operating in Hong Kong should reassess their operations and decide if the risks of operating there are worth the reward, the president of the American Chamber of Commerce in Hong Kong said in an interview …

Ant Group Is About to Shatter IPO Records. Here’s Why.

HONG KONG – Stella Su, who lives and works in Shanghai, has used an ATM only once in the past year. Instead of cash, in recent years she has done almost all her business using the digital wallet Alipay — …

China Counters U.S. ‘Clean Network’ With Own Global Data Security Initiative

China has launched an initiative to address global data security issues, a countermove to the U.S. “clean network” program that is aimed at discouraging other countries from using Chinese technology. Foreign Minister Wang Yi announced the initiative in Beijing on …