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With China poised to overtake Japan to become the world's No. 2 economy in 2010, North American...
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Tuesday, January 5, 2010, 5:56 PM ETWith China poised to overtake Japan to become the world's No. 2 economy in 2010, North American companies that understand what Chinese consumers want stand to earn hefty profits. Shaun Rein fingers four he says have the right idea: AAPL, WMT, ADY, DD.
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Now, outsource American jobs to China.
China pirated the code to a U.S. software maker's Internet content filtering software, incorporating it into the censorware it uses to block Chinese citizens' access to sites the government deemed politically undesirable, a lawsuit filed Tuesday said.
Santa Barbara, Calif.-based Cybersitter LLC made the allegations in a lawsuit brought against China and seven major computer makers, including Sony, Lenovo and Toshiba. The company is seeking $2.2 billion in damages.
"This lawsuit aims to strike a blow against the all-too-common practices of foreign software manufacturers and distributors who believe that they can violate the intellectual property rights of small American companies with impunity without being brought to justice in U.S. courts," Cybersitter attorney Greg Fayer said.