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Chinese National Pleads Guilty to Economic Espionage Conspiracy

Chinese National Pleads Guilty to Economic Espionage Conspiracy

Xiang Haitao, 44, a Chinese national formerly residing in Chesterfield, Missouri, pleaded guilty today to conspiracy to commit economic espionage. According to court documents, Xiang conspired to steal a trade secret from Monsanto, an international company based in St. Louis, for the purpose of benefiting a foreign government, namely the People’s Republic of China. “Despite...

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Tracxn Deals of the Week: AI, RPA, Cybersecurity, and Big Data (November 19-25)

Tracxn Deals of the Week: AI, RPA, Cybersecurity, and Big Data (November 19-25)

According to Tracxn, these are the notable deals in the past week for the Artificial Intelligence, Data Analytics and Cybersecurity Sectors. Artificial Intelligence Verbit, Provider of cloud and AI-based natural language processing platform to develop speech recognition applications, raised a Series E – $250M round from, Third Point Ventures, Sapphire Ventures, Samsung NEXT, 40 North Management and others. Rescale, Provider of cloud...

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