Beijing Deniu Technology CEO Zhang Chaojie was convicted of ‘sabotaging computer systems’ for apps that spoofed location and WiFi data. The executive argued that allowing some workers to check in late ‘isn’t very serious’, and said the apps do more than just fake GPS coordinates.
SHANGHAI/BEIJING China Evergrande Group missed paying bond interest due on Wednesday, two bondholders said, its second unpaid offshore debt payment in a week, although the cash-strapped company is scrambling to meet its obligations in its home market.
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