White House Defends Micron Technology Against Chinese IP Theft (Jeff Sessions) - November 1st, 2018

White House Defends Micron Technology Against Chinese IP Theft (Jeff Sessions) – November 1st, 2018 | Wonderdir Business

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Business is the activity of making one’s living or making money by producing or buying and selling products (such as goods and services). Simply put, it is “any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors.”

Micron Technology information begins @ 3:17

WASHINGTON — The Justice Department revealed Thursday that a federal grand jury has charged companies in China and Taiwan with a scheme to steal trade secrets from Micron, the Idaho-based firm that controls up to a quarter of the random access memory industry.

Jeff Sessions
Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner’s personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.

The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company. A company, on the other hand, is a separate legal entity and provides for limited liability, as well as corporate tax rates. A company structure is more complicated and expensive to set up, but offers more protection and benefits for the owner.+

6 thoughts on “White House Defends Micron Technology Against Chinese IP Theft (Jeff Sessions) – November 1st, 2018 | Wonderdir Business

  1. America Brain power hahahahaha Americans are the biggest brain thieves in the world: https://www.youtube.com/watch?v=NK0Y9j_CGgM

    China is the 2nd patent holder in the world after the US. The US has been stealing Chinese patents forever and China solution to that theft has been: blocking the product created by those stolen patent from being sold on their market. America solution to that same problem is flamboyant display of patriotism and whining on the world stage in conference like theses because Muh Patriotism. America can't do like China because the standard of living are higher and people expect more. They can't sacrifice and out starve their economic rivals without their own people turning on them. What happens when the prices of hardware, clothing and the luxurious commodities they enjoyed at low prices suddenly either disappear or get a x10 hike in price. They would eat each others to stay in the sun. The average american just wants Muh PS4, Muh Yeezy's, Muh iphone 10 XL + Ultra Limited Collector Edition Premium with Pre Order Bonus.

    Human progress belongs to everyone you pieces of filth. I know that imperialists like it when only they are ahead and get butthurt whenever other states advance because they can't plunder, destabilize and keep them down anymore but ffs stay in your fucking lane for once in the history of this cancerous country.

  2. Yet another "threat" manufactured from nothing by the imperialistic elite.
    Wind turbine technology, agricultural research and cancer drug research.
    I'm I the only one finding this problematic?
    God forbid people want to produce clean energy, end world hunger and cure cancer. Theses technologies should be public knowledge by law you inhuman obese food shoveling fucks.

  3. Interesting. I can’t see how these measures and prosecution by USA JD can guarantee the American supremacy in IT. The fact is China has a big population of engineers and scientists which is four to five times in size of her American counterpart. More China has big domestic market too.

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