Did a Chinese Hack Kill Canada’s Greatest Tech Company?(bloomberg.com)

11 pointsby ucha6 anni fa1 comments

Did a Chinese Hack Kill Canada’s Greatest Tech Company?

https://www.bloomberg.com/news/features/2020-07-01/did-china-steal-canada-s-edge-in-5g-from-nortel

1 comments

This was a story covered by Canadian press some years back. Here is one article from CBC from 2012:

https://www.cbc.ca/news/business/nortel-collapse-linked-to-c...

I lived in Ottawa during the heyday of Nortel, Corel, JDS, Newbridge and many other tech firms during 90s and 2000s and had many friends and family members employed by Nortel. The slow collapse of Nortel, a behemoth of the Canadian marketplace and a huge employer, and the ensuing job losses and loss of pension funds were heartbreaking.

China was able to grow in leaps and bounds its telecom industry in an accelerated matter that v likely couldn't have occurred without espionage.