Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Businessweek Archives

Financial Claims Against Chinese Reporters Cut

? Reporters In Trouble for iPod Factory Reporting |


| Another Google-Apple, Or Rather, Google-Pixar Connection ?

August 31, 2006

Financial Claims Against Chinese Reporters Cut

Arik Hesseldahl

There's been some movement reported in the case of the two Chinese reporters sued by the company that builds iPods under contract for Apple.

IDG News Service is reporting that financial assets of Wang You and editor Weng Bao of China Business News have been unfrozen, and that the financial claim against them has been lowered to 1 renminbi, or about 13 cents US. The report quotes a statement by Hon Hai Prescision Industry, aka Foxconn, which owns the company that brought the complaint, Hongfujin Precision Industry, saying that the original figure took attention away from what it considers the real issue at hand in the case, which it says is damage to its reputation.

After news of the case caught media attention, and that of the advocacy group Reporters Without Borders, Apple told the AP it was "working behind the scenes" to get the issue resolved.

So now, at least the journalists can make a stand in court and tell their side of the story to a hopefully impartial court. However the company added another defendant in the case: The newspaper they work for.

10:54 AM

iPod and iTunes

TrackBack URL for this entry:

blog comments powered by Disqus