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from the putting-all-your-neweggs-in-one-basket dept.
Submitted via IRC for TheMightyBuzzard
The Wall Street Journal's earlier report about an expected record-setting 2016 in regards to chinese investment in the United States was right. Newegg Inc., one of the most popular online tech-related retailers, is now reportedly owned by chinese company Hangzhao Liaison Interactive Information Tech...
The Wall Street Journal's earlier report about an expected record-setting 2016 in regards to chinese investment in the United States was right. Newegg Inc., one of the most popular online tech-related retailers, is now reportedly owned by chinese company Hangzhao Liaison Interactive Information Technology Co., Ltd. (Liaison Interactive).
After September's reports of a significant investment from the Chinese company on Newegg, which would allow the California-based company to "accelerate the pursuit of the company's strategic initiatives" and into high-growth markets such as eSports, VR (Virtual Reality) and AR (Augmented Reality), it now appears that the investment was much more than a simple capital infusion: it was a bid towards controlling an effective majority in the American company's shares.
Source: https://www.techpowerup.com/226777/newegg-now-owned-by-chinese-company
(Score: 2) by Magic Oddball on Monday October 17 2016, @08:07AM
Every time I buy from them lately I somehow get put of one the many newegg spam email lists, and it's all but impossible to get off those when it happens.
If you haven't heard of it, the free/donation-supported SpamGourmet [spamgourmet.com] is an awesome way to avoid that problem. If you use the company name as part of the redirect (e.g. newegg.magicoddball@spamgourmet or amazon.magicoddball@spamgourmet) and spam starts showing up through it, it makes it pretty clear which assholes sold your info.
(NOTE: my SG username isn't magicoddball.)