Why Am I Reading This NOW?

5+ Hieronymus Bosch, “The Conjurer” (between 1496 – 1520) On October 4, 2
You have reached the maximum number of free, long-form articles for the month.

Please join here to read the rest of this content.

Paid Members can log in here.
Notify of
Inline Feedbacks
View all comments
Christopher Beirn
Christopher Beirn
2 years ago

The reason you’re reading it now is because a number of players (some of whom probably work in a five-sided building) are very unhappy about the response to this debacle. Bloomberg Business Week appears to have tapped into a network of disgruntled insiders who have lost patience with their employers’ willingness/ability to mitigate the kind of threat that a hardware hack of this magnitude poses. As they see it, what is politically expedient today — denial — will turn out to be strategically disastrous tomorrow.

Christopher Beirn
Christopher Beirn
2 years ago

An interesting extrapolation of this story can be found in today’s Guardian:

“Last week’s revelation, in a Bloomberg news report, that China might have embedded microchips in the hardware used by America’s leading tech firms, should be no surprise. Beijing, with its new cybersecurity law and its overall push towards global supremacy in artificial intelligence, might seem like a rogue actor on the international scene. However, it’s hardly alone in promoting its technological agenda.

Russia has announced plans to require civil servants to use locally produced mobile phones running on locally produced software. To make that mission easier, Rostelecom, its state-controlled telecoms giant, bought the two companies behind Sailfish OS, a mobile operating system developed by Nokia.”


The Latest From Epsilon Theory


This commentary is being provided to you as general information only and should not be taken as investment advice. The opinions expressed in these materials represent the personal views of the author(s). It is not investment research or a research recommendation, as it does not constitute substantive research or analysis. Any action that you take as a result of information contained in this document is ultimately your responsibility. Epsilon Theory will not accept liability for any loss or damage, including without limitation to any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Consult your investment advisor before making any investment decisions. It must be noted, that no one can accurately predict the future of the market with certainty or guarantee future investment performance. Past performance is not a guarantee of future results.

Statements in this communication are forward-looking statements. The forward-looking statements and other views expressed herein are as of the date of this publication. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements, and there is no guarantee that any predictions will come to pass. The views expressed herein are subject to change at any time, due to numerous market and other factors. Epsilon Theory disclaims any obligation to update publicly or revise any forward-looking statements or views expressed herein. This information is neither an offer to sell nor a solicitation of any offer to buy any securities. This commentary has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. Epsilon Theory recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial advisor. The appropriateness of a particular investment or strategy will depend on an investor’s individual circumstances and objectives.