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FBI Chief Warns China Poised To Wreak 'Real-World Harm' on US Infrastructure

3 months 2 weeks ago
FBI Director Christopher Wray, in his final interview before stepping down, warned that China poses the greatest long-term threat to U.S. national security, calling it "the defining threat of our generation." China's cyber program has stolen more American personal and corporate data than all other nations combined, Wray told CBS News. He said Chinese government hackers have infiltrated U.S. civilian infrastructure, including water treatment facilities, transportation systems and telecommunications networks, positioning themselves to potentially cause widespread disruption. "To lie in wait on those networks to be in a position to wreak havoc and can inflict real-world harm at a time and place of their choosing," Wray said. The FBI director, who is leaving his post nearly three years early after President-elect Donald Trump indicated he would make leadership changes, said China has likely accessed communications of some U.S. government personnel. He added that Beijing's pre-positioning on American civilian critical infrastructure has not received sufficient attention.

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Sonos CEO Patrick Spence Steps Down After Disastrous App Launch

3 months 2 weeks ago
Sonos Chief Executive Patrick Spence stepped down on Monday, following a tumultuous period marked by a botched app rollout that angered customers and hurt sales of its new headphones. Board member Tom Conrad, a former Pandora chief technology officer, will serve as interim CEO while the audio equipment maker searches for a permanent replacement, the company said. Spence's departure comes eight months after Sonos released a revamped app that launched with missing features and technical problems, leading to widespread customer complaints and necessitating an extensive fix-it effort. The company will pay Spence, who joined Sonos in 2012 as chief commercial officer, a $1.875 million severance package. He will remain as a strategic advisor until June 30, earning $7,500 monthly, according to a regulatory filing.

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