Japan ex-Internet icon Horie pleads not guilty
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Takafumi Horie, the former CEO of   Internet firm Livedoor Co. who came to symbolize a freewheeling   capitalism at odds with Japan's cozy corporate norms, pleaded   not guilty on Monday to charges of breaking securities law.
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The founder and former chairman of the world&#39;s second largest contract chip maker was found not guilty of investing in and transferring technology to a Chinese chip maker, a Taiwanese court said Friday.Taiwan&#39;s Hsinchu District Court said there wasn&#39;t enough evidence to prove wrongdoing in the government&#39;s case against Robert Tsao. A former vice-chairman of United Microelectronics Corp. (UMC), John Hsuan, and the head of a venture capital firm, Cheng Tun-chien, were also found not guilty in the case, the court said in a statement.The trio were&#160;indicted last year&#160;for allegedly investing in and transferring chip technology to Chinese chip maker He Jian Technology (Suzhou) Co. The executives and UMC repeatedly denied wrongdoing in the case. They have admitted to advising He Jian during its startup phase, but maintain that all help was within legal bounds. Prosecutors plan to appeal the verdict.Taiwan carefully controls chip investments to China, fearing it could lead to job losses on the island or that its technology could be used to bolster Chinese military might. The two separated in 1949 amid civil war, and Beijing has long threatened the use of force to take the island if it moves towards formal independence. Due to their strained relationship,&#160;Taiwan chip makers are required to receive government approval&#160;before investing in or transferring chip-related technology to China.The verdict is the second setback for the Taiwan government so far this year in its efforts to enforce regulations governing Taiwanese chip investments to China. In July, a Taipei court overturned an NT$5 million (US$154,000) fine against UMC, also citing a lack of evidence that it invested in He Jian.The court actions underline a rift among Taiwanese in their dealings with China. Some people on the island, which share linguistic and cultural ties to China, are working towards independence as a way to safeguard democratic reforms that have taken hold in Taiwan over the past two decades. Others view China as their homeland, and are working to ensure Taiwan unites with the mainland and takes part in its economic boom.Last year, UMC said a 15 percent stake in He Jian that the Chinese chip maker offered as payment for help establishing the company was put into a trust. The payment was part of UMC&#39;s efforts to make sure its shareholders benefitted from the growth of He Jian.UMC Chairman Jackson Hu has repeatedly referred to He Jian as UMC&#39;s partner in China, and said UMC will refer its customers to He Jian when they&#39;re looking for some chip work to be done in China.&#160;
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A former phone company employee pleaded not guilty Monday to charges of lying to FBI agents and a federal grand injury investigating wiretapping allegations against Hollywood private investigator Anthony Pellicano.
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Two men accused of aiding a Romanian man charged with hacking into the online ordering system of the world's largest computer equipment distributor pleaded not guilty Monday to charges of mail fraud and ...
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Takafumi Horie, the former CEO of   Internet firm Livedoor Co. who came to symbolize a freewheeling   capitalism that challenged with Japan's staid corporate norms,   pleaded not guilty on Monday to charges of breaking securities   laws.
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KNOXVILLE, Tenn., July 19 -- A contract employee at a nuclear materials cleanup site in Tennessee pleaded not guilty Thursday to charges that he stole classified information about enriching uranium to sell to foreign governments.
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Two men accused of aiding a Romanian man charged with hacking into the online ordering system of the world's largest computer equipment distributor pleaded not guilty to charges of mail fraud and conspiracy to ...
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Former Japanese internet boss Takafumi Horie is being framed by prosecutors, his lawyer says.
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Two men accused of aiding a Romanian man charged with hacking into the online ordering system of the world's largest computer equipment distributor pleaded not guilty Monday to charges of mail fraud and conspiracy to commit mail fraud.
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The founder of a Japanese investment fund, Yoshiaki Murakami, pleaded not guilty Thursday to insider trading.
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American rapper Ja Rule will plead not guilty to assault charges brought by Toronto police, his lawyer said Monday.
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A former executive from Enron Corp.&#39;s defunct high-speed Internet unit pleaded guilty Tuesday to one count of conspiracy related to the scandal-choked company&#39;s collapse.
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American rapper Ja Rule will plead not guilty to assault charges laid by Toronto police, his lawyer said Monday.
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One of Japan's best-known businessmen pleads not guilty to charges of financial crime as his trial begins in Tokyo.
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The former right-hand man of Japan's disgraced Internet mogul Takefumi Horie has testified against the Livedoor founder, accusing him of falsifying financial figures.
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The young founder of Mixi, Japan's wildly popular Internet networking site, has said he was not worried about the arrival in Japan of international sensation MySpace.
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A federal judge declined to accept a guilty plea Tuesday from a former software engineer at America Online Inc. who had been accused of stealing 92 million screen names and e-mail addresses of subscribers for use in an Internet marketing scheme.