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Regardless of the cause of this particular set of events, corporate media engagement as resistance against state actors is the only logical development that can
by contingencies 7y ago
Regardless of the cause of this particular set of events, corporate media engagement as resistance against state actors is the only logical development that can be expected following the Snowden revelations which confirmed that long-theorized postal interception methods are in use. This creates additional pushback for FedEx who now have to prove they aren't working for US intelligence, or face losing additional customers. While other state actors remain valid threats, given US involvement was proven by Snowden and FedEx is so global I am kind of surprised that neither Deutsche Post[0] nor ZTO[1] nor SF Express[2] shares are up on the news.
[0] http://en.boerse-frankfurt.de/stock/Deutsche_Post-share http://en.boerse-frankfurt.de/stock/Deutsche_Post-share [1] https://www.nyse.com/quote/XNYS:ZTO https://www.nyse.com/quote/XNYS:ZTO [2] http://www.szse.cn/English/siteMarketData/siteMarketDatas/lookup/index.html?code=002352 http://www.szse.cn/English/siteMarketData/siteMarketDatas/lo...
- maratd 7y ago> I am kind of surprised that neither Deutsche Post[0] nor ZTO[1] nor SF Express[2] shares are up on the news. Why would they be up on the news? They're just as likely to be engaging in the same behavior, only for a different set of government actors.
- dmix 7y agoIntercepting it in the US or within their own country is one thing. Rerouting a document being sent from Japan to China to the US multiple times is most certainly not a common thing mail services would do for intelligence agencies. Getting a private company operating in a foreign country to do your intelligence work so blatantly is certainly news worthy. Maybe not stock price shifting news though.
- Mirioron 7y agoI think it should affect stock price. Espionage is usually punished pretty harshly and you have no guarantee that said private company won't be charged with it in the future when the political landscape changes in the country.
- panarky 7y agoIf the packages really were intentionally diverted, it's entirely possible Fedex didn't knowingly participate with the spooks. Fedex has thousands of customer service agents with the ability to change package destinations for legitimate purposes. Is any company's security is so strong they can prevent employees from independently cooperating with governments?
- Arnt 7y agoDeutsche Post? Forget it. The scandal would be off the scale. Stasi is a living memory in Germany.
- contingencies 7y agoMentioned as they own DHL.
- HenryBemis 7y agoEven if Huawei stops using FedEx and switches to 'HenryBemisEx', there is nothing that a gag order can't fix. If this is a US 3-letter-word act/intervention, it will happen with the next company down the line. The only way to prevent this is the good old way. Send 3 trusted people with 3 sets of documents from A-to-B and make sure that nobody opens those darned folders. I am simplifying this, but hey, you send something using publicly available methods, you get publicly available privacy violations (unfortunately). I enjoyed the "FedEx doesn't comment..." policy.