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LeEco is known as the “Netflix of China” due to its very popular video streaming service, but the conglomerate also has interests in a much wider range of sectors including smartphones, TVs and electric vehicles.

Ding Lei, LeEco’s auto chief and a former top official at General Motors’ China venture with SAIC Motor, says part of LeEco’s advantage in tomorrow’s auto industry is that it carries no baggage from today’s.

This, the man said, is the future of cars, and the Chinese consumer electronics company LeEco is going to make that future a reality.

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There’s a website on the Dark Web offering to store Dox and accept a ransom payment to have it removed; provided the person responsible for uploading the information pays a commission and a processing fee to the website for services rendered.

In addition, it also provides a Doxing-as-a-Service platform, which promises to collect a complete profile on a person for $150.

The website is Ran$umBin (Ransom Bin). Designed to be friendly, easy to use extortion service, its existence was brought to Salted Hash’s attention by Cymmetria’s head of threat intelligence research, Nitsan Saddan. For those not familiar, Cymmetria is a cyber deception startup founded by Gadi Evron and Dean Sysman.

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China’s love of robots.

The Ying Ao sink foundry in southern China’s Guangdong province does not look like a factory of the future. The sign over the entrance is faded; inside, the floor is greasy with patches of mud, and a thick metal dust — the by-product of the stainless-steel polishing process — clogs the air. As workers haul trolleys across the factory floor, the cavernous, shed-like building reverberates with a loud clanging.

Guangdong is the growth engine of China’s manufacturing industry, generating $615bn in exports last year — more than a quarter of the country’s total. In this part of the province, the standard wage for workers is about Rmb4,000 ($600) per month. Ying Ao, which manufactures sinks destined for the kitchens of Europe and the US, has to pay double that, according to deputy manager Chen Conghan, because conditions in the factory are so unpleasant. So, four years ago, the company started buying machines to replace the ever more costly humans.

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