China’s Sticky Fingers

Grind for October 21st, 2018
“Genius is initiative on fire.” – Holbrook Jackson

Think About It

The Headline

Why being a “perfectionist” is bad for your mental health

The Grind

Experts define perfectionism as “a combination of excessively high personal standards and overly critical self-evaluations.”

In other words, perfectionists hold themselves to unrealistic standards and then beat themselves up when they fail to meet those standards.

There are three main types of perfectionism:

1. Self-oriented perfectionism, where you expect yourself to be perfect.

2. Other-oriented perfectionism, where you expect others to be perfect.

3. Socially-prescribed perfectionism, where you believe others expect you to be perfect (this is the worst kind).

The Details

Individuals suffering from socially-prescribed perfectionism “believe their social context is excessively demanding, that others judge them harshly, and that they must display perfection to secure approval,” explains Thomas Curran, a lecturer at the University of Bath in the UK.

This type of thinking can lead to anxiety, depression, eating disorders, high blood pressure, and suicidal ideation. Perfectionists also tend to have a much harder time coping with physical illness. According to one study, more than 50% of people who kill themselves are described by loved ones as “perfectionists.”

Tips for overcoming perfectionism include:

–Not basing your self-esteem on how you perform or look

— Giving yourself a break

— Focusing on the positives when mistakes happen

— Understanding that getting something finished is better than getting it perfect


The Headline

Huawei is at it again

The Grind

US startup CNEX is suing Chinese tech giant Huawei for trying to steal its semiconductor technology.

The accusation is nothing out of the ordinary for Huawei, which has been locked out of the US market since 2012 over suspicious it used its gear to spy on US citizens.

What makes this case unique is CNEX founder Ronnie Huang, a Chinese-born US citizen who worked for Huawei before establishing his own company.

Huang was hired by Huawei in 2011 for his expertise in SSD technology.

According to CNEX’s filings, Huawei refused to purchase Huang’s pre-existing intellectual property and then later tried to trick him into signing it away as part of an employment agreement.

Huang left Huawei in 2013 and founded CNEX.

The Details

Huawei has been monitoring CNEX from the beginning, and even posed as a customer in an attempt to collect information. Last December, Huawei sued Mr. Huang for stealing trade secrets and for taking 14 employees away from the company.

Huang admits he recruited employees from Huawei, but denies allegations of intellectual property theft.

Huawei’s lawsuit is “premised on bogus claims of trade secret misappropriation and false claims of ownership of CNEX’s proprietary technology,” argues CNEX.

Meanwhile, Huawei has demanded that CNEX provide the court with all technical documents, including “testing plans, source code design documents, source code flowcharts, hardware design documents and schematics, hardware and software bug status reports, engineering personnel responsibility designations, client product delivery details, and production schedules.”

Huawei’s behavior here is sad but not surprising.

China’s economic growth model depends on intellectual property theft, and we should expect it to continue.

Did you know… Scientists have confirmed that Enceladus, one of Saturn’s moons, has a watery ocean.