Chinese Businessman Pleads Guilty to Stealing Software

In a case U.S. officials say is the first of its kind, a Chinese businessman pleaded guilty to selling stolen American software used in defense, space technology and engineering -- programs prosecutors said held a retail value of more than $100 million. The sophisticated software was stolen from an estimated 200 American manufacturers and sold to 325 black market buyers in 61 countries from 2008 to 2011, prosecutors said in court filings.