Tag: China
China’s Ant Group Slapped with $1 Billion Fine Over Consumer Data
China’s Ant Group, an affiliate of the giant e-commerce platform Alibaba, was slapped with a nearly $1 billion fine by the country’s top securities...
Meta & Tencent To Team Up To Relaunch Business In China
Meta has reportedly turned to China’s Tencent to resurrect its business in that country.
A potential roadblock to the tech giant’s efforts, however, could be its...
China Watchdog Fines Two Pharma Firms
According to Reuters, two pharmaceutical companies were fined by China's market regulator for engaging in monopolistic behavior.
Grand Pharmaceutical was fined 136 million yuan ($19.68...
China Cracks Down On AI Amid Rise In Deepfake Scams
China has reportedly heightened scrutiny of “deepfake” tech amid a rise in artificial intelligence (AI)-driven fraud.
Worries about the potential for AI to assist in financial...
China OKs Microsoft’s Planned $69B Activision Buy
China's antitrust regulator has approved Microsoft's acquisition of Activision for $69 billion.
The China State Administration for Market Regulation provided unconditional approval for the deal...
FTC Chair Says Antitrust Enforcement May Keep US Tech Ahead Of...
FTC Chair Lina Khan stated during an interview on CNBC's "Squawk Box" that enforcing antitrust measures could be advantageous for the US to maintain a lead...
China Data Flows And Power In The Era Of Chinese Big...
By W. Gregory Voss & Emmanuel Pernot-Leplay, TBS Business School & Shanghai Jiao Tong University
Personal data have great economic interest today and their...
China’s Baidu Sues Apple & App Makers
Baidu has taken legal action against both Apple and certain app developers due to the distribution of counterfeit versions of their Ernie bot app...
China Asks Australia To Treat TikTok Fairly
The commerce ministry of China issued a statement on Friday, stating that Australia's ban on TikTok from federal government-owned devices was discriminatory and had...
China Slows US Companies Merger Reviews
According to a recent report by the Wall Street Journal, China's antitrust regulator is delaying approval for mergers involving American companies amidst an escalating...