Tag: Tech
China Tells Alipay Operator Ant Group To Separate app Lending Business
Beijing is angling to break up the super-app Alipay in order to make a new app for the company’s 1 billion-plus-user loans business, a...
Bank Of England Takes On Big Tech Cloud Services
Amazon, Google, and other tech companies providing cloud computing to banks in Britain may have to comply with minimum resilience standards and testing, a...
Paper Calls US Blocking Chinese Acquisitions Of Tech Firms A “Red...
Chinese state-backed tabloid the Global Times called US efforts to block cross-border acquisitions of tech companies a "red flag" that impedes China's tech sector...
Russia Warns Apple Over Abuse Of Dominant Market Position
Russia's Federal Anti-Monopoly Service (FAS) has warned Apple over what it called the US technology giant's "abuse of its dominant position" in the distribution...
China May Ban Overseas IPOs For Tech Firms With Data Risks
China is framing rules to ban internet companies whose data poses potential security risks from listing outside the country, including in the United States,...
Didi Stops UK Launch Plans Amid China’s Tech Crackdown
China's ride-hailing giant Didi has suspended its plans to launch in Britain and continental Europe, The Telegraph reported on Monday, August 23, against the...
Chinese Tech Companies Ink Antitrust Vow
More than 30 Chinese tech firms, including Tencent Holdings and Alibaba Group Holding, together inked an understanding on antitrust matters, the South China Morning...
German Watchdog Tells EU To Broaden Draft Tech Regs
The German competition watchdog has advised pumping up draft regulations crafted by the European Union (EU), Financial Times reported Wednesday, July 14.
Andreas Mundt, head...
Vestager Wants EU To Focus On Creating Trust In Digital Tech
Europeans have low trust in technology and this might hamper the uptake of emerging technologies, the European Commission’s Executive Vice President Margrethe Vestager has...
US & EU Team Up On Tech To Counter Russia &...
The US and EUn plan to cooperate more on technology regulation, industrial development, and bilateral trade following President Biden’s visit, in a bid to...
