Tag: Chinese tech crackdown
E-Commerce Giant Alibaba to Split Into 6 Firms and Pursue Separate IPOs to Streamline Operations
Alibaba Group, one of the largest e-commerce companies in the world, has announced its plans to split...
10,000 Millionaires Expected to Leave China This Year–And Take $48 Billion With Them: Report
According to a consulting firm specializing in foreign investments, over 10,000 of China’s wealthiest...
Chinese Regulator Suspends Contract With Alibaba Over Failure to Report Security Threat
China has been tightening its grip on the tech sector by imposing a number of new regulations over the...
Beijing Demands $210 Million From China’s ‘Queen of Live Streaming’ Viya
Chinese tax authorities have hit live-stream shopping influencer Huang Wei, known to her fans as Viya...
Chinese Tech Giant Huawei Linked to Surveillance Operations and Intelligence Gathering: Report
An analysis by the Washington Post finds that Chinese telecommunications firm Huawei may have played...
China’s Tech Industry Seeing Largest Round of Layoffs as Beijing’s Sweeping Crackdown Continues
As Chinese leader Xi Jinping’s crackdown on the country’s Big Tech sector continues, Beijing’s regulators...
SoftBank Suffers Loss Amidst China’s Tech Crackdown
Tokyo-based investment management company SoftBank Group has announced a net loss for the July-September...