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Tag: Chinese tech crackdown

Chinese-regulators-suspend-contract-with-Alibaba-Over-Failure-to-Report-Security-Glitch
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 past year. Failure to comply with the new regulations could result in large fines and compel...
Viya tax evasion
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, with an unprecedented 1.34 billion yuan (US$210 million) penalty for tax evasion and ordered her to refrain from rejoining...
Chinese and Russian hackers pose a major security threat to the U.S. This photo taken on August 4, 2020 shows Prince, a member of the hacking group Red Hacker Alliance who refused to give his real name, using his computer at their office in Dongguan, China's southern Guangdong province.
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 a larger role in surveillance and software programs than previously acknowledged by both the company and the government.  The review...
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 are upping the heat on a heavily saturated internet sector, adding financial pressure to tech companies already impacted by profit...
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SoftBank Suffers Loss Amidst China’s Tech Crackdown
Tokyo-based investment management company SoftBank Group has announced a net loss for the July-September quarter. This is the company’s first quarterly net loss in a year and a half. Softbank is popular for its Vision...