Behind the Timing of Didi Global’s $1.2-billion Fine
News analysis Chinese ride-hailing company Didi Global was hit with a $1.2 billion fine on July 21. The Cyberspace Administration of China (CAC) accused the company of violating laws on cyberspace security, data security, and...
Chinese Regulators Slam Ride-Sharing App Didi Global with $1.2 Billion Fine
After a year-long probe into the company’s cybersecurity and data management, Chinese ride-hailing app Didi Global was fined $1.2 billion (8 billion yuan) by the country’s regulators. The clampdown is part of an ongoing regulatory...
Apple CEO Tim Cook Brokered Confidential Deal with China Worth $275 Billion
Apple CEO Tim Cook agreed to Invest $275 billion in China in return for unlimited access to the Chinese market, a report citing interviews and documents reveals. The report, published by The Information details how...
