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BEIJING TECH CRACKDOWN
Apple’s Tim Cook takes on crucial new role: Global ambassadorTim Cook steps into a new role as executive chairman, dedicating more time to global diplomacy for Apple. He will engage policymakers world...- India's tech hiring chills; Polymarket's IPL betHappy Tuesday! The tech sector is seeing a slowdown in hiring driven by internal cost controls. This and more in today's ETtech Morning Dis...
- US readies China chip curbs that stop short of earlier proposals, Bloomberg News reportsThe Biden administration is weighing additional curbs on sales of semiconductor equipment and artificial intelligence (AI) memory chips to ...
- Alibaba's overhaul: a 'smart' move after China crackdownAlibaba has said it will split its $220 billion empire into six businesses: focusing on logistics, cloud computing, entertainment, e-commer...
- China's Tencent wins first game licence in 18 monthsChina's gaming regulator, the National Press and Publication Administration, on Thursday said it had approved 70 new titles in November inc...
- Tencent Q3 Results: Revenue down 2% year on year to $19 bnTencent said domestic video games in particular saw a 7 percent decrease in the three months ending September 30, "as transitional industry...
- Tencent Q3 Results: Revenue down 2% year on year to $19 bnThe Hong Kong-listed company, which is the world's top video game maker and the owner of popular super-app WeChat, posted revenues of 140 b...
- China's Alibaba to apply for dual primary listing in Hong KongThe move comes after the Hong Kong Stock Exchange (HKEX) in January changed its rules to allow "innovative" Chinese companies with weighted...
- Beijing gives initial nod to revive Ant IPO after crackdown coolsAnt, an affiliate of Chinese ecommerce behemoth Alibaba Group Holding Ltd, aims to file a preliminary prospectus for the share offering in ...
- Beijing gives initial nod to revive Ant IPO after crackdown coolsAnt, an affiliate of Chinese e-commerce behemoth Alibaba Group Holding Ltd, aims to file a preliminary prospectus for the share offering in...
- Chinese crackdown on tech giants show signs of easing; Alibaba, Baidu, JD.Com surgeBaidu, JD.com, and Alibaba shares gained in the premarket trading because Chinese-run news outlets stated that the government might end the...
- Beijing Tech Crackdown: Richard Liu, billionaire founder of JD.Com, steps down as CEOChinese eCommerce giant JD.COM's CEO has stepped down because of the tech crackdown, and now, the president of the company, XU Lei, will be...
- Hong Kong stocks tumble as traders extend tech routThe Hang Seng Index dived five percent Monday as the Hang Seng Tech Index was pummelled 11 percent after China said it would lock down Shen...
- Tencent leads China tech selloff amid fears of further crackdownTraders pointed to everything from warnings from regulators over the weekend about scams in the metaverse to talk about yet more curbs on t...
- China's troubled ride-hailing giant Didi reports $4.7 billion Q3 lossThe troubles for the firm -- once called China's Uber -- began after it listed in New York in June, seemingly against the wishes of Beijing.
- Chinese central bank boss vows to further fintech crackdownAuthorities have for about a year targeted a range of homegrown tech behemoths, including ecommerce titan Alibaba and food delivery giant M...
- China widens tech crackdown to include internet algorithmsInternet service providers must abide by business ethics and principles of fairness and should not set up algorithm models that entice user...
- China deepens crypto crackdown with central bank warningCryptocurrency trading is banned in China, and authorities have recently closed mines and warned banks to halt related transactions.
- China blocks app's social media after post on Tiananmen anniversaryThe Weibo page of Xiaohongshu—a Pinterest-like platform where users share travel and shopping tips—published a post on June 4 saying, "Tell...
- Alibaba's $10 bln buyback plan fails to halt stock slide as regulatory concerns mountA sharp sell-off over two sessions has knocked almost $116 billion off the tech giant's Hong Kong-listed shares.
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