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EMPLOYEE FINES CHINA
Tech denial’s come home: The Anthropic shock is India’s wake-up callThe US government has restricted access to advanced AI models, impacting even its own engineers. This action highlights conditional trust f...- SpaceX's Starship flight hits most targets in pre-IPO testSpaceX's latest Starship test flight achieved a significant milestone, deploying mock satellites and executing a controlled splashdown. Thi...
- Apple CEO Tim Cook’s 15-year legacy by the numbersTim Cook is stepping down as Apple CEO after fifteen years. Hardware expert John Ternus will take over. Cook's tenure saw Apple's market va...
- China cracks down: Huawei ex-employees get prison for stealing chip secrets to launch rival startup ZunpaiFourteen former Huawei employees have been penalized for stealing confidential chip technology and using it to establish Zunpai. Zunpai's f...
- Want to snack at your desk while working? Get ready to pay a fine, says companyMan Wah Holdings, a Chinese furniture company, has sparked outrage with its draconian workplace rules. Employees face fines for minor infra...
- Citi to cut up to 200 tech contractor roles in China, sources sayCitigroup is reducing its IT contractor workforce in China by up to 200 positions as part of a global strategy to enhance risk management a...
- Company launches 2-min toilet time rule to improve employee productivityThree Brothers Machine Manufacturing Company in China has set strict bathroom break policies to boost efficiency, allowing breaks only at s...
- Taiwanese employees of Apple supplier detained in ChinaThe police in Zhengzhou, China, had accused each of the four Taiwanese workers of an offense comparable to Taiwan's "crime of breach of tru...
- IT services firm Kyndryl plans to separate China business: reportKyndryl, listed in New York, is an IT infrastructure services provider with operations across 60 countries and counts cloud providers Alpha...
- Alibaba shares rise 5.5% amid hopes Ant regulatory crackdown is endingThe scrutiny of the last two years created an uncertain environment that wiped billions off China tech sector share prices, including onlin...
- Ant's surprise share buyback values firm at steep 75% discount to IPOAnt's major shareholders, Hangzhou Junhan Equity Investment Partnership and Hangzhou Junao Equity Investment Partnership, have voluntarily ...
- ETtech Explainer: EU’s $1.3 billion fine on Meta is one of many penalties on Big Tech globallyBig Tech companies worldwide have come under the lens of antitrust regulators, policymakers and enforcement agencies amid concerns about pr...
- Chinese ride-hailing giant Didi reopens to new users after $1.2 billion fineDidi was one of the highest-profile targets of a sweeping crackdown on China's tech sector launched in 2021, which wiped billions of dollar...
- China to fine Didi more than $1 billion for data breaches: WSJ reportPeople said the fine would be more than 8 billion yuan ($1.28 billion), accounting for about 4.7% of Didi's $27.3 billion total revenue las...
- Timeline: Events leading up to China's $2.75 billion fine on AlibabaAlibaba has come under intense scrutiny in China since its billionaire founder Jack Ma's stinging public criticism of the country's regulat...
- Timeline: Events leading up to China's $2.75 billion fine on AlibabaThe Alibaba business empire has come under intense scrutiny in China since its billionaire founder Jack Ma's stinging public criticism of t...
- Eternis acquires Tennants Fine Chemicals for undisclosed amountThe Rajen Mariwala-owned company seeks to expand its range of aroma chemicals and leverage multi-location manufacturing and distribution pl...
- Geneva watch expo cancelled over coronavirusThe organiser of Geneva's international expo of fine watches said Thursday it had decided to cancel the April event because of the spread o...
- Samsung under renewed fire over China labour breachesMany foreign companies have been accused in recent years of improper labour practices in China, seen as a cheap source of labour for their ...
- Carrefour fined for stampede deaths in China storeFrench retail giant Carrefour made a public apology and was fined 500,000 yuan ($68,000) after three people were killed in a stampede at on...
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