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China Fines Meituan $530 Million in Second Tech Antitrust Case

China fined the food-delivery giant Meituan $530 million for antitrust violations on Friday, the second major penalty this year in Beijing’s efforts to bring the country’s big internet companies to […]
















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Jack Ma Shows Why China’s Tycoons Keep Quiet

Jack Ma, the most famous businessman China has ever produced, is avoiding the spotlight. Friends say he is painting and practicing tai chi. Sometimes, he shares drawings with Masayoshi Son, […]




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A Global Tipping Point for Reining In Tech Has Arrived

On Dec. 9, the Federal Trade Commission and nearly every state filed bipartisan lawsuits accusing Facebook of acting anticompetitively. Less than a week later, European policymakers introduced a competition law […]




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Ant Group Announces Overhaul as China Tightens Its Grip

China’s fast-moving campaign to curb the power of internet giants has hit its latest mark: Ant Group, the fintech sister company of the e-commerce behemoth Alibaba.Ant announced on Monday that […]




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Alibaba Faces $2.8 Billion Fine From Chinese Regulators

China on Saturday said it was imposing a record $2.8 billion fine on the e-commerce titan Alibaba for monopolistic business practices, the government’s toughest action to date in its campaign […]




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China Turns to Elon Musk as Technology Dreams Sour

China is having its techlash moment.The country’s internet giants, once celebrated as engines of economic vitality, are now scorned for exploiting user data, abusing workers and squelching innovation. Jack Ma, […]