Robotic process automation has become buzzy in the last few months. New York-based UiPath is on course to launch an initial public offering after gaining an astounding valuation of $35 […]
China
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Back to news homeA 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 […]
China’s First Quarter Growth is Expected to Boom on Paper
Factories are whirring, new apartments are being snapped up and more jobs are up for grabs. When China releases its new economic figures on Friday, they are expected to show […]
FBI launches operation to remove backdoors from hacked Microsoft Exchange servers
A court in Houston has authorized an FBI operation to “copy and remove” backdoors from hundreds of Microsoft Exchange email servers in the United States, months after hackers used four […]
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 […]
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 […]
China gets serious about antitrust, fines Alibaba $2.75B
Chinese regulators have hit Alibaba with a record fine of 18 billion yuan (about $2.75 billion) for violating anti-monopoly rules as the country seeks to rein in the power of […]
Beyond Meat opens its first production plant in China
About a year after Beyond Meat debuted in China on Starbucks’s menu, the Californian plant-based protein company opened a production facility near Shanghai to tap the country’s supply chain resources […]
With a Big Tax Break, Hong Kong Tries to Soothe the Rich
HONG KONG — Political opposition has been quashed. Free speech has been stifled. The independent court system may be next.But while Hong Kong’s top leaders take a tougher line on […]
H&M and Other Brands Face Backlash From Chinese Consumers
Faced with accusations that it was profiting from the forced labor of Uyghur people in the Chinese territory of Xinjiang, the H&M Group — the world’s second-largest clothing retailer — […]