China Firm Fined
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Jack Ma's Firm Asked To Pay Nearly $1 Billion Fine In China
Chinese authorities imposed a fine of nearly USD 1 billion for the financial technology giant Ant Group on Friday, nearly three years after regulators blocked the company's proposal for a record-breaking public offering, which launched a period of in
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Chinese Comedy Firm Fined $2 Million For Joke On Military
China on Wednesday slapped one of the country's best-known comedy companies with a 14.7 million yuan ($2.13 million) penalty, accusing it of "harming society" after a military joke made by one of its comedians drew strong public criticism.
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China's Cyber Watchdog Wants 'Affectionate' Ties With Domestic Internet Firms
China's cyberspace watchdog wants to build an "affectionate" relationship between internet enterprises and the government, a senior official said on Friday, the latest verbal assurance to an industry still on edge after a long and bruising regulatory crackdown.
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Chinese Regulator Publishes List of 30 Data Gathering Algorithms Used by ByteDance, Alibaba, More
China’s Internet watchdog, the Cyberspace Administration of China, on Friday published a list of 30 algorithms used by tech firms in the country. The move followed the passing of regulations in March that mandate the disclosure of algorithms used by companies like Weibo, ByteDance, and Taobao. Cyberspace authorities carry out security assessments...
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India Probes ZTE, Vivo As More China Firms Under Scrutiny
India is probing the local units of ZTE Corp. and Vivo Mobile Communications Co. for alleged financial improprieties, according to documents seen by Bloomberg, extending an investigation into other China-based firms after fining Xiaomi Corp.
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Motorola Trade Secrets Stolen By Chinese Telecom Firm Hytera, US Indictment Accuses
A federal indictment accuses Hytera, a Chinese telecommunications company, of stealing technology from Motorola, in another case highlighting longstanding fears about China pilfering vital US business secrets to bolster its own economy.
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Tencent Ordered to Give Up Exclusive Music Rights in China Antitrust Crackdown
Tencent must relinquish its exclusive music label rights, China’s market regulator said, after finding that the firm had violated antitrust laws.
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"Heed The Warning": Beijing Warns 34 Tech Firms After Record Alibaba Fine
Chinese regulators have warned 34 technology giants -- including Baidu and Tencent -- to "rectify" any anti-competitive measures, a statement said Tuesday, days after e-commerce giant Alibaba was fined nearly $2.8 billion for abusing its dominant mar
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China Market Regulator Fines 12 Firms Over Illegal Monopolistic Behaviour
The companies were fined 500,000 yuan ($77,000) each for behaviour that caused market concentration but did not exclude all competition from other companies, SAMR said.
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China Eyes Record Monopoly Fine Near $1 Billion For Alibaba: Report
China is considering imposing a record fine of nearly $1 billion on e-commerce giant Alibaba for allegedly flouting monopoly rules, according to a report, as authorities continue to put the screws on the firm as part of a crackdown on the technology sector.
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China's Cyber Watchdog Imposes Top Fines on Tech Firms Over Censorship
China has fined several firms, including Tencent Holdings, Baidu, and Weibo, for failing to properly censor online content.
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1,300 Firms Punished In China For Violating Pollution Norms
Over 1,300 companies have been punished in China's Shanxi Province, which suffered the worst smog this winter, for violating anti-pollution regulations with a fine of USD 3.1 million collected from them.
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China Hits Tetra Pak With $99 Million Anti-Trust Fine
Chinese regulators have slapped Swedish firm Tetra Pak with a 668 million yuan ($98.5 million) fine following an anti-trust probe into the global packaging giant.
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China Firm Fined For Pollution In Landmark Case
A Chinese environmental group has won a landmark public interest lawsuit against a glass manufacturer, with the firm fined more than $3 million for excessive pollution, a court said.
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KFC Wins China Payout Over Mutant Chicken Rumours
A Shanghai court has fined three local tech firms for helping spread rumours about Yum Brands Inc's KFC fast food chain.
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Jack Ma's Firm Asked To Pay Nearly $1 Billion Fine In China
Chinese authorities imposed a fine of nearly USD 1 billion for the financial technology giant Ant Group on Friday, nearly three years after regulators blocked the company's proposal for a record-breaking public offering, which launched a period of in
-
Chinese Comedy Firm Fined $2 Million For Joke On Military
China on Wednesday slapped one of the country's best-known comedy companies with a 14.7 million yuan ($2.13 million) penalty, accusing it of "harming society" after a military joke made by one of its comedians drew strong public criticism.
-
China's Cyber Watchdog Wants 'Affectionate' Ties With Domestic Internet Firms
China's cyberspace watchdog wants to build an "affectionate" relationship between internet enterprises and the government, a senior official said on Friday, the latest verbal assurance to an industry still on edge after a long and bruising regulatory crackdown.
-
Chinese Regulator Publishes List of 30 Data Gathering Algorithms Used by ByteDance, Alibaba, More
China’s Internet watchdog, the Cyberspace Administration of China, on Friday published a list of 30 algorithms used by tech firms in the country. The move followed the passing of regulations in March that mandate the disclosure of algorithms used by companies like Weibo, ByteDance, and Taobao. Cyberspace authorities carry out security assessments...
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India Probes ZTE, Vivo As More China Firms Under Scrutiny
India is probing the local units of ZTE Corp. and Vivo Mobile Communications Co. for alleged financial improprieties, according to documents seen by Bloomberg, extending an investigation into other China-based firms after fining Xiaomi Corp.
-
Motorola Trade Secrets Stolen By Chinese Telecom Firm Hytera, US Indictment Accuses
A federal indictment accuses Hytera, a Chinese telecommunications company, of stealing technology from Motorola, in another case highlighting longstanding fears about China pilfering vital US business secrets to bolster its own economy.
-
Tencent Ordered to Give Up Exclusive Music Rights in China Antitrust Crackdown
Tencent must relinquish its exclusive music label rights, China’s market regulator said, after finding that the firm had violated antitrust laws.
-
"Heed The Warning": Beijing Warns 34 Tech Firms After Record Alibaba Fine
Chinese regulators have warned 34 technology giants -- including Baidu and Tencent -- to "rectify" any anti-competitive measures, a statement said Tuesday, days after e-commerce giant Alibaba was fined nearly $2.8 billion for abusing its dominant mar
-
China Market Regulator Fines 12 Firms Over Illegal Monopolistic Behaviour
The companies were fined 500,000 yuan ($77,000) each for behaviour that caused market concentration but did not exclude all competition from other companies, SAMR said.
-
China Eyes Record Monopoly Fine Near $1 Billion For Alibaba: Report
China is considering imposing a record fine of nearly $1 billion on e-commerce giant Alibaba for allegedly flouting monopoly rules, according to a report, as authorities continue to put the screws on the firm as part of a crackdown on the technology sector.
-
China's Cyber Watchdog Imposes Top Fines on Tech Firms Over Censorship
China has fined several firms, including Tencent Holdings, Baidu, and Weibo, for failing to properly censor online content.
-
1,300 Firms Punished In China For Violating Pollution Norms
Over 1,300 companies have been punished in China's Shanxi Province, which suffered the worst smog this winter, for violating anti-pollution regulations with a fine of USD 3.1 million collected from them.
-
China Hits Tetra Pak With $99 Million Anti-Trust Fine
Chinese regulators have slapped Swedish firm Tetra Pak with a 668 million yuan ($98.5 million) fine following an anti-trust probe into the global packaging giant.
-
China Firm Fined For Pollution In Landmark Case
A Chinese environmental group has won a landmark public interest lawsuit against a glass manufacturer, with the firm fined more than $3 million for excessive pollution, a court said.
-
KFC Wins China Payout Over Mutant Chicken Rumours
A Shanghai court has fined three local tech firms for helping spread rumours about Yum Brands Inc's KFC fast food chain.
