HONG KONG/BEIJING - China's $1.2 billion (S$1,6 million) fine on Didi Global draws a line under the ride hailing company's regulatory woes, but the retroactive application of laws and a lack of clarity on the firm's business revival show the worst for its tech sector may not be over. Beijing's launch of a cybersecurity probe just over a year ago.
Despite Didi s US$1 2bil fine, China tech s regulatory woes may not be over thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
Despite Didi s $1 2 billion fine, China tech s regulatory woes may not be over oann.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oann.com Daily Mail and Mail on Sunday newspapers.
Apple was ordered to pay 12 million yuan (S$2.5 million) to a Chinese online publisher in an initial ruling handed down by the Tianjin Binhai People's Court on Monday (Nov 1), months after the country's highest court decided against the US technology giant in another lawsuit. That ruling in favour of the Tianjin subsidiary of COL Digital Publishing Group, which.
An individual consumer in China can now sue Apple over its App Store pricing and payment system, potentially meaning many more such cases could follow.