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Xi’s administration has tightened control over the hoard of information produced by the nation’s tech companies as part of broader efforts to position China as a leader in big data. ....
China's continued efforts to build network connections and expand the end device ecosystem have fueled the rapid growth of 5G applications in the country, creating new opportunities for the commercial use of the latest telecom technology, said industry experts. ....
Xi’s next target in tech crackdown is China’s vast reams of data By unleashing the data market’s value and potential, the Chinese president is positioning the nation to become a leader in transforming the world economy By Colum Murphy / Bloomberg With Chinese President Xi Jinping (習近平) targeting China’s massive tech giants, the big question now is how he would get them to share key data as part of a sweeping plan to transform the world’s second-biggest economy. Until recently, China’s megafirms, such as Jack Ma’s (馬雲) Alibaba Group Holding Ltd and Tencent Holdings Ltd, have operated in a similar way to US counterparts Facebook Inc and Alphabet Inc, harnessing user data to refine an expanding array of digital services. Since more data lead to better products, the tech platforms often become natural monopolies giving them enormous wealth and power that also opens the door for abuses. ....
Xi's Next Target in Tech Crackdown Is China's Vast Reams of Data yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
After tech crackdown, Xi looking to tap Chinese firms wealth of data Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/ The Guizhou Big Data Exhibition Center in Guiyang, China. | BLOOMBERG Bloomberg Apr 23, 2021 As President Xi Jinping targets China’s massive technology giants, there is uncertainty over how he will get them to share key data as part of the next step in a sweeping plan to transform the world’s second-biggest economy. Until recently, China’s megafirms like Jack Ma’s Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have operated in a similar way to U.S. counterparts Facebook Inc. and Alphabet Inc., harnessing user data to refine an expanding array of digital services. ....