The U.S. government’s budget deficit hit a record high last month, as billions of dollars of stimulus checks added to government spending. Two Korean battery rivals have settled their dispute. The feud had threatened the construction of a new battery factory in Georgia. Beijing sends a warning shot to China’s tech giants. The regime slapped…
Alibaba Fined $2.8 Billion on Competition Charge in China
BEIJING—Alibaba Group, the world’s biggest e-commerce company, was fined 18.3 billion yuan ($2.8 billion) by Chinese regulators on Saturday for anti-competitive tactics, as the ruling Communist Party tightens control over fast-growing tech industries. Party leaders worry about the dominance of China’s biggest internet companies, which are expanding into finance, health services, and other sensitive areas….
Beijing Tightens Control Over Voice Software and Deepfake Technologies on Chinese Social Media Platforms
March 19, 2021
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Alibabaaudio message appbiometriccacChinaChina Business & EconomyChina Human RightsChina SocietyChinese RegimeclubhousedeepfakeTencentThe Cyberspace Administration of Chinavoice softwareXiaomi
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After the ban of U.S. audio-based social media app Clubhouse last month, the Chinese regime issued an official notice on March 18 to tighten internet control over voice software on Chinese social media platforms, pressuring domestic technology firms to implement surveillance measures. Chinese users have been using the audio-chat of Clubhouse to join real-time global…
Beijing Tightens Control Over Voice Software and Deepfake Technologies on Chinese Social Media Platforms
March 19, 2021
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Alibabaaudio message appbiometriccacChinaChina Business & EconomyChina Human RightsChina SocietyChinese RegimeclubhousedeepfakeTencentThe Cyberspace Administration of Chinavoice softwareXiaomi
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After the ban of U.S. audio-based social media app Clubhouse last month, the Chinese regime issued an official notice on March 18 to tighten internet control over voice software on Chinese social media platforms, pressuring domestic technology firms to implement surveillance measures. Chinese users have been using the audio-chat of Clubhouse to join real-time global…
Jack Ma Loses Title As China’s Richest Man, Slips to 4th Spot
March 5, 2021
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Jack Ma, the founder of China’s Alibaba and Ant Group, has received a lot of attention in recent months, after his empire came under regulatory scrutiny. Ma no longer holds the top spot for China’s richest man in 2021 in the Hurun Global Rich List. In addition, no real estate developers ranked among China’s top…
Alibaba’s Jack Ma Makes First Public Appearance in 3 Months
SHANGHAI—Alibaba Group founder Jack Ma made his first public appearance since October 2020 on Wednesday when he spoke to a group of teachers by video, easing concern about his unusual absence from the limelight and sending shares in the e-commerce giant surging. Speculation over Ma’s whereabouts has swirled in the wake of news this month…
Alibaba’s Ma Makes First Public Appearance in 3 Months
SHANGHAI—Alibaba Group founder Jack Ma made his first public appearance since October 2020 on Jan. 20, speaking to a group of teachers by video, and easing concern about his unusual absence from the limelight and sending shares in the e-commerce giant surging. Speculation over Ma’s whereabouts has swirled in the wake of news this month…
NTD Business Full Broadcast (Jan. 8)
The newest jobs report is out — unemployment remains about the same. But we speak to a senior analyst who says he’s hopeful about the future. The I-R-S gives a tax break for small businesses. They can now write off expenses paid for with forgiven PPP loans. We talk to an expert. Deutsche Bank will pay…
China Insider: Ant Group Subjected to CCP’s Financial Regulation
January 7, 2021
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AlibabaAnt Grouparbitrage violationCCPChinaChina InsiderChinese Communist PartyChinese economyChinese Regimecollapsee-commercefinanceJack MaMYbankNews VideosPan GongshengsupervisionThe central bank of the CCPVideoZhang Jindong
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Ant Group, a subsidiary of China’s e-commerce giant Alibaba, has recently been repeatedly summoned to a meeting with the four major financial regulators of the Chinese Communist Party (CCP). The central bank of the CCP has also come forward to accuse Ant Group of arbitrage violations and asked the group to rectify them. The central…
Jack Ma’s Disappearing Act Fuels Speculation About Billionaire’s Whereabouts
BEIJING—Alibaba founder Jack Ma’s absence from public view in the past two months, including missing the final episode of a TV show on which he was to appear as a judge, has fueled social media speculation over his whereabouts amid a Chinese regulatory clampdown on his sprawling business empire. China’s highest-profile entrepreneur has not appeared…
US News
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