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‘The workers are lazy’: why a tech company in China fines staff for toilet breaks
The company in Guangdong province started fining workers 20 yuan (US$3) for using the lavatory more than once a day, claiming it was to counter laziness at work. While some internet users supported the company’s decision, many more lambasted it for exploiting staff. The local government said the fines were illegal.
Exclusive: Alibaba plans $5 billion bond this month amid regulatory scrutiny - sources
HONG KONG (Reuters) - China's Alibaba Group Holding Ltd plans to raise at least $5 billion through the sale of a U.S. dollar-denominated bond this month, four people with knowledge of the matter said, amid regulatory scrutiny of co-founder Jack Ma's empire.
Amazon, Berkshire Hathaway, JPMorgan Chase to disband health venture
Amazon, Berkshire Hathaway and JPMorgan will disband Haven, the joint venture aimed at lowering health care costs for their US employees, just three years after launching.
New year, better tech: Innovations to better meet users’ needs in 2021 and beyond
After slogging through 2020, the year ahead sees efforts to improve on the technologies and trends that helped the public navigate a pandemic-affected world.
China fines JD.com, Alibaba’s Tmall, Vipshop for irregular pricing
China’s market regulator said on Dec 30 it has fined JD.Com Inc, Alibaba's Tmall and Vipshop 500,000 yuan (RM308,798) each for irregular pricing.
New app to fight oft-unpunished cases of stalking, says German support group
Perpetrators of stalking often go unpunished, the German victim support organisation Weisser Ring said Friday as it presented details of its “No Stalk App”.
Alibaba antitrust fears drive Chinese tech selloff
Alibaba Group Holding Ltd led a second day of frenetic selling among China’s largest tech firms, driven by fears that antitrust scrutiny will spread beyond Jack Ma’s Internet empire and engulf the country’s most powerful corporations.
Pandemic tests Rolls-Royce resilience after prolonged engine trouble
LONDON/PARIS (Reuters) - Rolls-Royce may be the jewel in Britain's industrial crown, but the coronavirus crisis has left the engine-maker facing one of the toughest challenges in its 114-year history.
Google says Australian law on paying for news is unworkable
A Google executive said on Dec 18 that a proposed Australian law to make digital platforms pay for news was unworkable and its proposed arbitration model was biased toward media businesses.
Australia sues Facebook over user data, echoing U.S. antitrust case
SYDNEY (Reuters) - An Australian regulator sued Facebook Inc on Wednesday accusing it of collecting user data without permission, building on government efforts around the world to rein in the social network.
