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(Reuters) -Chinese ride-hailing firm Didi Chuxing on Thursday made public its filing for a U.S. stock market listing, setting the stage for what is expected to be one of the world's biggest initial public offerings this year.
The new data law is expected to provide a broad framework for future rules on Internet services, and to ring-fence, prise open and ease tracking of valuable data in the interests of national security.
SEOUL (Reuters) -Krafton Inc, the South Korean company behind blockbuster video game "PlayerUnknown's Battlegrounds", said on Wednesday its IPO would raise up to 5.6 trillion won ($5 billion) at the top of an indicative range, which would be a record for the country.
Amid wave of US private sector hacks, feds face pressure to aid businesses on cybersecurity response
US officials in Washington are facing rising pressure to provide more support to private sector companies that stand vulnerable to attacks that would disrupt energy, transportation, manufacturing and other key sectors President Joe Biden wants to grow anew in the wake of the Covid-19 pandemic.
Alibaba Group Holding Ltd was the victim of a months-long web-scraping operation by a marketing consultant that siphoned up sensitive data including usernames and phone numbers, according to a court case that wrapped in June.
China will be launching its first manned mission to its new space station, Tiangong, as the country pushes forward with its ambitious programme to establish itself as a space power.
Kwai, the international version of Kuaishou, ranks first in Brazil’s free iPhone app store, while TikTok ranks fifth, according to data provider Sensor Tower. Rapid growth of Kuaishou’s overseas apps saw sales and marketing expenses surge to roughly 69 per cent of revenue in the first quarter.
WASHINGTON (Reuters) -The U.S. Federal Communications Commission voted unanimously on Thursday to advance a plan to ban approvals for equipment in U.S. telecommunications networks from Chinese companies deemed national security threats like Huawei and ZTE.
China’s government summoned Meituan’s Wang Xing to a meeting recently and warned him to keep a low profile, after the founder of China’s third-largest tech corporation last month posted a controversial poem that convulsed markets and sparked a social media furor.
Bitcoin dropped over the weekend amid a focus on Chinese mine closures and potential regulatory scrutiny.