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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.
Bitcoin's value continues to tumble, analyst speculating this is due to the US being able trace the typically "untraceable" currency used as payment in a cyber ransom.
Scammers have come up with a new way to cheat people with a gold bar scheme using compromised WhatsApp accounts, the police warned on June 2.
The Reserve Bank of India clarified that cryptocurrency trading is permitted in the country, reversing a 2018 central bank circular that had forbid banks from facilitating such transactions.
Education startups IPO plans were damped as China announced more regulation on the industry, which it saw as putting too much pressure on school children.
Demand for recycling is hitting an all time high as nations and countries attempt to meet green goals and develop a circular economy, says recycling giant Chiho Environmental.
Bytedance founder Zhang Yiming, the brains behind TikTok, said he preferred “daydreaming” as he stepped down as head of his own firm last week. But his departure comes as several of China’s once-lauded tech entrepreneurs step aside under increasing scrutiny from a government concerned about their growing power and influence.
China’s factories are turning to automation to upgrade production lines, and at the same time prepare for fewer, higher-skilled workers. Chinese manufacturing companies like Midea have already embraced automation to sharply reduce the number of humans needed.
Beijing’s crackdown on its tech giants is fuelling a noticeable phenomenon: it’s opened the spending floodgates.
China’s Internet watchdog said on May 21 it had found Bytedance’s Douyin, Microsoft Bing, LinkedIn and 102 other apps were engaged in improper collection and use of data and ordered them to fix the problem.