China pulls approval for Facebook’s planned venture: NYT


Facebook’s data policy determines what the company will do with the data collected from your list of friends, preferences and personal Information. However, there’s no guarantee that this will be adhered to. — dpa

China has withdrawn its approval for Facebook Inc's plan to open a new venture in the eastern province of Zhejiang, the New York Times reported on July 25, citing a person familiar with the matter.

A Chinese government database showed that Facebook had gained approval to open a subsidiary, but the registration has since disappeared, according to checks made by Reuters.

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