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Monday, Sep 27, 2021
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China's central bank says all cryptocurrency-related activities are illegal, vows harsh crackdown
China's central bank renewed its tough talk on bitcoin Friday, calling all digital currency activities illegal and vowing to crack down on the market.
The secretive Chinese upstart 'making fast fashion look slow'
Every night before bed, Anushka Sachan whips out her phone to log into an app.
China bans men it sees as not masculine enough from TV
China’s government banned effeminate men on TV and told broadcasters Thursday to promote “revolutionary culture,” broadening a campaign to tighten control over business and society and enforce official morality.
China cuts amount of time minors can spend playing online video games
Under-18s will be allowed to play online games for one hour on Fridays, weekends and holidays
China plans to ban US IPOs for data-heavy tech firms
China’s stock regulator plans to propose new rules that could thwart internet companies’ plans to list in the U.S.
A Chinese technology giant is donating all its profits to charity
One of China's biggest tech firms has pledged to hand over its entire profit for the last quarter to rural development projects in the country as Beijing steps up the pressure for wealth redistribution.
The party’s over: China clamps down on its tech billionaires
The startling rise to wealth of the nation’s entrepreneurs has been an affront to Beijing’s political philosophy and increasingly, a threat to the communist party
China passes one of the world’s strictest data-privacy laws
China has approved a sweeping privacy law that will curb data collection by technology companies, but that policy analysts say is unlikely to limit the state’s widespread use of surveillance.
Two Big US Investment Funds Adopt Soros’ Strategy of Dumping Chinese Stock Assets
The shift in American capital movements is taking place amid a massive sell-off of shares of Chinese companies, prompted in no small part by Beijing's perceived crackdown on private IT and education firms.
Western Business Media Fume as China Unveils Five-Year Plan Featuring More Corporate Regulation
Chinese regulators have gradually worked to close taxation loopholes and improve regulatory regimes in recent years, particularly amid the continued escalation of tensions with the United States, which has engaged the fledgling economic ...
Will Beijing’s Big Tech crackdown kill the golden goose?
Investors ranging from venture capitalists to secondary market investors are all trying to second-guess what is coming next from Chinese regulators.
Stocks hit records ahead of Tesla earnings
Alphabet, Amazon, Apple, Facebook, Microsoft and Tesla all report this week
Nelson Mandela International Day 2021: History, Theme And Significance
Nelson Mandela International Day: July 18, 2021, marks the 103rd birth anniversary of Nelson Mandela. former president of South Africa.
Chinese Tech Stocks Jump After Tencent Gets Deal Approval
Hong Kong-listed Chinese tech stocks rose the most in nearly three weeks on Tuesday as official approval for a Tencent Holdings Ltd. acquisition eased investor concerns about Beijing’s recent regulatory crackdown.
Chinese City Using Facial Recognition Tech To Fight Coronavirus
This is the first publicly reported instance of facial recognition being used to track a person's movements and health status as they enter and exit residential areas, supermarkets, transport hubs and other public places in China.
Chinese antitrust regulator blocks Tencent's $5.3 bln video games merger
China's market regulator on Saturday said it would block Tencent Holdings Ltd's (0700.HK) plan to merge the country's top two videogame streaming sites, Huya (HUYA.N) and DouYu , on antitrust grounds.
China's central bank worried about stablecoins' risk to financial systems
The Chinese central bank is “quite worried” about the global financial risks associated with digital currencies, particularly stablecoins, according to a senior official.
Hong Kong Startup Pickupp Raises $15 Million From Billionaires And Conglomerates For Asia Expansion
New investors include Drive Catalyst, the corporate venture arm of Taiwan conglomerate Far Eastern Group, and Hong Kong-based Jardine Matheson Group.
The Amazon sellers who sold up and became millionaires
Becoming a millionaire was never part of the plan. Michele Venton had left London for Bournemouth, keen to escape corporate life - and decided to try selling dresses online.
Why is China cracking down on tech groups like Didi?
China's Communist Party leaders are uneasy with the growing influence of big technology firms. Is Didi the latest target?
Coinbase Wants to List All Altcoins, Here's What's Coming Next
According to Coinbase CEO Brian Armstrong, the top US crypto exchange is working to list as many altcoins as possible.
‘What if we’re the ants in this network of civilisations?’ asks UFO expert, as he says we should prepare for imminent ET contact
One of the founders of a new group formed last month, the International Coalition of Extraterrestrial Research, explains its mission to RT.com – and why he’s convinced aliens frequently visit Earth.
Bitcoin ticks back up to $34,000 after a dizzying 48 hours
Bitcoin returned above the $30,000 mark on Wednesday, highlighting the extreme volatility that has plagued cryptocurrencies in recent months.
Alibaba Executive Says Founder Jack Ma "Lying Low": Reports
Jack Ma is "lying low" and focusing on hobbies and philanthropy, an executive said.
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