#China fines tech giants in anti-monopoly cases

#China fines tech giants in anti-monopoly cases

“#China fines tech giants in anti-monopoly cases” Companies including internet giants Alibaba and Tencent were fined Wednesday by anti-monopoly regulators in a new move to tighten control over their fast-developing industries. In 22 cases, companies were fined 500,000 yuan ($75,000) each for actions including acquiring stakes in other companies that might improperly increase their market…

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#Twitter suspends professor over posts mocking China’s Xi Jinping

#Twitter suspends professor over posts mocking China’s Xi Jinping

“#Twitter suspends professor over posts mocking China’s Xi Jinping” ​Twitter temporarily suspended a New Zealand professor after she mocked the 100th anniversary of the Chinese Communist Party and President Xi Jingping. Anne-Marie Brady, a professor at the University of Canterbury, wrote two tweets making fun of China and Xi celebrating the centennial of the Communist…

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#Chobani confidentially files for IPO, valuation may exceed B

#Chobani confidentially files for IPO, valuation may exceed $10B

“#Chobani confidentially files for IPO, valuation may exceed $10B” Greek-yogurt maker Chobani could be valued at more than $10 billion in its initial public offering, a person familiar with the matter told Reuters on Wednesday, as the company confidentially filed regulatory paperwork for its stock market listing. The food sector has gained investor attention over the past…

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#Chinese social media giant WeChat shuts LGBT accounts

#Chinese social media giant WeChat shuts LGBT accounts

“#Chinese social media giant WeChat shuts LGBT accounts” BANGKOK, Thailand — China’s most popular social media service has deleted accounts on LGBT topics run by university students and nongovernment groups, prompting concern the ruling Communist Party is tightening control over gay and lesbian content. WeChat sent account holders a notice they violated rules but gave…

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#Kathryn Garcia concedes NYC mayoral primary to Eric Adams

#Kathryn Garcia concedes NYC mayoral primary to Eric Adams

“#Kathryn Garcia concedes NYC mayoral primary to Eric Adams” Former Sanitation Commissioner Kathryn Garcia formally ended her quest to become New York City’s 110th mayor Wednesday, conceding the hard-fought Democratic primary to the race’s winner, Brooklyn Borough President Eric Adams. Garcia ended her campaign after the latest figures from the Board of Elections showed her…

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