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Tuesday, April 23, 2024
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Chinese internet giants hand algorithm data to government

Chinese internet giants including Alibaba, Tiktok-owner ByteDance and Tencent have shared details of their algorithms with China's regulators for the first time. Algorithms decide what...

MONOPOLY: Alibaba accepts China fine with sincerity, promises compliance with determination [LETTER]

Alibaba group has written a letter of acceptance of $2.8b fines by the People's Republic China over its seeming action of a market monopoly. The...

China hits Alibaba with record $2.8 billion fine for behaving like monopoly

China has ordered Alibaba to pay a record fine of 18.2 billion yuan ($2.8 billion) after antitrust regulators concluded that the online shopping giant...

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