The Cyberspace Administration of China (CAC) has announced limits for smartphone use for people under the age of 18 in a proposed rule on Wednesday as part of its efforts to curb young people’s internet use. The proposed regulations would mandate the creation of a ‘minor mode’ on all smartphones that would limit when children […]
Tag: Alibaba
Technology: China’s Didi Global Inc Raises $4.4Bn In U.S. IPO
China’s biggest ride-hailer, Didi Global Inc, on Wednesday raised $4.4 billion by pricing its shares at $14 each in its upsized New York initial public offering (IPO), according to public filings According to Dealogic, a financial markets platform offering integrated content, analytics, and technology via a service to financial firms, with the raising of about […]
US Blocks Sale Of Moneygram To China’s Ant Financial
The US has blocked the $1.2bn (£880m) sale of money transfer company, Moneygram. to China’s Ant Financial, the digital payments arm of Alibaba