Internet

EU moves closer to sewing up new data transfer deal with US

The European Union moved closer to a clinching a revamped deal over transatlantic data transfers aimed at resolving concerns about U.S. spying with a draft decision that confirms "comparable safeguards" to those in the EU, ...

Business

Sheryl Sandberg, long Facebook's No. 2 exec, steps down

Sheryl Sandberg, the No. 2 executive at Facebook owner Meta, who helped turn its business from startup to digital advertising empire while also taking blame for some of its biggest missteps, is stepping down.

China orders Ant Group to rectify businesses

Chinese regulators have ordered Ant Group, the world's largest financial technology company, to rectify its businesses and comply with regulatory requirements amid increased scrutiny of anti-monopoly practices in the country's ...

Business

Jack Ma living in Japan after China tech crackdown: FT

Alibaba founder Jack Ma has been living in Tokyo for almost six months after disappearing from public view following China's crackdown on the tech sector, the Financial Times reported Wednesday, citing multiple unnamed sources.

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