Business

China's Alibaba promises $15.5B for development initiatives

E-commerce giant Alibaba Group said Friday it will spend $15.5 billion to support President Xi Jinping's campaign to spread China's prosperity more evenly, adding to pledges by tech companies that are under pressure to pay ...

Business

China orders ride-hailing firms to correct unfair tactics

Chinese regulators have ordered ride-hailing platforms to correct unfair market tactics amid a broad crackdown on the internet sector that has spooked investors and shaved billions off the valuations of some of China's biggest ...

Business

New Chinese law tightens control over company data on users

China is tightening control over information gathered by companies about the public under a law approved Friday by its ceremonial legislature, expanding the ruling Communist Party's crackdown on internet industries.

Business

Tencent limits gaming for kids after official media critique

China's biggest gaming company, Tencent Holdings, said Tuesday it will limit gaming time for minors and ban children under age 12 from making in-game purchases after a state media article called games "spiritual opium."

Internet

Twitter tests shopping in e-commerce move

Twitter on Wednesday began testing a feature allowing businesses sell goods from their profile pages at the one-to-many messaging platform.

Telecom

French Minitel pioneer dies aged 88

Gerard Thery, the telecoms engineer whose Minitel project brought internet-style communications to France long before other industrialised countries, has died aged 88, officials said Monday.

Business

China's Tencent ordered to end exclusive music contracts

Internet giant Tencent was ordered by regulators to end exclusive contracts with music copyright holders, adding to increased enforcement of anti-monopoly and other rules as Beijing tightens control over booming online industries.

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