Business
Chinese shoppers spent $139.1 billion during this year's annual Singles' Day shopping extravaganza, breaking last year's record even though spending slowed during the coronavirus pandemic.
Nov 11, 2021
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Business
China's Singles' Day, the world's largest online shopping festival which falls on Nov. 11 every year, is losing its shine, with less marketing hype and a crackdown on the technology industry.
Nov 11, 2021
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Business
Wireless and fixed-network equipment maker Nokia on Thursday reported third-quarter profit above analyst expectations on increasing sales of 5G technology and trimmed costs, but the company warned that the global shortage ...
Oct 28, 2021
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Automotive
Foxconn Technology Group, the world's largest electronics maker, has a deal to buy a huge auto assembly plant in Ohio from startup electric truck maker Lordstown Motors, the companies announced Thursday.
Oct 1, 2021
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Business
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."
Aug 3, 2021
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Business
China on Friday told the country's tech giants to conduct "deep self-examination" over issues including data security and user rights, as Beijing turns up the heat in its broadening regulatory clampdown.
Jul 30, 2021
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Business
Foreign shareholders in China's tech companies are learning what its entrepreneurs have long known: The ruling Communist Party's decisions about what is good for the economy can hurt your business.
Jul 28, 2021
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Business
Nasdaq announced Tuesday that it is replacing its exchange for companies that are not publicly traded, with a joint venture that will receive financing from Goldman Sachs and other financial heavyweights.
Jul 20, 2021
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Business
China's market regulator on Saturday blocked the merger of Tencent-backed game streaming platforms Douyu and Huya following an anti-monopoly investigation, as authorities ramp up scrutiny of some of the country's biggest ...
Jul 10, 2021
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Business
President Joe Biden signed an executive order on Friday targeting what he labeled anticompetitive practices in tech, health care and other parts of the economy, declaring it would fortify an American ideal "that true capitalism ...
Jul 10, 2021
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