Business

Chinese regulators to exercise more control over algorithms

Chinese regulators will exercise greater control over the algorithms used by Chinese technology firms to personalize and recommend content, the latest move in a regulation spree across the internet sector.

Business

Ant Group's shock IPO suspension hammers Alibaba shares

China's shock, last–minute decision to suspend the record-breaking IPO of fintech giant Ant Group hammered shares of founder Jack Ma's e-commerce titan Alibaba on Wednesday and left investors reeling.

Business

EU regulators circle on Apple Pay

The EU's powerful anti-trust regulator is taking a closer look at Apple Pay, an official said on Friday, amid worry that the fast-growing and easy-to-use payment system is shutting out rivals.