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China Names New Internet Overseer

Beijing appointed a new director for its powerful internet regulator, elevating an official seen as an associate of President Xi Jinping to a post with censorship responsibilities and huge sway over tech companies......»»

Category: topSource: wsjAug 1st, 2018

Ex-assistant chairman of China"s banking regulator sentenced to 16 years in prison: state media

The former assistant chairman of China's banking regulatory commission has been sentenced to 16 years in prison for accepting bribes, state media said on Thursday, as the Chinese government clamps down on corruption......»»

Category: topSource: reutersJul 26th, 2018

China’s 750 Million Internet Users Too Big A Temptation For Google

Based on China government statistics, there are over 750 million internet users in the country. Over nine out of ten of them access the internet on mobile devices. And the penetration of internet........»»

Category: blogSource: 247wallst22 hr. 7 min. ago

Tencent 2Q18 profits drop

China-based Internet service provide.....»»

Category: topSource: digitimesAug 17th, 2018

Google Defends Push Into China Amid Censorship Concerns

Google Chief Executive Officer Sundar Pichai defended to employees the internet giant’s controversial push to do more business in China but said the company is “not close to launching a search product” in the country......»»

Category: smallbizSource: wsjAug 17th, 2018

Google CEO Tells Employees Company Isn"t Close to Launching Search Engine in China

Google Chief Executive Officer Sundar Pichai defended to employees the internet giant’s controversial push to do more business in China but said the company is “not close to launching a search product” in the country......»»

Category: smallbizSource: wsjAug 17th, 2018

Malaysia Accuses China of Harboring 1MDB Fugitive Jho Low

Malaysian officials believe China has been harboring one of the world’s most-wanted financial fugitives, the financier the U.S. Justice Department alleges is at the center of the $4.5 billion theft from a Malaysian development fund......»»

Category: topSource: wsjAug 16th, 2018

Chinese internet stocks rise after report of coming trade talks, but JD.com lags

Shares of China-based internet companies bounce, as reports of a resumption in trade talks helped provide investors some relief from the recent stewing over macroeconomic and geopolitical concerns......»»

Category: topSource: marketwatchAug 16th, 2018

Google Employees Protest Secret Work on Censored Search Engine for China

About 1,000 of the internet company’s employees have signed a letter demanding transparency, saying censored search results raise “urgent moral and ethical issues.”.....»»

Category: mediaSource: nytAug 16th, 2018

China Dismisses Vice Governor, Others Over Defective Vaccines

China’s leadership stepped up efforts to assuage public anger over a vaccine scandal, dismissing a provincial vice governor and ordering an investigation into a former senior drug regulator......»»

Category: topSource: wsjAug 16th, 2018

China Continues to Seek FDI

China’s securities regulator said it will allow individual foreign investors working in the country to buy and sell yuan-dominated Chinese A-shares, the latest incremental step by Beijing to wid.....»»

Category: topSource: livetradingnewsAug 16th, 2018

Alibaba, JD.com among China names trading lower

Shares of various Chinese internet names are down sharply in Tuesday's session, after several companies delivered disappointing earnings commentary and as the Turkey crisis co.....»»

Category: topSource: marketwatchAug 14th, 2018

The Wall Street Journal: Google looks for local allies as it seeks to expand in China

Google’s search engine is blocked in China. But inside the Beijing offices of smartwatch maker Mobvoi Inc., the internet giant looms large......»»

Category: topSource: marketwatchAug 12th, 2018

The cargo ship that"s been drifting off the coast of China for a month finally docked in Dalian port with its $20 million of soybeans

Reuters A cargo ship that sailed from the US carrying $20 million worth of soybeans was circling off the Chinese coast for over a month. The ship became an internet sensation on Chinese social .....»»

Category: topSource: businessinsiderAug 12th, 2018

In Shocking UN Accusation, China Said To Hold 1 Million Uighur Muslims In "Massive Internment Camps"

A breaking report based on findings of a United Nations human rights panel accuses China of holding up to one million ethnic Uighurs in what the report says resembles a “massive internment camp that is shrouded in secr.....»»

Category: blogSource: zerohedgeAug 11th, 2018

Is Baidu at Risk From a Suddenly Submissive Alphabet?

Profits at the "Google of China" rose 45%, but its shares slumped on news that the actual Google might be returning to that nation’s internet......»»

Category: topSource: foxnewsAug 7th, 2018

The New New World: A Generation Grows Up in China Without Google, Facebook or Twitter

Many foreign internet giants are blocked, leaving some young Chinese to wonder what those services even are — and reinforcing Beijing’s ideological control......»»

Category: mediaSource: nytAug 6th, 2018

China fines Alipay for violating payment services regulations

The Shanghai head office of China's central bank has levied a fine of 4.12 million yuan ($601,846) on Alipay, the online payment platform of Ant Financial, for violating regulations on payment services, the regulator said on Monday......»»

Category: topSource: reutersAug 6th, 2018

Google, Seeking a Return to China, Is Said to Be Building a Censored Search Engine

Google withdrew from China in 2010 to protest the country’s censorship. Now the internet giant is working on a search engine that complies with Chinese censorship rules......»»

Category: mediaSource: nytAug 1st, 2018

China Internet Nationwide signs pact with RIIT over blockchain research center

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallAug 1st, 2018