Beijing’s latest regulatory move in the tech sector requires online tutoring firms to become nonprofit institutions.
Tag: Regulation and Deregulation of Industry
What China Expects From Businesses: Total Surrender
Unlike regulators in Europe and the U.S., Beijing is using the guise of antitrust to bring powerful tech companies into line with its priorities.
England’s Bukayo Saka Urges Facebook and Twitter to Crack Down on Abuse
After facing a torrent of racist abuse online, Bukayo Saka said he didn’t want anyone to deal with such “hateful and hurtful messages.”
China Called Finance Apps the Best Thing Since the Compass. No Longer.
Beijing’s tech crackdown could imperil the innovation that brought modern finance to underserved people — but also led to concerns about reckless lending and borrowing.
F.D.A. Attaches Warning of Rare Nerve Syndrome to Johnson & Johnson Covid Vaccine
Federal regulators concluded that the risk of developing the syndrome was low, and that the benefits of the vaccine still strongly outweigh it.
For China’s Business Elites, Staying Out of Politics Is No Longer an Option
The fallout from Beijing’s crackdown on the ride-hailing app Didi has ensnared even those who made it a point to not mix business with politics.
High Hopes for Johnson & Johnson’s Covid Vaccine Have Fizzled in the U.S.
Production problems and a brief pause on its use kept the one-dose vaccine from becoming the game changer that health officials across the country believed it would be.
Covid-Sniffing Dogs Are Accurate, But Wide Use Faces Hurdles
Logistics, cost and official standards are needed for the dogs to fulfill their potential in medical fields.
German Parliament Backs ‘Milestone’ Gender Quota for Company Boards
The legislation requires many public companies in Germany to have at least one woman on the supervisory board.
How China’s Tencent Avoided an Antitrust Push, For Now.
Tencent’s popularity may help it avoid trouble with Beijing. But its vast power could still squelch innovation in the world’s largest online market.