The Communist Party has declared war on idol worship, part of a broader crackdown on what it sees as toxic celebrity culture that is poisoning the minds of the country’s youth.
Tag: Regulation and Deregulation of Industry
The Rise and Fall of the World’s Ride-Hailing Giant
Didi pushed the limits and thrived in legal gray areas. Until China cracked down.
Mexico Sues Gun Companies in U.S., Accusing Them of Fueling Violence
The government accuses gun makers and suppliers of knowingly flooding the market with firearms attractive to drug cartels.
Why Turkey’s Regulators Became Such a Problem for Google
The antitrust backlash against Big Tech is playing out in places not known as regulatory hotbeds.
China Moves Against Education Companies, Causing Shares to Plunge
Beijing’s latest regulatory move in the tech sector requires online tutoring firms to become nonprofit institutions.
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.