The data protection law follows anti-monopoly and other enforcement actions against companies including e-commerce giant Alibaba and games and social media operator Tencent.
Category Archives: business
Netflix insider trading suspect pleads guilty to scheme that netted $3 million, feds say
Junwoo Chon, of Bellevue, Washington, faces as long as 20 years behind bars.
Car buyers pay as chip shortage outlook dims
Carmakers hoped their chip shortage would end by fall. Now it, and higher prices, may stretch into 2022.
The shipping supply chain is stressed from Covid. That makes it ripe for hackers.
The global supply chain, where goods are shipped all over the world, is already stretched thin thanks to a year and a half of operating during a pandemic.
Proposed fines for unruly passengers top $1 million, FAA says
In a typical year, the FAA sees 100 to 150 formal cases of bad passenger behavior. Since January, the FAA has reported nearly 3,900 incidents.
Crypto traders who lost millions want 'justice and compensation.' Will they get either?
Traders are teaming up to take legal action against the crypto exchange, but they face an uphill battle.
Remote workers could face cuts to pay, visibility
Two-thirds of managers said employees who work remotely are easier to replace than people who show up at the office every day.
Afghanistan braces for even greater financial disaster
“It’s going to be hard until the situation stabilizes,” said one expert.
Historic food stamp increase can also boost economy
Every $1 spent on food stamps generates $1.67 in economic activity.
Extreme heat threatens outdoor workers
As extreme heat increases, so does the danger to outdoor workers and their earnings.