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These Tech Giants Will Take The Brunt Of China's Antimonopoly Rules, As Per Morgan Stanley
Thursday, November 12, 2020 - 3:37am | 825Read More...China’s State Administration for Market Regulation (SAMR) has drafted new antimonopoly rules for the internet sector, aiming to protect fair competition and safeguard consumers’ interest. SAMR is seeking public feedback on the draft rules until Nov. 30, CNBC reports....
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China Was An 'Alluring Trap' For Uber
Tuesday, August 9, 2016 - 8:18am | 373Read More...It's very hard to find many success stories involving U.S. tech companies finding success in China. Alphabet Inc (NASDAQ: GOOG) and Google closed its search engine and left the country in 2010, Apple Inc. (NASDAQ: AAPL) is getting killed, and Facebook Inc (NASDAQ: FB) hasn't been given...
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Baidu Receives Non-Binding Proposal To Acquire Qiyi.com, Shares Gain 4%
Friday, February 12, 2016 - 9:57am | 146Read More...Shares of Baidu Inc (ADR) (NASDAQ: BIDU) were trading higher by more than 4 percent early Friday morning after the company received a non-binding offer to fully acquire Qiyi.com. Baidu already owns approximately 80 percent Qiyi, a China-based internet video site. Qiyi approached Baidu and...
