Page 98 - அலிபாபா குழு வைத்திருத்தல் லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
China s crackdown puts at least 70 IPOs, billions in fees on ice | Banks News
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Microsoft : CVC buys $470 mln worth stake in media firm Aleph Holding
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CVC buys $470 mln worth stake in media firm Aleph Holding
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China targets Tencent Music: sources
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by Tyler Durden
Saturday, Jul 10, 2021 - 08:00 PM
China s unprecedented crackdown on its burgeoning (for now) tech industry just won t stop and overnight, China s Cyberspace Administration of China - the same entity responsible for the crackdown on Didi - proposed new rules that would require nearly all companies seeking to list in foreign countries to undergo a cybersecurity review, a move that would significantly tighten oversight over its internet giants.
tech platform companies that possess the personal data of at least 1 million users will have to apply for approval from the Cybersecurity Review Office, a group backed by 12 powerful Chinese ministries, if they plan an IPO in a foreign market according to a draft of the updated version of Beijing’s Measures for Cybersecurity Review published on Saturday, which is open for feedback until July 25.