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High Court dismisses Facebook, WhatsApp pleas against CCI order to investigate privacy policy Updated: Updated: April 22, 2021 11:28 IST WhatsApp had contended that since the issue of its privacy policy was before the Supreme Court, the Competition Commission of India did not need to order the probe. Share Article AAA WhatsApp had contended that since the issue of its privacy policy was before the Supreme Court, the Competition Commission of India did not need to order the probe. The Delhi High Court on Thursday dismissed plea of instant messaging app WhatsApp challenging a decision of the C...

Competition regulator looks into antitrust claims against Google Pay Photo: Ramesh Pathania/MintPremium 3 min read Share Via Read Full Story BENGALURU : The Competition Commission of India (CCI) has started an investigation to check whether Google Pay (GPay) has abused its dominance of India’s digital payments market, executives at three payment firms aware of the discussions said. The market watchdog is holding face-to-face interviews with rival payment firms, including PhonePe and Paytm Payments Bank, as part of the probe, the executives said seeking anonymity. TRENDING STORIESSee All 2 m...

Alibaba Founder- Jack Ma Chinese billionaire and Alibaba Group founder Jack Ma’s disappearance speculations arose as he reportedly did not appear on his own show since October. Recently Communist China had halted Ant Group Co.’s $35 billion share sale in Shanghai and Hong Kong after Alibaba Group Co-founder Jack Ma had called out the Chinese government over the financial system. The Chinese government has cited “major issues” for suspending the world’s largest IPO debut. As speculation mounted over the whereabouts of the Chinese tycoon, another stunning news has started surfacing t...

Alibaba plans $5-b bond this month amid regulatory scrutiny, say sources Reuters Hong Kong | Updated on January 06, 2021 Details of the offering would likely be out next week China’s Alibaba Group Holding Ltd plans to raise at least $5 billion through the sale of a US dollar-denominated bond this month, four people with knowledge of the matter said, amid regulatory scrutiny of co-founder Jack Ma’s empire. Depending on investor response, proceeds could reach $8 billion which the e-commerce leader is likely to use for general corporate expenditure, one of the people said. The fund-raising w...

news Asia-Pacific Shares Mostly Higher; China Launches Anti-Trust Probe into AlibabaChina’s State Administration for Market Regulation said it has opened an investigation into Alibaba over monopolistic practices. Dec 24, 2020 01:35 PM GMT The major Asia Pacific stock indexes finished mostly higher on Thursday with China’s Shanghai Index losing ground in reaction to the news that Chinese regulators will probe tech-giant Alibaba for suspected monopolistic behavior. According to reports, China’s State Administration for Market Regulation said through official online channels it has opened ...