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Health Giant Cigna Improperly Rejects Thousands of Patient Claims, Lawsuit Alleges

Health insurance firm Cigna rejected hundreds of thousands of patient claims automatically using a computer algorithm. ....

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Moscow-based Cybersecurity Firm Claims It Found Malware in Pinduoduo App

Moscow-based Kaspersky Lab claim to have found potential malware in the Chinese shopping app Pinduoduo. ....

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Pinduoduo 'Silently' Launches US Online Shopping Site Temu to Battle With Amazon; Experts Fear Worse Labor Practice

Pinduoduo's shopping site in the US went online as part of its expansion in abroad. Pinduoduo, a China-based e-commerce company, has recently established a new online shopping website overseas. ....

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China Increases Pressure on Tech Giants Through Regulators

HEADLINES & GLOBAL NEWS
By
Mar 16, 2021 10:35 AM EDT
Regulators concerned about China s rising power are increasing their pressure on the country s tech giants. By Monday, Tencent s stock cap had fallen by more than $60 billion as investors worried about heightened regulatory oversight. According to media outlets, Alibaba, a rival tech company, could be forced to divest some of its media holdings due to the crackdown.
China tech giants under pressure on greater regulator scrutiny
(Photo : Zhong Zhi/Getty Images for CNBC International)
NANSHA, CHINA - NOVEMBER 18: Greg Geng, Vince President of Tencent s WeChat Business Group speaks with Qian Chen, reporter of CNBC during the fireside chat on Day 1 of CNBC East Tech West at LN Garden Hotel Nansha Guangzhou on November 18, 2019 in Nansha, Guangzhou, China. ....

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Nasdaq-listed Chinese electric scooter firm Niu Technologies jumps 16% after sales bump

In the fourth quarter of 2020, Niu Technologies sold 149,705 e-scooters, growing 40.9% year-over-year. ....

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