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China orders Jack Ma's Ant to revamp business - Vimarsana News

China orders Jack Ma's Ant to revamp business

Ant will now be supervised more like a bank, a move with far-reaching implications for growth

Religious leaders in central Maine split on Mills' house of worship order - Vimarsana News

Religious leaders in central Maine split on Mills' house of worship order

Religious leaders in central Maine split on Mills’ house of worship order Under the governor's order, houses of worship may now accommodate five people per 1,000 square feet of space, or up to 50 people, whichever is greater. Share The Universalist Unitarian Church on Silver Street in Waterville has conducted its services virtually since the middle of March 2020. Morning Sentinel file Bishop Robert Deeley of the Roman Catholic Diocese of Portland objected Thursday to Gov. Janet Mills’ new executive order concerning gathering limits for churches, but Waterville-area religious leaders we...

Tencent super app WeChat celebrates a decade of influence in China's online world, but are its best years behind it? - Vimarsana News

Tencent super app WeChat celebrates a decade of influence in China's online world, but are its best years behind it?

WeChat has helped make Tencent the largest company in Asia and propelled its market capitalisation to US$800bil, the sixth biggest globally. While WeChat does not have to worry about foreign competition, it is facing a fierce fight from emerging domestic rivals like ByteDance. — SCMP Chen Channing, a 30-year-old legal professional in Shenzhen, cannot go a day without WeChat, the all purpose app developed by Chinese tech giant Tencent Holdings. Before he brushes his teeth in the morning, Chen checks for messages on the app. He uses the payment function to ride the subway to work and on the w...

China targets Jack Ma's Alibaba empire in monopoly probe - Vimarsana News

China targets Jack Ma's Alibaba empire in monopoly probe

The move by the Communist Party’s aims to crackdown on the billionaire's sprawling dominion, spanning everything from e-commerce to

China begins monopoly investigation into Jack Ma's Alibaba empire - Vimarsana News

China begins monopoly investigation into Jack Ma's Alibaba empire

SHARE China kicked off an investigation into alleged monopolistic practices at Alibaba and summoned affiliate Ant Group to a high-level meeting over financial regulations, escalating scrutiny over the twin pillars of billionaire Jack Ma’s internet empire. The State Administration for Market Regulation is investigating Alibaba, the top antitrust watchdog said in a statement. Regulators, including the central bank and banking watchdog, will separately summon affiliate Ant to a meeting intended to drive home increasingly stringent financial regulations, which now pose a threat to the growth of...