China Fines Didi $1.2 Billion as Tech Sector Pressures Persist
By: The New York Times Date: July 21, 2022 In slapping China’s ride-hailing giant, Didi Global, with a record $1.2 billion fine for data breaches, Beijing made clear to the country’s internet companies that their freewheeling days were over. The penalty imposed by China’s internet regulator on Didi, one of the country’s most valuable […]