crackdown

FTC’s Crackdown on False ‘Made in USA’ Labels: Upholding Transparency in Consumer Choices

In a bid to preserve consumer trust, the Federal Trade Commission (FTC) is actively tackling deceptive "Made in USA" claims,…

2 years ago

U.S. officials order Nvidia to halt sales of top AI chips to China

Chip designer Nvidia Corp (NVDA.O) said on Wednesday that U.S. officials told it to stop exporting two top computing chips for artificial…

3 years ago

Exclusive: Tencent plans to divest Meituan stake worth $24 billion

China's Tencent Holdings (0700.HK) plans to sell all or a bulk of its $24 billion stake in food delivery firm Meituan (3690.HK) to placate…

3 years ago

Alibaba overhauls e-commerce businesses, names new CFO

Alibaba Group Holding Ltd (9988.HK) said it will reorganise its international and domestic e-commerce businesses and replace its CFO - changes that…

4 years ago

Valuations of Southeast Asian startups becoming ‘irrational’ -Golden Gate

Valuations of startups in Southeast Asia, home to popular online platforms such as Grab and Sea (SE.N), have become irrational due…

4 years ago

Blizzard-hit SoftBank launches buyback after $10 bln Vision Fund loss

SoftBank Group Corp (9984.T) slumped to a quarterly loss on Monday, as its Vision Fund unit took a $10 billion hit from…

4 years ago

Alibaba misses revenue estimates as e-commerce growth slows, regulatory crackdown persists

Aug 3 (Reuters) - China's Alibaba Group Holding Ltd (9988.HK), missed analyst estimates for first-quarter revenue on Tuesday, as its e-commerce…

4 years ago

China to remove 25 Didi apps from store as crackdown intensifies

BEIJING, July 9 (Reuters) - China's cyberspace administration on Friday said it would remove 25 mobile apps operated by Didi…

4 years ago