China fines tech giant Alibaba for monopolising

In a monumental case this month, the Chinese multinational tech giant Alibaba has been fined a historic $2.8 million United States Dollars (roughly 18.2 billion Chinese Yuan) by the Chinese government. The tech giant has been penalized by the Chinese government for monopolizing and abusing its market dominance. Alibaba Group Holding Ltd. is part of… Continue reading China fines tech giant Alibaba for monopolising

ByteDance New York Stock Exchange listing revealed as false

News that the Chinese multinational internet technology company ByteDance was to be listed on the New York Stock Exchange (NYSE) caused a media frenzy last week. These claims have now however been debunked by a reputable source who told Reuters media company after a request for comment. As a result ByteDance is making global news… Continue reading ByteDance New York Stock Exchange listing revealed as false