The order is the latest in a series of crackdowns by Communist authorities who encourage internet use but are steadily tightening censorship and other controls on operators. Violators in earlier crackdowns have lost licenses or suffered other penalties that cut into revenue or depressed their company’s share price.
The industry ministry said 41 apps failed an examination following orders in July to ensure they comply with user data rules.
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FACEBOOK PLANS TO HIRE 10,000 IN EUROPE TO BUILD ‘METAVERSE'
Facebook said it plans to hire 10,000 workers in the European Union over the next five years to work on a new computing platform that promises to connect people virtually but could raise concerns about privacy and the social platform gaining more control over people’s online lives.
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TESLA HITS RECORD PROFIT DESPITE PARTS SHORTAGE, SHIP DELAYS
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NETFLIX POSTS HIGHER 3Q EARNINGS, SOLID SUBSCRIBER GROWTH
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Tencent Owns China, But It Wants The World
It’s up to the company’s president, Martin Lau (left, in his Hong Kong office), to help Tencent do what no other Chinese business has done: become a worldwide consumer-tech power.