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China’s rulers want more control of big tech

China’s rulers want more control of big tech

Apr 8th 2021HONG KONGFacebookTwitterLinkedInWhatsAppEditor’s update: on April 10th Chinese authorities fined Alibaba 18.2bn yuan ($2.8bn) following an antitrust investigation. The firm is accused of pressuring retailers into offering their goods exclusively on its online store. It is the largest penalty ever handed down by the country’s regulators.CHINA’S TECH tycoons have not been themselves lately. In…

Breakingviews

Breakingviews

A GameStop store is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. REUTERS/Carlo AllegriNEW YORK (Reuters Breakingviews) – CLICKS AND BRICKS. GameStop, the $12 billion company buoyed by Reddit fans, plans to elect Chewy co-founder Ryan Cohen to chairman. He may help…