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Google, Facebook, and Twitter halt government data requests after new Hong Kong security law

The Verge

Google, Facebook, and Twitter are pausing the processing of data requests from the Hong Kong government as they review a new security law that went into effect on July 1st. Google put its pause into place as soon as the law took effect last Wednesday. “[W]hen

Law 102
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China drafts national law on labeling AI-generated content

TechNode

China’s main AI regulator, the Cyberspace Administration of China (CAC), is seeking public comment on a draft version of a new law looking to tackle AI-generated content labeling issues. Platforms will also be tasked with providing tools or services to carry out the clear labeling of such content.

China 52
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Extra Crunch roundup: China’s new data privacy law, fractional farming, debt vs. equity

TechCrunch

China’s first data privacy laws go into effect on November 1, 2021. “American firms doing business in China or with companies inside China will need to immediately start assessing how this new law will impact their activities,” he advises. What China’s new data privacy law means for US tech firms.

Law 96
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China fines Alibaba $2.8 billion after antitrust investigation

The Verge

China has hit Alibaba, one of the country’s biggest online retailers, with a record $2.8 billion yuan) fine, after an investigation found the ecommerce giant violated China’s anti-monopoly law, The New York Times reported. Photo by Fang Dongxu/VCG via Getty Images. billion (18.2

China 80
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China court blacklists cash-strapped apartment rental startup Danke

TechCrunch

As financial troubles escalate at Danke, China’s authorities are stepping in to hold the once-promising apartment rental and sharing company accountable. When the COVID-19 pandemic hit, China’s rental market cooled, putting stress on Danke’s funding vehicle. when it went public in January.

China 82
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As EU’s VAT reform ramps up, marketplaces must focus on compliance to avoid tax risk

TechCrunch

is co-founder and CEO at Taxdoo, an automated platform for financial compliance in e-commerce. Electronic interfaces, platforms and marketplaces form a key layer in the digital infrastructure behind e-commerce, serving as gatekeepers between consumers and producers of digital content or digitally sold products. Roger Gothmann.

Germany 92
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AI-powered supply chain visibility platform Altana bags $100M

TechCrunch

The platform draws on customs authorities, logistics providers and enterprises, creating a shared view of supply chain networks ostensibly without pooling or exposing sensitive data. from China, puts enormous risk on businesses shipping goods into the U.S. EU, as well as sanctions on Russia [and others],” Smith said.