Apple said Monday it was temporarily shutting its retail stores in New York City due to a surge of Covid-19 cases. At least 16 locations, including stores at Grand Central, World Trade Center and Fifth Avenue will only offer pickup for online orders, according to Apple’s website. The iPhone maker has closed dozens of locations this month in other parts of the country, including in Ohio,...
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Opinion Asia Policy
China’s Tech Crackdown Is a Geopolitical Play
It hardly bears repeating that 2021 was a rough year for China’s platform companies. The firehose of new regulations and rolling crackdowns on everything from data security to overseas listings cost Chinese shares—including those of Didi, Meituan, Pinduoduo, JD.com, Tencent, and ByteDance—42% of their cumulative value in the U.S. and Hong Kong. Not so long ago, China held up...
China Plans to Require Big Internet Firms to Gain Approvals for Deals
Beijing Olympics Covid-Tracker App Has Security Flaws
NFT Gaming Company Animoca Brands Raised $360 Million at $5 Billion Valuation
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