back to article China ends crackdown on web giants with colossal fines for Ant Group, Tencent

China's crackdown on web giants Alibaba and Tencent appears to be over, with the two to pay a combined $1.4 billion in fines to atone for past sins as Beijing moves on to "normalized" supervision. Baidu's Ernie bot generative AI chatbot app Baidu boss says good luck talking AI to Beijing if you don't understand censorship …

  1. Sean o' bhaile na gleann

    "... announced a ¥7.123 billion ($984 million) fine for Alibaba's fintech operation, Ant Group, and ordered the closure of its health insurance service, Xianghubao. Tencent 'fessed up [PDF] to having received a notification of a ¥2.9 billion ($414 million) fine..."

    Memo to Ofcom, et al... "Learn, Guys".

    (with apologies to Messrs. Gaiman and Pratchett)

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