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Following record Alibaba fine, China is not letting up on big tech

A record fine, public penitence from a tech giant and a 'who's who' of digital firms warned to "rectify" their ambitions within a month -- state regulators are showing no one is bigger than Beijing in Xi Jinping's China. E-commerce titan Alibaba absorbed the massive 2.78 billion dollar penalty from China's market watchdog last Saturday, after a...

20 hours ago