data security Archives

TikTok Moves US User Data to Oracle Servers

TikTok, a short video streaming platform owned by Beijing-based tech giant ByteDance, has completed migrating information on its US users to servers at Oracle Corporation, in a move that could address US regulatory concerns over data integrity.

China’s FAW Denies Takeover of Didi

China FAW Group is reportedly considering acquiring a significant amount of shares in ride-hailing giant Didi. FAW has responded to domestic media, stating: "It's not true."

Autonomous Driving Startup TuSimple Explores Sale of China Unit

Autonomous driving startup TuSimple is looking to sell its business in China and focus on the U.S. market, after the startup reached an agreement with the U.S. government to restrict the China unit's access to data.

IDC Releases Top Ten Forecasts for China’s Smart Cities in 2022

IDC released their top ten forecasts for China's smart cities in 2022 on Thursday.

Jidun Technology Completes Pre-A Round of Financing Worth Tens of Millions of Yuan from IDG Capital

Chinese network security company Jidun Technology recently completed Pre-A financing worth tens of millions of yuan IDG Capital as the main investor.

Data Security Company Hongtu Tech Completes Pre-A Round of Financing Worth Millions

Hongtu Tech recently announced its completion of a Pre-A round financing worth of tens of millions of yuan. The leading investor was Yuan Partners with Weicun Zhike and existing shareholder Sequoia China Seed Fund as co-investors.

Chinese Regulators Seek to Soothe Nervous Markets as Domestic Firms Delist in U.S.

Reports that Chinese regulators are pushing for so-called variable interest entities to drop their listings in the United States are a “complete misreading and misinterpretation” of the regulations, the CSRC said in a statement on Sunday.

Data Security Enterprise Quanzhi Tech Bags Hundreds of Millions of Yuan in Financing

Quanzhi Tech, a Hangzhou-based data security company, announced on Friday that it had completed a B round of financing in which it secured several hundred million yuan.

Shanghai Data Exchange Established, Addresses Data Confirmation Rights, Pricing, Mutual Trust

On Thursday, the opening ceremony of the Shanghai Data Exchange and the Global Data Ecosystem Conference 2021 were held in Shanghai.

Tesla Decides Not to Apply Starlink Internet Services in Chinese Mainland

All vehicles and charging stations across the domestic market will apply network services provided by Chinese telecom operators, and all relevant data will be kept in China.

Ministry of Industry and Information Technology Removes 96 Apps Infringing on User Rights and Interests

A notice was issued by the Ministry of Industry and Information Technology today, saying that the 96 apps that had failed to complete the necessary platform fixes within the required time limit were removed from app stores.

Huawei Joins Global Internet Security Network MANRS

Huawei officially became a founding member of the Equipment Vendor Program (EVP) in the Mutually Agreed Norms for Routing Security (MANRS) on Friday, aiming to boost global Internet security.

Tencent’s WeChat App Now Allows Access to Rivals’ Links

Tencent's popular messaging app Wechat will start allowing users to access external links from Friday, days after regulators told the company and its rivals to end a long-standing practice of blocking each other's links.

China’s Critical Data Rules Not Aimed at Firms Planning Foreign IPOs: National Network Information Office

Deputy director of the National Network Information Office told attendees at a press conference that China's forthcoming rules for protecting critical information infrastructure are not aimed at firms planning overseas listings.

Chinese Government Issues New Regulation on Automobile Data Security, Requiring Enterprises to Not Collect Data by Default

The Cyberspace Administration of China (CAC) and other departments recently published a document entitled "Several Provisions on Management of Automobile Data Security (Trial)," which will take effect on October 1, 2021.

“Traitor” and “Evil Capitalist” Allegations Fuel a Perfect Storm for Didi

Besides heightened regulatory pressure from authorities, an increasingly shrill blend of nationalist and anti-capitalist sentiment among Chinese netizens has also acted as a catalyst for Didi’s turmoil, creating an unprecedented scenario on social media.

BOSS Zhipin and Huochebang to Undergo Security Review, User Registration Suspended

On July 5th, the Chinese government issued an announcement on launching a network security review for Yunmanman, Huochebang and BOSS Zhipin.

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