What travelers need to know as airlines deal with lost, delayed bags

Tim Boyle | Getty Images News | Getty Images Air travel has been rocky this summer – and baggage problems factor among many other issues for travelers like flight cancellations and delays. Nearly 220,000 bags were “mishandled” by US airlines in April 2022, meaning they were lost, damaged, delayed or stolen, according to most recent … Read more

Chinese gaming stocks jump after Beijing approves new games

Since April 2022, Chinese regulators have begun approving video games again after a months-long freeze in signs Beijing’s crackdown on gaming is easing. Feature China | Future Publishing | Getty Images Shares of Chinese gaming companies rose Wednesday after regulators approved a slew of new games, a sign that some of the headwinds for the … Read more

China livestreamers need qualifications for certain topics: Regulators

Chinese regulators have been looking to clean up the country’s popular livestreaming industry. This includes rules around what online influencers can and can not say and the topics that are off limits. Costfoto | Future Publishing | Getty Images Online influencers in China must now have a qualification to talk about certain topics such as … Read more

What led to the baby formula shortage − how lawmakers are trying to prevent another

Parents across the US are still scrambling to find baby formula after a national product recall triggered empty store shelves, higher prices and retailers limiting sales of scarce products. “You get this sick feeling in the pit of your stomach because we had a can that had been recalled and it was empty, we had … Read more

Alibaba shares drop after Jack Ma’s Ant Group says no plan for IPO

Ant Group, founded by billionaire Jack Ma, scrapped its IPO in November 2020 after regulators flagged concerns with the company. Since then, the company has been ordered to rectify its business. Ant Group said that a revived IPO is not on the cards yet. Costfoto | Future Publishing | Getty Images Alibaba shares dropped 8% … Read more

Didi shares surge after report that regulators are ending probes

Budrul Chukrut | LightRocket | Getty Images Shares of Chinese ride-hailing giant Didi surged more than 50% in pre-market trade in the US on Monday after the Wall Street Journal reported that regulators are concluding investigations into the company. The WSJ report said authorities would lift a ban on Didi adding new users as early … Read more

UST debacle will ‘probably be the end’ of algorithmic stablecoins

Luna, the sister cryptocurrency of controversial stablecoin TerraUSD, dropped to $ 0. The collapse of the algorithmic stablecoin TerraUSD has raised question about the future survival of similar crypto assets. Dan Kitwood | Getty Images News | Getty Images Algorithmic stablecoins like terraUSD, which collapsed and sent shockwaves through the cryptocurrency market, are unlikely to … Read more

China and Europe are leading the push to regulate AI

A robot plays the piano at the Apsara Conference, a cloud computing and artificial intelligence conference, in China, on Oct. 19, 2021. While China revamps its rulebook for tech, the European Union is thrashing out its own regulatory framework to rein in AI but has yet to pass the finish line. Str | Afp | … Read more

China signals easing of tech crackdown but don’t expect policy U-turn

China has shown signs of easing its crackdown on the technology sector which has wiped billions of dollars of value from its most prominent companies. But analysts said Beijing’s recent positive rhetoric should not be mistaken for a reversal of policy. “I think the big tech companies will have a grace period for maybe the … Read more

Dept. of Education says owners of troubled schools responsible for costs to public

The US Department of Education in Washington, DC Caroline Brehman | CQ-Roll Call, Inc. | Getty Images The US Department of Education announced on Wednesday that it would take steps to hold the owners of certain private colleges that closed or defrauded students accountable for taxpayer losses. Companies that own these schools could be on … Read more