The prospect of a retreat from Hong Kong was floated in a letter released publicly this week by the Asia Internet Coalition (AIC), a Singapore-based association that counts Facebook (FB), Twitter (TWTR) and Google (GOOGL) as members. The memo, which is dated June 25 and sent by the group to Hong Kong’s privacy commissioner for personal data, Ada Chung Lai-ling, pushes back on a recently introduced bill that seeks to crack down on doxxing. The practice refers to the sharing of private… Source link
Read More »Hong Kong dismisses Google, Facebook warning over privacy laws | China News
Carrie Lam, the chief executive of Hong Kong, has brushed off a warning by major tech companies including Google, Facebook and Twitter that they may quit the Chinese-controlled city if authorities go ahead with plans to change privacy laws. Lam told reporters on Tuesday that the proposed changes would only target illegal “doxxing” – the act of sharing people’s private details online without their consent. That practice came under scrutiny in Hong Kong during the anti-government… Source link
Read More »Google, Facebook and other tech companies threaten to quit Hong Kong over privacy law | Hong Kong
An Asian industry group that includes Google, Facebook and Twitter has warned that tech companies could stop offering their services in Hong Kong if the Chinese territory proceeds with plans to change privacy laws. The warning came in a letter sent by the Asia Internet Coalition, of which all three companies, in addition to Apple Inc, LinkedIn and others, are members. Proposed amendments to privacy laws in Hong Kong could see individuals hit with “severe sanctions”, said the 25 June letter… Source link
Read More »Anti-Doxxing Law Could Force Tech Giants Including Amazon, Google From Hong Kong, Industry Group Warns
Topline Proposed anti-doxxing laws could soon make Hong Kong an unsustainable place to do business, warned an industry group representing some of the world’s largest tech companies—including Amazon, Apple, Google, and Facebook—in the latest sign of growing dissatisfaction as Beijing tightens its hold on the city. Hong Kong’s anti-doxxing law has been criticized as overly restrictive. getty Key Facts In a letter to Hong Kong’s data protection commissioner seen by… Source link
Read More »Facebook, Google, Twitter say could quit Hong Kong over proposed data laws- WSJ
A general view of the central financial district, in Hong Kong, China March 11, 2021. REUTERS/Tyrone Siu/File Photo July 5 (Reuters) – U.S. tech giants Facebook Inc (FB.O), Alphabet Inc’s (GOOGL.O) Google and Twitter Inc (TWTR.N) have privately warned the Hong Kong government that they could stop offering their services in the city if authorities proceed with planned changes to data-protection laws, the Wall Street Journal reported on Monday, citing a letter. The laws could make the tech… Source link
Read More »Hong Kong to Shorten Quarantine; CureVac’s Plunge: Virus Update
(Bloomberg) — CureVac NV lost more than half its value in German trading after a preliminary analysis of a large study found its vaccine fell short of the high efficacy bar set by other messenger RNA shots. Hong Kong is planning to shorten quarantine periods for fully vaccinated travelers from most places to seven days from as much as 21 days, so long as they pass an antibody test. Moderna Inc. said the U.S. government exercised an option to buy 200 million more doses of its vaccine, bringing… Source link
Read More »Alibaba-backed Bilibili closes down in Hong Kong trading debut
By Scott Murdoch and Donny Kwok HONG KONG (Reuters) – Bilibili Inc, which is backed by Alibaba Group, closed 1% below its listing price in its Hong Kong trading debut on Monday as analysts said a U.S. regulatory crackdown on listed foreign firms hit enthusiasm for the Chinese online video site. It was the worst start in the city in six months by a major stock listing. Bilibili debuted 2.2% lower, and trade down by 6.7% before it recovered to close at HK$800 a piece. The company raised HK$20.2… Source link
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