India Should Stop Regulatory Assault on Chinese Firms, China State Media Says

India should stop its “regulatory assault” on Chinese companies, state-backed Chinese newspaper Global Times said, after smartphone maker Xiaomi alleged threats of “physical violence” in Indian investigations. Reuters reported on Saturday that Xiaomi had told a court that its top executives faced threats and coercion during questioning by the Enforcement Directorate investigating illegal remittances. The […]

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Advocacy Group Calls for Kid-Friendly Regulatory Framework for Online Gaming

A policy advocacy group has sought a regulatory framework for skill-based online gaming to protect children and weed out unscrupulous offshore players.Chase India has released a paper highlighting the need for “unified” framework for the online skill-based games ecosystem. “A clear and sound national regulatory framework for skill-based online gaming will protect children, consumers, ensure […]

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Elon Musk Discloses 9.2 Percent Stake in Twitter in Regulatory Filing

Tesla CEO Elon Musk is taking a 9.2 percent stake in Twitter. Musk purchased approximately 73.5 million shares, according to a regulatory filing Monday. Musk’s stake in Twitter is considered a passive investment, which means Musk is a long-term investor that’s looking to minimise his buying and selling of the shares. However, Musk has been raising […]

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