China has fined ride-hailing giant Didi Global 8.026 billion yuan ($1.2 billion) following a year-long probe into the company’s data-collecting practices, the Cyberspace Administration of China (CAC) announced on Thursday.
According to the CAC statement published on its official website, the regulator concluded that Didi had violated Chinese laws governing network security, data security, and personal information protection by illegally collecting information on the users of its ride-hailing app over a seven-year period starting in June 2015. It was also concluded that the company’s data-processing activities had jeopardized national security.
The CAC also fined two Didi executives, founder and Chief Executive Cheng Wei and President Jean Liu, 1 million yuan each (around $150,000), having found them responsible for the violations.
In an online statement on its Weibo account, Didi said it had accepted the CAC decision.
Former US President Donald Trump paid the $9,000 fine for violating a gag order imposed…
Russian forces are steadily advancing in the Ukraine conflict, the US Director of National Intelligence,…
An out-of-control ice cream truck rolled down a slope and crashed into a group of…
He was a staunch supporter of the anti-Bolshevik White Movement during the Russian Civil War…
Ukraine needs to defeat Russia on the battlefield in order to be admitted to NATO,…
Russia has carried out a strike on the Ukrainian military headquarters commanding troops in the southern…