Tencent Barred From Releasing New Apps Over Data Breaches

China’s social media giant Tencent Holdings was suspended from releasing new mobile applications and updating existing ones without regulators’ approval after allegations that several of its products violated consumer interests.
The order is part of “temporary administrative guidance” against Tencent as regulators ramp up scrutiny of the country’s internet sector, state media reported Wednesday. The Ministry of Industry and Information Technology (MIIT) told app stores and platforms to carry out the order immediately.
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