Jul 22, 2022 08:19 PM

Tech Insider: Didi Cops $1.2 Billion Fine, Videogame Sector Slumps

Baidu’s Apollo RT6 Level 4 autonomous robotaxi with detachable steering wheel. Photo: Baidu

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.

Cyberspace watchdog fines Didi $1.2 billion for violating data security laws

The Cyberspace Administration of China (CAC) will fine Didi Global Inc. 8 billion yuan ($1.2 billion) for breaking national security and personal information protection laws, according to an official statement published on Thursday.

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