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☆ Baidu's PR boss, who threatened to destroy workers' careers, has reportedly left the company
▼ + stars: | 2024-05-09 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Qu Jing, executive at the Chinese firm, posted several videos online encouraging extreme work. In one video, she claimed she could destroy the careers of employees who failed to comply. In one video, reported by the FT, the Baidu PR executive said she expected employees to be prepared to travel for 50 consecutive days of business with her. In a post on WeChat, Baidu PR lead Qu acknowledged the criticism leveled at her, writing: "I deeply reflect on and humbly accept them." The system expected workers to put in toil from 9 a.m. to 9 p.m., six days a week.

Persons: Qu Jing, —, Qu, Jack Ma —, Elon Musk Organizations: Service, Baidu, FT, Weibo, Twitter, Economic, CNN Locations: Beijing, China

☆ Opinion: The dangers in leaving TikTok at Beijing’s disposal
▼ + stars: | 2024-03-14 | by ( Opinion Frida Ghitis | ) edition.cnn.com time to read: +8 min

CNN —For many of the 170 million TikTok users in the United States, Wednesday’s vote in the House of Representatives to effectively ban the social media platform is worrisome. That’s just one reason why it’s laughable to hear China’s foreign ministry claim that the TikTok bill would disrupt market operations and undermine investor confidence. Most of the world’s most popular social media apps, incidentally, are banned in China unless they — or their user data — are locally based and thus easily overseen by the government. She has had multiple meetings with legislators and has spoken with Trump about protecting TikTok, according to the Washington Post. The government needs to develop oversight rules for all social media.

Persons: Frida Ghitis, Donald Trump, TikTok, Shou Chew, “, Jack Ma —, Xiao Jianhua, National Intelligence Avril Haines, Trump, ” Trump, ”, Jeff Yass, Kellyanne Conway, Meta’s Mark Zuckerberg Organizations: CNN, Washington Post, Politics, ByteDance, Frida Ghitis CNN, Pew Research, Facebook, Oracle, National Intelligence, Rutgers University, Air Force One, Microsoft, Trump, Citizens United Locations: United States, Washington, Russia, TikTok, Beijing, That’s, China, Israel, Tibet, Hong Kong, USSR

Taipei/London CNN —China’s top financial regulators have fined Ant Group — the fintech firm founded by billionaire Jack Ma — about 7.1 billion yuan ($994 million) for breaking rules related to consumer protection and corporate governance. “We will comply with the terms of the penalty in all earnestness and sincerity and continue to further enhance our compliance governance,” Ant Group said in a statement. Ant Group is an affiliate of e-commerce giant Alibaba, which was also founded by Ma. In April 2021, Alibaba was fined 18.2 billion yuan ($2.5 billion) — a record for China — for behaving like a monopoly. Separately, China’s financial regulators also announced a fine of nearly 3 billion yuan ($415 million) for Tenpay, Tencent’s (TCEHY) online payment platform, according to information posted on the PBOC website on Friday.

Persons: London CNN —, Jack Ma —, Alibaba, Guo Shuqing, Ma Organizations: London CNN, Ant, China Securities Regulatory Commission, People’s Bank of China, National Financial Regulatory Administration, Ma, Communist Party, China, People’s Bank of, Xinhua, Ant Group Locations: Taipei, London, China, People’s Bank of China

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