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China’s new data security laws show the days of ‘wild west’ information grabbing are over for Big Tech

Summary:
[unable to retrieve full-text content]A new business reality is looming in China’s technology sector.As the central government builds a data regulation regime that restricts or bars companies from grabbing personal information, the days when a technology start-up – blessed by an innovative business model or a genius algorithm – could quickly build up a business empire are over.Beijing is slowly tightening its hold over Big Tech and imposing its authority over data produced in the country.The recent passing of the Data Security Law…

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[unable to retrieve full-text content]
A new business reality is looming in China’s technology sector.As the central government builds a data regulation regime that restricts or bars companies from grabbing personal information, the days when a technology start-up – blessed by an innovative business model or a genius algorithm – could quickly build up a business empire are over.Beijing is slowly tightening its hold over Big Tech and imposing its authority over data produced in the country.The recent passing of the Data Security Law…
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