News Snapshot:
HONG KONG (AP) — Chinese regulators have clamped down on the country’s largest ride-hailing app, Didi Global Inc. , days after its shares began trading in New York . Authorities told Didi to stop new registrations and ordered its app removed from China’s app stores pending a cybersecurity review. The government said it was acting to prevent security risks and protect the public interest. Didi is the latest company to face intensified scrutiny in a crackdown on some of China’s biggest technology giants. WHAT IS DIDI? China’s Didi Global Inc. is one of the world’s largest ride-hailing apps. Three-quarters of...
