Dow Jones Newswires: China approves new cybersecurity, algorithm rules to rein in tech sector


Source: financialpress.com financialpress.com

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By Yifan Wang China has passed two new rules regulating technology companies’ overseas activities and use of algorithms, marking the latest step by Beijing to rein in the country’s massive internet sector. The country’s top internet watchdog, the Cyberspace Administration of China, said Tuesday that it and several other authorities passed a revised version of the Cybersecurity Review Measure that will subject digital-platform operators with more than 1 million users to a cybersecurity review if they plan to list overseas. Get Breaking Stock Alerts The administration also passed a rule regulating how tech companies use recommendation algorithms. The measure forbids...