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China asks Didi to delist from NYSE – Top Tech News

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China asks Didi to delist from NYSE

Didi Chuxing raises $13 billion in fresh round.

China’s tech regulator has asked country’s ride hailing giant Didi to eke out a plan to delist from American stock exchange (NYSE), according to media reports. China has cited fear of leaking sensitive data to the U.S. government and subsequently posing national security threat to the country. China’s latest pressure tactics on Didi is widely seen as communist country’s ongoing crackdown against big tech companies (Click here)


Uber to shut services in Belgium


In a big setback for ride-hailing giant Belgium, Uber will be soon preparing to shut down most of its services in Belgium following orders from local court. The U.S. based ride-hailing giant faced a similar fate in Brussel last year after Brussel’s local court objected to Uber drivers’ using smartphones and geolocation for hiring customers  (Click here)


Baidu kicks off its robotaxi business in China

Image Credits: Flickr smoothgroover22

Baidu has got official approval from the Chinese regulator to start its robotaxi business across parts of Beijing. This means that Baidu can now start charging fares from Beijing commuters. This is a major step forward for the Chinese tech company for building its driverless taxi business. (Click here)


Apple’s mixed reality headset will most likely be a standalone device


According to Mac Rumors and 9to5 Mac, Apple’s upcoming mixed reality headset will be completely a standalone device. This latest unconfirmed fact seeks to nullify previous rumors. Previous rumours claim that Apple’s mixed reality product will have to be wirelessly connected to other Apple devices like iPhone and iPad to handle most of its computing (Click here)


Russia is Investigating Netflix over Gay Content

Netflix is facing legal troubles in Russia. Russian authorities have accused the streaming giant of allowing to showing LGTB content to children around and below 16 years of age. Russian law allows the distribution of content related to non-traditional sexual relations to only those falling under the age group of 18 and above. If Netflix is found guilty then it will be fined millions of Russian Rubles (Click here).

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