China Cybersecurity Regulator CAC Fines Didi $1.19B for Data Security Law Violations

Didi has responded to the fine penalty. The company said in an online statement that it accepts the regulator’s decision. The Cyberspace Administration of China (CAC) has fined Chinese transport compa...

$1.19B Deficit Hole Listed on Balance Sheet: Celsius Network

A $1.19 billion deficit was listed on Celsius Network’s balance sheet in a court filing on Thursday. “The amount of digital assets on [Celsius’s] platform grew faster than the company was prepar...