China summons 11 technology giants
- Date: 18-Mar-2021
- Source: Kuwait Times
- Sector:Technology
- Country:Middle East
China summons 11 technology giants
BEIJING: Chinese authorities yesterday said they had summoned 11 tech companies including Tencent, Alibaba and TikTok owner ByteDance for talks on "deep fakes“ and internet security, as regulators try to reel in the country's runaway digital sector. The Cyberspace Administration of China (CAC) said talks concerned "voice software that has yet to undergo safety assessment procedures“, as well as the application of "deep fake“ technology.
It also said companies should report to the government plans to add new functions that "have the ability to mobilize society“. China has in recent months taken a tough line on the country's fast-growing tech firms, with 12 companies hit with fines last week for allegedly flouting monopoly rules. Authorities last year halted a record $34 billion initial public offering by Alibaba fintech subsidiary Ant Group.
They called in its billionaire founder Jack Ma and then opened an investigation into Alibaba business practices deemed anti-competitive. The latest summoning of big tech also involves companies such as smartphone maker Xiaomi, TikTok rival Kuaishou, and music streaming service NetEase Cloud Music, the CAC said. The aim is to ensure they comply with regulations, carry out safety assessments, and take "effective rectification measures“ if potential hazards are found.
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