Alibaba Group

Bill seeks to bring order to the internet

In an effort to protect users from the proliferation of online scams and general crime on the internet, the Ministry of Digital Governance is in the final stages of drafting a law, which will be put out for public consultation in the near future, with rules and control procedures governing online communications, information and transactions. 

Ant Group announces share buyback after crackdown

Chinese fintech giant Ant Group has announced a share buyback plan to allow some investors to offload or reduce their stakes after the government slapped the firm with a $1 billion fine for alleged "illegal acts".

Ant operates Alipay, the world's largest digital payments platform, which boasts hundreds of millions of monthly users in China and beyond.

Innowave Summit 2019 Gathers Apple, Facebook, Google, Amazon, eBay and more in Varna

The 2019 Innowave Summit will take place in Varna on October 18 and 19 at the Palace of Culture and Sports. The large-scale conference will bring together global brands such as Apple, Facebook, Google, Amazon, eBay, Trip Advisor, Booking, CNN, Alibaba.com in Bulgaria's maritime capital, as well as venture capital funds from 3 continents, with an investment portfolio of over $ 100 million .

The EU Allocates € 100 Billion to the European Future Fund to Boost the European Business

The European Union is setting up a € 100 billion fund to invest in strategic industries where the community lags behind its global competitors. This is written by the British Financial Times, which has managed to get acquainted with the relevant EU documents.

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