Hints and tips:
...The group’s profits last year surpassed the $700mn of net income it generated in 2022 and $1.1bn in 2021, according to a financing document seen by the Financial Times....
...The iPhone maker said that the Cyberspace Administration of China had ordered the delisting of two Meta-owned apps because of “national security concerns”....
...Huang Wei, known online as “Viya”, had her account on Taobao taken down after being fined Rmb1.34bn ($210m) by the tax office of the city of Hangzhou on Monday for under-reporting income made from promoting...
...Increases in demand for streaming as a direct result of Covid could replace and exceed the revenues lost from other income sources as consumers seek in-home alternatives to out-of-home entertainment, the...
...Letter in response to this column: The screams of vendors go unheard in cyberspace / From Peter Kruger, Royston, Hertfordshire, UK...
...Professor Zhu Ning said the services will erode low-income jobs in cities, including street hawkers and supermarket salespersons....
...The keen jogger said it has been “remarkable to see in the five years I have been here . . . the community building up around running, as more Chinese have disposable time and income”....
...report published on Thursday, the Institute for Public Policy Research warned that without oversight, increasing automation could exacerbate inequality, eroding poorer workers’ wages while boosting the income...
...Alibaba reported a near doubling in net income to $2.07bn in the quarter to end-June, handily beating expectations....
...Alibaba reported a near doubling in net income to just over $2bn in its first fiscal quarter, beating analyst expectations as the boom in Chinese online shopping shows little sign of slowing....
...They allowed posts that were “violent, terrorist, false, rumour-spreading, obscene and pornographic”, according to the Cyberspace Administration of China....
...Mr Deputy Speaker, Today, income inequality is at its lowest level in 30 years. The top 1% are paying a larger share of income tax than at any time under the last Labour Government....
...Healthcare accounts for 20-30 per cent of the company’s search income, according to Barclays, while search revenues represented 84 per cent of the group’s total sales in 2015....
...In May, China’s Cyberspace Administration told Baidu to evaluate advertisers more carefully, and attach clear risk warnings to all paid search results....
...The antagonism between programmers and government goes back decades, with government arguably winning the battle for the mainstream, even if the fringes of cyberspace are more difficult to tame....
...When profits are earned, and financial transactions completed, in cyberspace, where is the territorial jurisdiction to which they are to be attributed?...
...He wants governments to provide a guaranteed income for the entire population and free (or low-cost) basic services and public infrastructure....
...Meanwhile, that which most connects the world — cyberspace — is turning into its battlefield of choice....
...In 2010, government spending took up 45% of national income....
...“A $300bn loss – and losses are probably in this range – would be four tenths of 1 per cent of global income.”...
...The US administration official expressed guarded optimism about some of the steps China was taking in terms of economic reform, citing recent statements and China’s plan to narrow its income gap....
...The ruling elite also protests that it acts as a restraint on the nationalist fervour in cyberspace....
...a lower rate than income from work.”...
...Lost somewhere in cyberspace, strapped for disposable income. brian.groom@ft.com...
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