China: Didi Fine Highlights Costs of Crossing Cyber Regulators

China's cyberspace regulator plans to fine top ride-hailing firm Didi Chuxing Technology Co. at least $1.28 billion (roughly 4.7% of Didi’s 2021 sales) for alleged data security breaches associated with the firm's June 30, 2021, listing on the New York Stock Exchange, The Wall Street Journal reported July 19....