Home Tech In latest tech crackdown, China plans severe algorithm restrictions – TechCrunch

In latest tech crackdown, China plans severe algorithm restrictions – TechCrunch

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Hello and welcome to the Daily Crunch on Friday, August 27th, 2021. What a week! Over the last 24 hours, there has been big news from around the world, including the promotion of China’s latest regulations, Apple’s small concessions on the App Store, and of course the abundance of startup news.

Oh, and Canva CEO Melanie Perkins confused.. — — Alex

TechCrunch Top 3

  • China cracking down on algorithms: Promotions to more tightly regulate and control China’s domestic technology market continued on Friday, with government agencies issuing a series of draft rules for the algorithm. The new rules came about when China was trying to limit corporate data collection and more. Of course, the irony is dead.
  • Companies can’t get enough startup equity: This is our takeaway from delving into recent record results from the corporate…

Click here for full article…californianewstimes.com