After a year-long probe into the company’s cybersecurity and data management, Chinese ride-hailing app Didi Global was fined $1.2 billion (8 billion yuan) by the country’s regulators. The clampdown is part of an ongoing regulatory sweep targeting the country’s big tech sector and aims to also root out corruption amongst its governmental bodies. The Cyberspace Administration of China (CAC) said in a statement released on July 21 that the firm was being fined for breaching the country’s cybersecurity, data security, and personal information protection laws. “The facts of violations of laws and regulations are clear, the evidence is conclusive, the...