Alibaba Group Holding Ltd’s subsidiary UC Web is slashing staff in India after a ban on 59 Chinese-origin mobile apps that includes UC Web’s browser and two other products, according to staff and a company letter seen by Reuters. India last month outlawed the apps following a skirmish between Indian and Chinese forces on a disputed stretch of Himalayan border in which 20 Indian soldiers were killed. It said the apps threatened India’s sovereignty and security and its tech minister described the ban as a “digital strike”. …read more
Source:: Yahoo Finance
