{"id":8637,"date":"2021-05-10T11:29:39","date_gmt":"2021-05-10T11:29:39","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=8637"},"modified":"2021-05-10T11:29:39","modified_gmt":"2021-05-10T11:29:39","slug":"beijing-slaps-edtech-unicorns-zuoyebang-yuanfudao-with-steep-fine-over-false-advertising","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=8637","title":{"rendered":"Beijing slaps edtech unicorns Zuoyebang, Yuanfudao with steep fine over false advertising"},"content":{"rendered":"<p>Source: South China Morning PostBeijing\u2019s market regulator has slapped education technology giants Zuoyebang and Yuanfudao the maximum penalty of 2.5 million yuan (US$388,591) each for false advertising and misleading marketing campaigns, as authorities tighten supervision of off-campus learning institutions.The State Administration for Market Regulation (SAMR) said in a notice posted online on Monday that both Zuoyebang, which is backed by Baidu and Alibaba Group Holding, and Tencent Holdings-funded Yuanfudao falsified\u2026<a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3132937\/beijing-slaps-edtech-unicorns-zuoyebang-yuanfudao-steep-fine-over\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: South China Morning PostBeijing\u2019s market regulator has slapped education technology giants Zuoyebang and Yuanfudao the maximum penalty of 2.5 million yuan (US$388,591) each for false advertising and misleading marketing&hellip; <\/p>\n","protected":false},"author":0,"featured_media":8638,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/8637"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8637"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/8637\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/8638"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8637"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}