REGULATORY CRACKDOWN

China looks to limit children to two hours a day on their phones

Shares in IT companies fell on Wednesday after China's internet regulator recommended that minors under the age of 18 limit their smartphone use to no more than two hours a day. The Cyberspace Administration of China (CAC) stated that it wanted smart device manufacturers to implement so-called minor mode programmes that would prevent users under the age of 18 from using mobile devices to access the internet between the hours of 10 p.m. and 6 a.m.