Cheetah Mobile reported Q4 revenue down by more than half after being cut off from major mobile platforms. The real question is why it didn’t happen before.
With Facebook announcing Libra, some central banks, including China’s, have felt the pressure to start exploring the possibility of having a sovereign digital fiat.
The game publisher was rebuked for “damaging national security and public interests.”
The new digital fiat currency could be used on Alipay and WeChat Pay.
Chinese app makers are using innovations to leave behind their copycat reputation
CCTV called crypto 2020’s best asset on the same day that a police official said crypto is responsible for $145.5 trillion in illegal outflows.
Technology companies tend to list with a dual-class share structure, with founders and management granted greater voting rights.
The proposal to allow companies to own shares with greater voting rights is aimed at luring more Chinese tech companies to list in Hong Kong, rather than the US.
This is the second WeChat bug in two weeks in Tencent’s social media app.
Using Bytedance as a lens, Matt and John embark on a wide-ranging discussion about China tech in 2019.