Taiwan is investigating Bitmain for poaching chip engineers. Major crypto exchanges’ Weibo accounts go dark. Binance and Huobi face regulatory headwinds.
Weibo said it made the decision to block all but approved sites because the service is heavily abused by scammers and illegal sites.
Chinese search engine Baidu Search and social media platform Weibo were blocked by internet service providers and removed from app stores in India.
Deeper integration with e-commerce sites will provide a boost for Weibo, a content platform launched in 2009, to compete with social commerce players.
The launch comes during rival Xiaohongshu’s suspension from major app stores amid user backlash.
The app’s logo bears remarkable resemblance to one created by a South Korean design studio.
Weibo’s clampdown coincides with renewed scrutiny from Shanghai regulators.
The additional fees to watch advance episodes of ‘Qingyunian’ were the second most-discussed topic on Weibo.
The Chinese microblogging site previously rolled out a series of features to fight against cyber bullies and trolls but saw little effect.
Users criticize Weibo for blindly imitating WeChat in making content less permanent.