TikTok owner ByteDance to introduce new Instagram-like social media app in China

ByteDance, owner of global hit short video app TikTok and its Chinese version Douyin, is gearing up to launch a new social media platform designed for young users to share their lifestyle and hobbies, according to the tech unicorn’s latest corporate registration. The app called Kesong, which means croissant in Chinese, will provide its young […]

WhatsApp allow users to react with more Emojis | Business Insider India

Meta-owned messaging platform WhatsApp has announced that it is rolling out a new feature that will let users react to messages with any emoji of their choice. Advertisement Currently, the platform gives several users the ability to react with a limited number of just six emojis. “We are rolling out the ability to use any […]

China Calls Bitcoin Ponzi, But Its Banks Block The Money And Protests Jump Bullfrag

Chinese authorities yesterday violently dispersed a peaceful protest by hundreds of depositors seeking unsuccessfully to withdraw their money from banks. And bitcoin (BTC) is back on the scene with thousands of people on [Twitter] invoking the orange symbol that they consider capable of counteracting the effects of centralization and government decisions. Since April, savers in […]

Bitcoin Falls Against Surging US Dollar as APAC Traders Gauge China Covid Flare-Up

Bitcoin Falls Against Surging US Dollar as APAC Traders Gauge China Covid Flare-Up Bitcoin, BTC/USD, Treasury Curve, China, Covid, Technical Outlook – Talking Points – Bitcoin falls amid risk-off trading as traders gauge economic outlook – Covid cases rise in China, prompting restrictions in Shanghai, elsewhere – BTC/USD flirts with 20,000 level after prices fall […]

Dow Jones Futures: Market Rally Runs Into China Wall; Tesla, Twitter Tumble On This

Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally fell back from key resistance Monday amid inflation and recession concerns heading into key economic data, along with renewed China concerns. X The Nasdaq, which led last week’s gains on the major indexes, suffered the biggest […]

Twitter stock sinks as Musk mocks lawsuit threat – Times of India

After weeks of threats, Elon Musk on Friday pulled the plug on the deal, accusing Twitter of “misleading” statements about the number of fake accounts, according to a letter from his lawyers included in a US securities filing. NEW YORK: Twitter shares plunged Monday as Elon Musk issued a mocking, defiant commentary about a looming […]

Alibaba Stock Is Tumbling. Chinese Tech Has a New Headache.

Text size Alibaba stock and other Chinese tech shares were tumbling on Monday as amid fresh fines from market regulators over disclosure rules. China’s State Administration for Market Regulation announced Sunday a wave of penalties for improperly reporting past deals, in breach of competition law. Alibaba (ticker: BABA) and Tencent (0700.H.K.) were among the companies […]

Hong Kong Introduces Licensing for Crypto Platforms Through AML Law – Regulation Bitcoin News

New legislation tailored to regulate the Hong Kong crypto space aims to introduce a licensing system for crypto service providers. The relevant changes to the region’s anti-money laundering (AML) regulations have been brought to lawmakers while a recently released report examines relevant threats. Hong Kong lawmakers consider bill to align crypto sector with financial industry […]

Shanghai accelerates “Metaverse” layout and industrial empowerment becomes an important label_Application_Digital_Economic and Information Technology Commission

Following the inclusion of “Metaverse” in the “14th Five-Year Plan” industrial plan at the end of last year, Shanghai has once again made efforts to “Metaverse”. Recently, Shanghai has introduced a multi-field action plan for cultivating a new track for the “Metaverse”. Among them, in the field of “Metaverse”, according to Wu Jincheng, director of […]

Chinese Super League?Shandong Taishan 3:1 Dalian, Zhejiang 2:0 Guangzhou City_Shandong Linyi, 120 people infected in 3 days, most of them are students_Cressang_Game

Xinhua News Agency, Changsha, July 10 (Reporter Zhou Mian) In the 10th round of the Chinese Super League, two games were played on the 10th. Shandong Taishan defeated Dalian 3:1, and Zhejiang defeated Guangzhou City 2:0. After this round of competition, Shandong Taishan, who had played more than one round, ranked second in the standings, […]

TSM Stock: Taiwan Semiconductor Beats June-Quarter Sales Target

Chip foundry Taiwan Semiconductor Manufacturing (TSM) on Friday posted solid monthly sales to close out the second quarter. TSM stock rose after the report. X The company, known as TSMC, reported June figures in New Taiwan dollars, or NT. Sales were NT$175.9 billion, roughly equal to $5.95 billion in U.S. dollars. Revenue rose 18.5% year […]

Tesla Giga Shanghai in Plaid Mode: Thousands of Vehicles Ready to Ship

Photo: @bentv_sh /YouTube Production at Tesla Giga Shanghai is in Plaid mode. Having significantly increased production in June, the factory does not slow down. Now, thousands of vehicles have been spotted in the port of Shanghai, ready to ship. Tesla never ceases to amaze. During a very difficult Q2, when Giga Shanghai was experiencing serious […]

Chinese social media mocks Japan and celebrates Abe’s murder

By Harold Hutchison, DCNF Users of Chinese social media sites celebrated the fatal shooting of former Japanese Prime Minister Shinzo Abe on Friday, according to several reports. A Weibo message that says “Let the party begin!”after Abe’s death, he earned more than 150,000 likes in part of an hour, according to Bloomberg News, while the […]

India launches anti-Pakistan propaganda on social media – Pakistan Observer

India under Hindutva government led by Narendra Modi can go to any extent to malign Pakistan, and for this, the regime has hired a section of Indian electronic and print media as well a gang of social activists. Sources privy to the development informed Kashmir Media Service that right from frequent staged terrorist incidents in […]

Twitter battles India for control of social media content – News Bit

Twitter’s decision to reject Indian demands that it take down content and block accounts the government dislikes shows a tough new tack by social media giants that analysts say could set a precedent in the face of growing regulatory crackdowns. On Tuesday, the US social media platform asked an Indian court to overturn some of […]

China running fake social media campaign targeting US, Canada businesses

INTERNATIONAL DESK: With its strategy to distract the world away from its exploitation of Myanmar’s rare earth materials, Beijing is brazenly running a disinformation campaign against the US and Canada and targeting their businesses alleging they are environmentally irresponsible, according to analysts. Apparently, before 2008, the US was an important player in producing and supplying […]

Republican Lawmaker Requests TikTok To Testify Over US Data Accessed From China

[Authored by Hannah Ng via The Epoch Times] (emphasis ours), Sen. Marsha Blackburn (R-Tenn.) has requested tiktok appear before the Senate for a hearing over concerns that the China-based video-sharing app has access to U.S. data. The lawmaker together with eight colleagues, including Ted Cruz (R-Fla.) and Roy Blunt (R-Mo.), raised the issue with the […]

BBC News is no. 1 online news brand accessed daily in India, IPSOS

The latest study released by Ipsos has revealed that BBC News is the number one online news brand accessed daily in India and also the fastest growing online news brand. The research indicated: On mobile, BBC News is the number one international online news brand consumed in India. On television, BBC World News is one […]