Trending in China today: People in China are buzzing in regards to the Weibo ban, Wang Sicong’s response to an open letter by a Korean live-streaming host, plus the diminishment of the apple iphone in China.
Weibo bans movie uploads longer than 15 minutes
This can hurt Weibo’s business enterprise model thinking of video-related content material could be the mystery sauce of Weibo’s latest renaissance. The brand new procedures are merely one of a number of latest limits by the Chinese government on Chinese social media : Weibo. This news brings Weibo’s US inventory down by just about two percent.
Alibaba is killing Weibo !
Wang Sicong responded to the Korean live-streaming host’s open up letter
Following a live-streaming host accused Panda Tv set in an open up letter of failing to pay her just after signing a offer to host, Wang Sicong, the CEO from the web-site, made an official announcement saying they adopted the regular organization practice. He also mentioned her contract is above due to the fact she didn’t obtain the viewership she promised. Fueling the discussion is really a social media buzz, with Weibo reaction from the former Panda Tv staffer who claimed the host sued the corporate to get people’s empathy and make more money in China.
Is this the top of iPhone’s 10 years in China?
While people in China right now remain buzzing about whether or not the iphone 8 will consist of a fresh Wifi charging purpose, iphone is dropping floor in China. OPPO and Huawei have unveiled high-quality but decreased priced gadgets, now dominating the domestic market place.
Jack Ma: AI will bring about folks ‘more suffering than happiness’
Jack Ma’s idea?
AI will far more most likely do away with jobs and pressure growing old men and women to combat for less compensated positions. It could even be the catalyst for your third entire world war, according to Jack Ma, who spoke nowadays at an entrepreneurship meeting in China. He also recalled when, fifteen many years in the past, he warned standard retailers of the impression of e-commerce. Number of persons listened to him.
Management of the Content !
China is tightening its manage over net written content. Yesterday, the federal government reportedly instructed three web sites – Sina Weibo, iFeng, and ACFUN – to prevent streaming video and audio information that evidently have been “not in keeping with national audiovisual restrictions and propagating damaging speech,” in accordance with the Money Instances.
All 3 web-sites absence a license to stream content, China’s Point out Administration of Push, Publication, Radio, Film and television (SAPPRFT) says. The company earlier fined Tencent, which owns WeChat, for broadcasting political and social news with no appropriate license. Now, person people really have to implement for the license to stream.
Sina Weibo new streaming move !
The Financial Situations points out that Sina Weibo invested in a video streaming web-site last November and counts on live stream adverts to create income. However, it faces federal government scrutiny, just like other platforms operating in China. Earlier this thirty day period, at the very least 60 social media marketing accounts had been shut down for spreading “vulgar content” and “negatively impacting culture.”
Read also total Ads spending in China online !