Weibo

Platform News: China's Weibo listing on the NYSE

Weibo chairman, state firm plan to take China’s Twitter private

Nasdaq-listed Weibo Corp’s chairman and a Chinese state investor plan to take China’s answer to Twitter private, sending its shares as much as 50% higher.

Ant Group

China’s Ant highlights distinction between NFTs and cryptocurrencies

China’s Ant Group has sought to draw a distinction between non-fungible tokens (NFTs) available on its platforms and cryptocurrencies currently subject to a crackdown by Beij...

Bitcoin China

China blocks several cryptocurrency-related social media accounts

A slew of crypto-related accounts in China’s Twitter-like Weibo platform were blocked over the weekend, as Beijing stepped up a crackdown on bitcoin trading and mining.

Platform News: Clubhouse audio and social media app

Chinese users flock to US chat app Clubhouse to evade local censors

Invite-only audio app Clubhouse is attracting masses of new users from mainland China, where the US app remains uncensored by authorities despite flourishing discussions on rights,...

Platform News: Alibaba online marketplace

Alibaba to shut down Xiami music app next month

Alibaba Group will shut its audio streaming platform Xiami Music following month, in a move that marks a step back from its ambitions to push into China’s entertainment indus...

Platform Industry: Apple logo on a window

In China, Apple’s 5G iPhone 12 sparks fever-pitch, but divided reaction

Apple’s iPhone 12 launch drew mixed responses in mainland China on Wednesday, with fans cheering a 5G version for their favourite brand while others planned to wait for upcom...

Platform News: China's Weibo listing on the NYSE

Sina to go private in $2.6 billion deal with CEO-led business

Sina Corp, the owner of social media platform Weibo, will be taken private in a $2.6 billion agreement with CEO Charles Chao, the Chinese internet business said on Monday.

Platform News: Alibaba online marketplace

China tech giant Alibaba dismisses its livestreaming head

Chinese e-commerce titan Alibaba Group has fired the head of its livestreaming division, on grounds of nepotism and accepting gifts, according to an internal memo announcing his te...

Platform Industry: Modi PM of India

Indian Prime Minister Modi closes his Weibo account

Sina Weibo said it has deleted Prime Minister Narendra Modi’s account at the request of the Indian embassy, as tensions between the two countries continue to simmer.

Platform News: China's Weibo listing on the NYSE

China punishes microblog platform Weibo for interfering with communication

China’s internet regulator has ordered the Sina Weibo social media platform to disable some of its features for a week, rare punishment for what it said was interference with...

Playstation

Sony suspends PlayStation Store in mainland China to upgrade security

Sony has suspended its PlayStation Store in China saying it wanted to improve the online store’s security, in a move that will temporarily prevent it from selling games in th...

Platform News: Apple logo on a retail store window

Apple doubles China donations for COVID-19 recovery efforts

Apple more than doubled its donation to China’s efforts to fight COVID-19 to over 50 million yuan ($7 million), CEO Tim Cook posted on Weibo on Wednesday, weeks after the iPh...