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.
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...
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.
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,...
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...
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...
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.
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...
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.
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...
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...
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...