Posts filtered by tags: WeChat[x]


Messaging social network IRL hits unicorn status with SoftBank-led $170M Series C

Social calendar app IRL has been busy building a messaging-based social network, or what founder and CEO Abraham Shafi calls a “WeChat of the West.” Following its pandemic-fueled growth and further push into the social networking space with group chat and other features, IRL is today announcing a sizable $170 million Series C growth round, led by SoftBank’s Vision Fund 2. The fundraise also mints IRL as a new unicorn with a $1.17 billion valuation. Besides SoftBank, new investor Dragoneer also p...
Tags: Social, Startups, TC, Facebook, Apps, Instagram, Social Networks, California, Softbank, Funding, San Francisco, Tech, United States, WeChat, Twitch, Social Network

Chinese Authorities Arrest Over 1,100 People in Crypto Crime Crackdown

Chinese authorities are upping their crackdown on all things crypto by arresting more than 1,100 people suspected of using these digital tokens for money laundering. The news comes courtesy of a Wednesday Wechat post from China’s Ministry of Public Security, which oversees law enforcement throughout the country. Read more...
Tags: Science, Crime, China, Fraud, Software, Bitcoin, Xi Jinping, WeChat, Cryptocurrencies, Blockchains, Money Laundering, Digital Currencies, Ministry of Public Security, Bitcoin Network, Payment Systems

Biden Order Declares TikTok Not Quite a Threat to National Security, Yet

The Biden administration passed an executive order on Wednesday that seeks to create a “criteria-based” framework for establishing whether foreign-owned apps present national security risks or not. In so doing, the regulation overturned three executive orders previously signed by former President Trump that took a…Read more...
Tags: Science, Joe Biden, Software, WeChat, Biden, Donald Trump, Huawei, Wall Street Journal, Trump, Mobile Applications, Video Software, Music Software, Tiktok, Biden Family, Application Software, Donald Trumptiktok Controversy

Biden is throwing out Trump-era bans on TikTok and WeChat after the former administration fought hard to prohibit the apps over national-security concerns

TikTok users in the US have been reacting to the news of a potential ban of the popular app for months. Photo Illustration by Andrea Ronchini/NurPhoto via Getty Images President Biden signed an executive order rescinding a ban on TikTok and WeChat. Trump signed executive actions last year targeting the apps, whose parent companies are in China. Biden directed the commerce secretary to investigate apps with ties to foreign adversaries. See more stories on Insider's business page. Presid...
Tags: Hong Kong, Politics, News, Microsoft, White House, China, US, Trends, Joe Biden, Getty Images, Commerce, New York Times, Larry Ellison, WeChat, Associated Press, Oklahoma

President Biden is throwing out Trump-era bans on TikTok and WeChat after the former administration fought hard to prohibit the apps over national security concerns

TikTok users in the US have been reacting to the news of a potential ban of the popular app for months. Photo Illustration by Andrea Ronchini/NurPhoto via Getty Images President Biden signed an executive order rescinding a ban on TikTok and WeChat. Trump signed a series of executive actions last year targeting the apps, whose parent companies are in China. Biden directed the commerce secretary to investigate apps with ties to foreign adversaries. See more stories on Insider's business ...
Tags: Hong Kong, Politics, News, Microsoft, White House, China, US, Trends, Joe Biden, Getty Images, Commerce, New York Times, Larry Ellison, WeChat, Associated Press, Party

Biden Administration Revokes Trump Orders Banning TikTok, WeChat in the U.S.

President Biden officially revoked Donald Trump’s executive orders last year that sought to ban TikTok and other Chinese-owned apps over supposed national security concerns. On Wednesday, the White House announced that Biden signed an executive order revoking then-President Trump’s August 2020 order instructing Chinese internet giant ByteDance to sell TikTok to U.S. entities under the threat […]
Tags: Asia, News, White House, Joe Biden, WeChat, Biden, Donald Trump, Trump, Tiktok

WeChat owner bans spanking, lip-licking, and nose-picking on the messaging app's live-stream content

Pony Ma Huateng is the chairman and CEO of Tencent Visual China Group via Getty Images Tencent has published a list of "violations" on WeChat's live-streaming service. Users are banned from posting "vulgar" content such as nose-picking, spanking or wearing a bikini. Chinese tech firms have faced increased scrutiny from the government in recent months. See more stories on Insider's business page. Tencent has banned 'vulgar' WeChat live-stream content including spanking, l...
Tags: News, China, Trends, Whatsapp, Tencent, WeChat, Ban, Livestream, Cnbc, Tech Insider, Pony Ma Huateng, Anna Cooban, Tencent Visual China Group, Getty Images Tencent

Snap brings partner-centric Layers to its social map used by 250 million people

Snap wants users to get a more personal view of the world around them. While products like Google Maps and Apple Maps have long-relied on data partners to juice the quality of their contextual insights, Snap is hoping it can give users a more hands-on approach to mixing and matching third-party tie-ins to its Snap Map product, allowing users to build a view of their geographic surroundings that tailored to their interests. The new product — announced today at the company’s Snap Partner Summit — ...
Tags: TC, Tech, Snapchat, Instant Messaging, Software, WeChat, Google-Maps, Operating Systems, Ticketmaster, Vertical Video, Mobile Applications, Snap Inc, Snap Map, Bryant Detwiller

Google updates its cross-platform Flutter UI toolkit

Flutter, Google’s cross-platform UI toolkit for building mobile and desktop apps, is getting a small but important update at the company’s I/O conference today. Google also announced that Flutter now powers 200,000 apps in the Play Store alone, including popular apps from companies like WeChat, ByteDance, BMW, Grab and DiDi. Indeed, Google notes that 1 in 8 new apps in the Play Store are now Flutter apps. The launch of Flutter 2.2 follows Google’s rollout of Flutter 2, which first added support ...
Tags: Google, Android, TC, Adobe, Microsoft, Samsung, Tech, Chrome Os, Computing, Sony, WeChat, Tizen, Windows 10, Linux, Web Apps, Play Store

Shein overtakes Amazon as the most installed shopping app in US

Shein‘s quiet rise has reached a crescendo as the fast fashion e-commerce app takes the crown from Amazon as the most downloaded shopping app on iOS and Android in the United States, according to data from app tracking firm App Annie. Its ascent is quiet because the startup, despite reportedly exceeding a $15 billion valuation, maintains an unusually low profile and doesn’t try to make itself known to the media. The app, dubbed the “TikTok for e-commerce” by China-focused internet analyst Matthe...
Tags: Amazon, TC, Ecommerce, Asia, Japan, China, India, US, Tech, E-commerce, United States, Xiaomi, WeChat, Belgium, Manufacturing, Tiger Global

PayPal’s ambition and uphill battle in China

Over the last few months, PayPal has been quietly gearing up for its expansion in China. At the recent Boao Forum for Asia, China’s answer to Davos, the American payments giant said its strategy for China is not to challenge the duopoly of Alipay and WeChat Pay. Instead, it wants to focus on cross-border business and provide gateways both for Chinese merchants to collect funds and for Chinese consumers to pay for overseas goods. It’s certainly a lucrative area. The market size of cross-border e-...
Tags: Amazon, TC, Ecommerce, Asia, Ebay, Finance, China, Tech, Paypal, Davos, Tencent, WeChat, Alipay, Payments, Online Payments, Online Stores

Greece’s Viva Wallet raises $80M for its neo-bank targeting small business merchants

Challenger banks continue to make significant waves in the world of finance, with smaller outfits luring customers away from incumbents by providing an easier way for them to not only engage with basic banking services, but to tap into a wave of technology that brings more personalization and often better deals into the equation. In the latest development, Viva Wallet, a Greek startup building banking services aimed at small and medium merchants, has picked up financing of $80 million, money tha...
Tags: Ecommerce, Europe, Sweden, Greece, Finance, Funding, US, Tech, Commerce, Tencent, WeChat, Fintech, POS, Merchants, Point-of-sale, Smbs

Bilibili ups the ante in games with $123 million investment in TapTap

Competition in China’s gaming industry is getting stiffer in recent times as tech giants sniff out potential buyouts and investments to beef up their gaming alliance, whether it pertains to content or distribution. Bilibili, the go-to video streaming platform for young Chinese, is the latest to make a major gaming deal. It has agreed to invest HK$960 million (about $123 million) into X.D. Network, which runs the popular game distribution platform TapTap in China, the company announced on Thursda...
Tags: Android, Gaming, Asia, Hong Kong, Entertainment, China, Southeast Asia, Tech, Xiaomi, Tencent, WeChat, Huawei, Video Hosting, Reuters, HK, Bilibili

Facebook gets a C – Startup rates the ‘ethics’ of social media platforms, targets asset managers

By now you’ve probably heard of ESG (Environmental, Social, Governance) ratings for companies, or ratings for their carbon footprint. Well, now a UK company has come up with a way of rating the ‘ethics’ social media companies.     EthicsGrade is an ESG ratings agency, focusing on AI governance. Headed up Charles Radclyffe, the former head of AI at Fidelity, it uses AI-driven models to create a more complete picture of the ESG of organizations, harnessing Natural Language Processing to automate t...
Tags: TC, Facebook, Twitter, Europe, UK, Technology, Microsoft, Finance, US, Articles, Social Media, Tech, Artificial Intelligence, United States, United Kingdom, Governance

China to ban apps from collecting excessive user data starting May

Starting May 1, apps in China can no longer force users into providing excessive personal data, according to a document jointly released by a group of the country’s top regulators, the Cyberspace Administration, the Ministry of Industry and Information Technology, the Ministry of Public Security and the State Administration for Market Regulation. It’s a common practice in China where apps ask users to provide sensitive personal information and those who decline to share are often denied access. ...
Tags: Asia, Government, China, Tech, Alibaba, Tencent, WeChat, Alipay, Ministry of Industry and Information Technology, State Administration

Encrypted Messaging App Signal Goes Down in China

Signal, the popular encrypted messaging app, stopped working in China on Tuesday, according to multiple reports. The app is still available in the Apple App Store in China, according to Reuters, but it’s not clear how much longer that might last.Read more...
Tags: Science, Technology, China, Software, WeChat, App Store, Open Whisper Systems, Signal, Operating Systems, Secure Communication, Reuters, Mobile Applications, Instant Messaging Clients, Online Chat, Cryptographic Software, Technology Internet

China Imposes New Rules to Restrict Independent Online Content Creators

China has this week imposed its tightest restrictions to date on the publication of original content online via short video and “self-media” accounts, in the latest escalation of its ongoing crackdown on public discourse that strays from the party line. The country’s internet watchdog, the Cyberspace Administration of China (CAC), has issued new regulations requiring […]
Tags: Asia, News, China, Censorship, Global, WeChat, Baidu, Weibo, Cyberspace Administration of China CAC

What is WeChat? Everything you need to know about the popular messaging app, including how to sign up

WeChat is more than just a messaging app - you can also use it to make video and audio calls, translate text, and more. Sheldon Cooper/SOPA Images/LightRocket via Getty Images WeChat is one of the world's most popular social media messaging apps, and is similar to WhatsApp. WeChat supports video, voice, and text chat and has unique features like localized translation. To sign up for WeChat, an existing user will need to scan a QR code on your phone. Visit Insider's Tech Reference library f...
Tags: Google, Facebook, China, Messaging, Trends, Social Media, Tencent, WeChat, Signal, Messaging Apps, Sheldon Cooper, Tech Insider, BI-freelancer, Tech Reference, Software & Apps (Reference, Tech How To

People are lining up in droves after rumors spread that billionaire Jack Ma is giving out cash to Chinese seniors

Jack Ma in China in 2019. Wang HE/Getty Images Online rumors in China are claiming that Alibaba billionaire Jack Ma is giving away money. The gifts are said to be made in honor of Lunar New Year, but authorities warn it may be a scam. Ma, through his companies, has previously given millions in LNY gifts to customers. Visit the Business section of Insider for more stories. Chinese seniors are lining up at banks across the country after rumors swirled online that reclusive billionaire Jack M...
Tags: News, China, US, Trends, Alibaba, WeChat, Jack Ma, Chinese New Year, Ma, Fuzhou, Hainan, Lunar New Year, Scammers, Jiangxi Province, Julie Gerstein, Ant Group

Good Lord, It's Only February

It’s called bipartisanship: Both major political parties have some bad ideas for reforming Section 230 of the Communications Decency Act, the foundational internet law that shields websites from lawsuits over user-generated content or their moderation decisions.Read more...
Tags: Facebook, Science, Software, Computing, WeChat, Operating Systems, Mobile Applications, Video Software, Parler, Tiktok, Alt Tech, Universal Windows Platform Apps, Conservatism In The United States

ByteDance Files $14 Million Suit Against Tencent for Monopolistic Behavior

Douyin, the Chinese version of ByteDance’s TikTok short video app, has filed suit in Beijing against rival Tencent Holdings for alleged monopolistic behavior, seeking $13.9 million in compensation, ByteDance said Tuesday. Tencent prohibits the sharing of Douyin content on its extremely popular apps WeChat and QQ, a practice that ByteDance hopes the court will rule […]
Tags: Asia, News, Global, Beijing, Tencent, WeChat, Tencent Holdings, Bytedance, Douyin

New rule reins in China’s flourishing self-publishing space

Despite China’s history of stringent media control, an industry of uninstitutionalized, individual publishers has managed to flourish on social media platforms like Tencent’s WeChat and ByteDance’s Toutiao. These self-publishers are called “We Media” in the Chinese internet lexicon, denoting the independent power of citizen journalists and content creators. Meanwhile, self-publishers have always had to tread carefully on what they post or risk being targeted by censors who deem them illegal or i...
Tags: TC, Asia, Government, China, Censorship, Tech, Tencent, WeChat, Wuhan, Weibo, Sina Weibo, Cyberspace Administration of China, Sina Weibo China, IFJ, TechCrunch China, Fang Fang

China’s draft payments rules put Ant, Tencent on notice

A string of recent events in China’s payments industry suggests the duopoly comprising Ant Group and Tencent may be getting a shakeup. Following the abrupt call-off of Ant’s public sale and a government directive to reform the firm’s business, the Chinese authorities sent another message this week signaling its plan to curb concentration in the flourishing digital payments industry. The set of draft rules, designed to regulate non-bank payments and released by the People’s Bank of China (PBOC) t...
Tags: TC, Asia, Finance, China, Tech, Paypal, Tencent, WeChat, Mobile Payments, Goldman Sachs, Alipay, Payments, Alibaba Group, Online Payments, Meituan, Pboc

Robot Coffee (+ bonus pun!)

They aren’t new; there are a number of these “Robot Coffee Kiosks” ( 机器人咖啡亭 ) around Shanghai, and more have been popping up lately. Here’s what they look like: The little attached tablet is how you order and pay (AliPay or WeChat Pay, of course.) Around 15 RMB (about USD 2.31) per cup is cheap for Shanghai. I just tried it the other day, and the coffee is… not great. I tried the hazelnut latte, and while the company deserves credit for not making the coffee too sweet, they mad...
Tags: Coffee, Language, Shanghai, Linguistics, WeChat, Puns, Vocabulary, Robot Coffee Kiosks

WeChat advances e-commerce goals with $250B in transactions

WeChat continues to advance its shopping ambitions as the social networking app turns 10 years old. The Chinese messenger facilitated 1.6 trillion yuan (close to $250 billion) in annual transactions through its “mini programs,” third-party services that run on the super app that allow users to buy clothes, order food, hail taxis and more. That is double the value of transactions on WeChat’s mini programs in 2019, the networking giant announced at its annual conference for business partners and e...
Tags: Apple, TC, Asia, China, Tech, Instant Messaging, Alibaba, Tencent, WeChat, Messaging Apps, Snap, Guangzhou, Zhang, Tencent Alibaba, Zhihu, Sogou

TikTok’s Chinese version Douyin launches an e-wallet

Tencent’s WeChat Pay and Alibaba’s affiliate Alipay have long dominated digital payments in China, but they have always faced new challengers. The latest entrant in online payments is Douyin, TikTok’s Chinese version. The short video app recently added “Douyin Pay” to its list of existing payment options, which have included Alipay and WeChat Pay. “The set-up of Douyin Pay (Douyin Zhifu) is to supplement the existing major payment options, and to ultimately enhance user experience on Douyin,” a ...
Tags: TC, Asia, Finance, China, Tech, Alibaba, Tencent, WeChat, Cctv, Alipay, Payments, Online Payments, Chinese New Year, Zhang Yiming, Bytedance, WeChat Pay

Signal and Telegram are also growing in China – for now

As fears over WhatsApp’s privacy policies send millions of users in the West to Signal and Telegram, the two encrypted apps are also seeing a slight user uptick in China, where WeChat has long dominated and the government has a tight grip on online communication. Following WhatsApp’s pop-up notification reminding users that it shares their data with its parent Facebook, people began fleeing to alternate encrypted platforms. Telegram added 25 million just between January 10-13, the company said o...
Tags: Apple, Google, Google Play Store, TC, Facebook, Messenger, Asia, Hong Kong, Elon Musk, Government, China, Tech, Whatsapp, Encryption, Beijing, Tencent

Trump signed an executive order banning Alipay, WeChat Pay, and 6 other Chinese apps, calling them a threat to national security

A staff member scans a QR code from a customer's Alipay app at Julius Meinl, a coffee shop in Vienna, Austria, in January 2020. Guo Chen/Xinhua via Getty) (Xinhua/Guo Chen via Getty Images President Donald Trump has signed an executive order banning Alipay, WeChat Pay, and six other Chinese apps.  The order raises the possibility that the apps could track Federal employees and "build dossiers of personal information," calling the apps a threat to "the national security, foreign policy,...
Tags: News, China, US, Trends, Walmart, Getty Images, United States, Tencent, WeChat, Alipay, New York Stock Exchange, Donald Trump, Nyse, Trump, China Telecom, Vienna Austria

Global trends shaping marketing in 2021: Part 1

I think it’s safe to say that no one could have predicted 2020; try though we did last year. But with the last 12 months safely behind us, and 2021 underway, it’s time to once again look to the future. Future gazing is important in the fast-moving world of marketing and, in particular, social media; consider how much consumer behaviours have changed over the past 12 months, the rise of gaming and streaming platforms as people looked to fill their days in lockdown, and the important role social m...
Tags: Apple, Google, Facebook, Hong Kong, Instagram, China, Advertising, Marketing, US, Trends, Social Media, Seo, Snapchat, Dubai, WeChat, Tokyo

National Security Cited As Trump Moves Against Chinese Apps and Hong Kong Arrests Pro-Democracy Campaigners

U.S. President Donald Trump stepped up his actions against Chinese tech firms on Tuesday with the publication of an executive order targeting Alibaba’s Alipay and Tencent’s WeChatPay. The move pointed to a widening gulf between the western world still reeling from coronavirus and the chaos of the U.S. elections and an increasingly assertive, intolerant and […]
Tags: Asia, News, China, Global, Alibaba, Tencent, WeChat, Donald Trump, National Security Law, Hong Kong Arrests Pro Democracy Campaigners