Shares in the Chinese social media and gaming giant tumbled around 6% in Hong Kong on Thursday after its US-listed shares closed 5.4% lower on Wall Street. The stock plunge came after Tencent (TCEHY) reported revenue of 144.2 billion yuan ($22.6 billion) for the fourth...
crackdown
Russian internet users are learning to beat Putin’s internet crackdown 💥💥💥
But despite Putin’s efforts to clamp down on social media and information within his borders, a growing number of Russian internet users appear determined to access outside sources and circumvent the Kremlin’s restrictions. To defeat Russia’s internet censorship, many are turning to specialized circumvention technology...
Top Chinese education company laid off 60,000 people after Beijing’s crackdown last year 💥💥💥
Yu Minhong — the billionaire founder of New Oriental Education — confirmed the massive shakeup in a post on his WeChat account over the weekend, adding the company encountered “too many changes in 2021.” He blamed the layoffs on “policies, the pandemic and international relations.”...
China’s crackdown on Hong Kong fuels fears in Taiwan – CNN Video 💥💥💥
As China cracked down on the pro-democracy movement in Hong Kong, the Taiwanese public watched on anxiously. Some fear they could be next to see harsher clampdowns as China steps up pressure on the democratic island of 24 million to “unify” with the mainland. CNN’s...
Singles Day strikes a cautious tone as China’s economy slows and a tech crackdown continues 💥💥💥
But the tone at this year’s bonanza is a lot more cautious than it has been in prior years, as companies contend with rising inflation in a slowing economy and a regulatory crackdown on their operations. Alibaba (BABA) launched the first Singles Day Shopping Festival...
China’s ‘unprecedented’ crackdown stunned private enterprise. One year on, it may have to cut business some slack 💥💥💥
One day later, it all fell apart. In the year that followed, the Chinese government’s regulatory might has changed industries ranging from tech and finance to gaming, entertainment and private education. But the speed and ferocity with which Chinese authorities have acted against the country’s...
How a US group with links to the far-right may have influenced a crackdown on Ghana’s LGBTQ community 💥💥💥
Tucked away in a neighborhood of Accra, off Aflao Road, a group of Ghanaian gay activists use the house to gather in secret and provide shelter to LGBTQ people in need. Sitting on the corner of a couch in the gloomy interior, Joe holds a...
How a US group with links to the far-right may have influenced a crackdown on Ghana’s LGBTQ community 💥💥💥
Tucked away in a neighborhood of Accra, off Aflao Road, a group of Ghanaian gay activists use the house to gather in secret and provide shelter to LGBTQ people in need. Sitting on the corner of a couch in the gloomy interior, Joe holds a...
China tells Tencent and Netease to focus less on profit as gaming crackdown expands 💥💥💥
State-run news agency Xinhua reported Wednesday that authorities had called in firms, including industry leaders Tencent (TCEHY) and NetEase (NTES), to discuss restrictions around the streaming and playing of video games among minors. During the meeting, companies were “urged to break from the solitary focus...
Nicaragua detains opposition leader in pre-election crackdown 💥💥💥
Reyes, a member of the Political Council of the opposition Blue and White National Unit (UNAB), was given a 90-day judicial detention, according to a statement by the country’s Public Ministry on Monday. By CNN’s tally, he is the 34th opposition figure to be arrested...