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☆ As Elon Musk's Twitter deal prepares to close, insiders expect 'chaos' as he burns the company to the ground and rebuilds it as a 'super app'
▼ + stars: | 2022-10-22 | by ( Kali Hays | ) www.businessinsider.com time to read: +5 min

"No one knows who or how this thing is running post-close," one person familiar with the deal said. "No one knows who or how this thing is running post-close," another person familiar with the company and transaction said. "I do not take actions which are disruptive to the health of the company," Musk said during the meeting. Even though Musk likely does need some executives to stay, members of the C-suite have little incentive to do so. To bring so many new features to Twitter, Musk would likely need more than 2,000 people to do it.

☆ This man says he lost all his savings gambling online in China, where players visit 'mirror' websites that change URLs daily and fake 'friends' recruit gamblers in chat groups
▼ + stars: | 2022-10-22 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +7 min

Gambling is illegal in most parts of China, apart from the state-owned national lotteries, and recognised gambling sites are blocked from Chinese users. It is one of many gambling companies that have mirror sites. Experts told Insider mirror websites are a "common" practice by betting companies in countries that don't allow gambling. A virtual armyHuang said it was easy to find a link to a new mirror gambling site once an old one has been blocked: his friends sent him the URL. They make friends with people and claim that they have won money gambling, and encourage other users to visit mirror sites.

☆ Anti-Xi protest spreads in China and worldwide as Chinese leader begins third term
▼ + stars: | 2022-10-22 | by ( Cnn Staff | ) edition.cnn.com time to read: +17 min

Obtained by CNNCNN spoke with two Chinese citizens who scribbled protest slogans in bathroom stalls and half a dozen overseas Chinese students who put up anti-Xi posters on their campuses. Chen had tried to share the Sitong Bridge protest on WeChat, China’s super app, but it kept getting censored. But as the widespread anti-Xi posters have shown, the rising nationalistic sentiment is by no means representative of all Chinese students overseas. In the day following the protest in Beijing, Jolie saw on Instagram an outpouring of photos showing protest posters from all over the world. But the extensive censorship around the Sitong Bridge protest also betrays its paranoia.

☆ Foxconn imposes restrictions on iPhone assembly plant in China's Zhengzhou - SCMP
▼ + stars: | 2022-10-21 | by ( ) www.reuters.com time to read: +1 min

The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's building in Taipei, Taiwan March 30, 2018. REUTERS/Tyrone SiuOct 21 (Reuters) - Taiwan's Foxconn (2317.TW) has imposed tough COVID-19 control restrictions on its plant in the Chinese city of Zhengzhou that assembles Apple Inc's (AAPL.O) iPhone, the South China Morning Post reported on Friday. "Production in the Zhengzhou campus remains normal, without a notable impact (from the Covid-19) situation," SCMP quoted a Foxconn spokesman as saying on Thursday. The new measures come as Foxconn's factory is ramping up production of the latest iPhone 14 models, SCMP added. Both Foxconn and Apple did not immediately respond to a Reuters request for comment.

☆ Foxconn says production normal at iPhone plant in China despite COVID curbs
▼ + stars: | 2022-10-21 | by ( ) www.reuters.com time to read: +1 min

The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's building in Taipei, Taiwan March 30, 2018. REUTERS/Tyrone SiuOct 21 (Reuters) - Taiwan electronics manufacturer Foxconn (2317.TW) said on Friday production at its largest iPhone factory remains normal, despite tightening COVID-19 restrictions at the plant in the Chinese city of Zhengzhou this week. "Zhengzhou (plant) still maintains normal production and has little impact (from the situation)," Foxconn told Reuters. The new measures follow Zhengzhou's latest outbreak recording a total of 196 cases since Oct. 8, and come as Foxconn's factory is ramping up production of the latest iPhone 14 models. Register now for FREE unlimited access to Reuters.com RegisterReporting by Beijing newsroom and Juby Babu in Bengaluru; Editing by Jacqueline Wong and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

☆ Inside Facebook, WhatsApp is now an 'urgent' growth valve with 'superapp' ambitions taking shape
▼ + stars: | 2022-10-20 | by ( Kali Hays | ) www.businessinsider.com time to read: +12 min

This has become something "we have to do," said Matt Idema, vice president of business messaging. Messaging throughout Facebook, led by WhatsApp, generated a relatively paltry $218 million in the most recent quarter. "It's a really big challenge," Matt Idema, promoted last year to vice president of business messaging for Meta, told Insider. Now it's time to bring together WhatsApp, Facebook Messenger, and Instagram Messaging and "treat it like one messaging strategy," Idema said. It held in May its first-ever conference dedicated to its messaging business.

☆ Tech giant Tencent was China's most valuable company for 6 years. In September, it finally lost the title — to a liquor company.
▼ + stars: | 2022-10-18 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Chinese tech giant Tencent's value has dropped to the worth of a local Chinese liquor giant. Once worth nearly $1 trillion, the gaming and internet giant now hovers at less than half of its peak market value. On September 30, Tencent lost its status as China's most valuable company when its market capitalization dipped below that of Guizhou-based distiller Kweichow Moutai. Harsh restrictions on tech giants spelled the end of Tencent's glory daysMoutai liquor is placed in a liquor store in Moutai town in Guizhou province. Costfoto/Future Publishing via Getty ImagesThat Kweichou Moutai's market value could even be compared to Tencent's shows how far the tech behemoth has fallen.

☆ What Elon Musk has said publicly — and in private texts — about X, his idea for an 'everything app'
▼ + stars: | 2022-10-15 | by ( Grace Kay | ) www.businessinsider.com time to read: +7 min

Elon Musk has discussed his plans for X, an "everything app," in Twitter and in private texts. AP Photo/Jacquelyn MartinPrivate texts about a blockchain-based platformMusk has also discussed creating a social media platform built on a blockchain. In April, the billionaire privately outlined his idea for a "Doge" social media platform in texts to his younger brother, Kimbal Musk. "I have an idea for a blockchain social media system that does both payments and short text messages/links like Twitter," Musk texted. A battle against botsOne thing is clear throughout Musk's dealings with Twitter — the billionaire's social media platform will be tasked with eliminating scam accounts.

☆ Chinese Internet Users Lose Access to WeChat App After Beijing Protest
▼ + stars: | 2022-10-14 | by ( Liza Lin | ) www.wsj.com time to read: 1 min

Chinese censors are crippling access to the country’s do-everything app for some users as part of a campaign to kill discussion of a rare protest in Beijing, an escalation in the Communist Party’s drive to cleanse the country’s internet of even the whiff of dissent. The crackdown came after two banners condemning Chinese leader Xi Jinping were hung from a busy highway bridge in the Chinese capital early Thursday afternoon—a rare act of defiance in the seat of Communist Party power that captivated the country’s social-media users.

A rare protest calling for Chinese President Xi Jinping’s overthrow was staged in the country’s capital Thursday, days before the start of the Communist Party congress, which is expected to cement his rule for an unprecedented third term. Small protests and confrontations with authorities have taken place in the past, in several cities where lockdowns have been enforced. Scorched pavement is seen on a highway overpass where social media videos earlier appeared to show smoke and protest banners in Beijing on Thursday. Posts containing the hashtags Beijing or Haidian were quickly blocked on Weibo, China's popular microblogging site similar to Twitter. Security across Beijing is extremely tight ahead of the ruling Communist Party’s five-yearly congress, which is set to open Sunday.

☆ China's digital currency passes 100 bln yuan in spending - PBOC
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: +2 min

SHANGHAI, Oct 13 (Reuters) - Transactions using China's digital yuan surpassed 100 billion yuan ($13.9 billion) as of Aug. 31, China's central bank said on Wednesday, as the country continues its roll-out of a central bank digital currency. The spending involved 360 million transactions in pilot areas in 15 provinces and municipalities, the People's Bank of China (PBOC) said, adding that more than 5.6 million merchants could now accept payments with the digital currency. China is at the fore of a global race to develop central bank digital currencies, although adoption is still in the early stages. Transactions using e-CNY rose from 87.6 billion yuan by the end of 2021, the PBOC said. The central bank also took part in the cross-border multiple Central Bank Digital Currency (mCBDC) Bridge trial developed by the Bank of International Settlements and conducted tests to connect with Hong Kong's local digital payment system, it said.

A view of Chinese national flags in a street of an old neighbourhood as the city prepares for the 20th National Congress of the Communist Party of China, in Beijing, China October 11, 2022. Smoke could be seen emanating from the roadway above where the banners were hung in Beijing's northwestern Haidian district, according to the images. China's zero-COVID policy, which has led to frequent lockdowns and caused heavy economic damage, has fuelled widespread frustration in Chinese cities. "There was a brave person in Beijing today," one Chinese social media user wrote, adding several thumbs up and roses of support. In Beijing there is no public dissatisfaction caused by epidemic control as in some other remote places in China."

☆ When Chinese protesters came up against Xi's security machine
▼ + stars: | 2022-10-13 | by ( Martin Quin Pollard | ) www.reuters.com time to read: +12 min

Handout via REUTERSBEIJING, Oct 13 (Reuters) - Jack Yao, a Chinese Communist Party member, never wanted to be an activist. It offers a glimpse of the lengths some frustrated citizens will go to in taking on the world's most powerful security state. China's Ministry of Public Security, the Henan and Anhui local governments, and police departments in those provinces and Beijing didn't respond to requests for comment for this article. Chinese authorities say social stability is the foundation for a prosperous future and dismiss human rights complaints as Western propaganda and interference in internal affairs. Protesters chanted: "Henan banks, give us back our deposits."

☆ Shanghai says water supplies 'normal' after shortage scare sparks hoarding
▼ + stars: | 2022-10-12 | by ( ) www.reuters.com time to read: +2 min

SHANGHAI, Oct 12 (Reuters) - Authorities in the Chinese financial hub of Shanghai have told citizens that municipal water supplies remain "normal", dispelling rumours of shortages and quality issues that led to a wave of panic-buying throughout the city on Tuesday. The backflow of sea water into Shanghai's depleted reservoirs began in early September, and the city's water supply firms are closely monitoring the situation and "scientifically" making adjustments to water flows, the city government said on its official WeChat channel late on Tuesday. Register now for FREE unlimited access to Reuters.com Register"Tap water production and supply are normal, and water quality standards have been reached," it said. Shanghai experienced a wave of panic buying earlier this year amid fears of food and water shortages brought about by a city-wide COVID-19 lockdown that eventually lasted more than two months. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by David Stanway; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

"It is definitely a business school case study. Musk's attempt to take over Twitter is "a gift to professors and students", said Joshua White, a professor at Vanderbilt University, calling the situation "unprecedented". While the messages reflect his unusual approach to running a business, taking control of Twitter will mean managing it, at least initially. "What is to come is unclear," said Donna Hitscherich, a Columbia Business School professor. Success or failure, it will be an instant business school classroom staple, experts say.

☆ How Elon Musk could change Twitter
▼ + stars: | 2022-10-06 | by ( Clare Duffy | ) edition.cnn.com time to read: +7 min

Musk has said Twitter, under his leadership, would have more lenient content moderation policies. But the most striking early change could come from who is and is not allowed on a Musk-owned Twitter. Musk, for his part, has focused on bringing back one of Twitter’s most prominent former users: Trump. “There are exceptions … but generally permanent bans are a failure of ours and don’t work,” he said. The same day he sent his letter to Twitter attempting to revive the deal, Musk was widely panned for comments he made on the platform about Russia’s invasion of Ukraine.

☆ Explainer: What is an 'everything app' and why does Elon Musk want to make one?
▼ + stars: | 2022-10-05 | by ( Sheila Dang | ) www.reuters.com time to read: +4 min

Oct 28 (Reuters) - Why is Elon Musk suddenly thinking about creating an "everything app," and what does that even mean? WHAT IS A SUPER APP? Chinese super app WeChat has more than 1 billion monthly users, according to one estimate, and is a ubiquitous part of daily life in China. Grab, a leading super app across Southeast Asia, offers food delivery, ride-hailing, on-demand package delivery and financial services and investing. REUTERS/Mike BlakeWHY DOES MUSK WANT TO MAKE A SUPER APP?

☆ Bank of America employees are frustrated and confused over new rules governing chats with colleagues and clients amid crackdown on illicit messaging
▼ + stars: | 2022-09-28 | by ( Alex Morrell | ) www.businessinsider.com time to read: +6 min

BofA has rolled out a new communications policy to traders and bankers amid an industry-wide regulatory probe. Even texting "I'm running late" from a personal phone is a policy violation, according to an internal memo. Banks and brokerages are required to monitor employees' written communications — rules that often went ignored during the work-from-home days of the pandemic, leading to a regulatory crackdown that ramped up this year. The same example — letting someone know you're running late to a meeting — was cited. For those who want to ensure safety, it means putting personal communications that could come into question on the corporate phone.

☆ A game about sheep is going viral in China even as gaming regulation remains tight
▼ + stars: | 2022-09-28 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

A young Beijing company's game called "Sheep a Sheep" went viral in China in September 2022. That's because the new game, called Sheep a Sheep, sits inside ByteDance's Douyin and Tencent's messaging app WeChat as a mini-program. Sheep a Sheep just went viral these past few days. Weeks later in early September, Jianyou had launched the sheep game, according to posts on its official Weibo, a Twitter-like social media platform in China. In contrast, NetEase's first game approval in more than a year came 10 months after the company registered the software, according to Tianyancha data.

Over the last decade, the rise of internet giants like Tencent (0700.HK) exposed the flimsiness of the stereotype. “Influence Empire: Inside the Story of Tencent and China’s Tech Ambition” by Lulu Yilun Chen tracks the company’s evolution into a $350 billion social media and gaming behemoth. The backlash also undermined confidence in China’s private tech sector. U.S. venture capital investment has dwindled, and even Chinese tech investors are now venturing abroad. Follow @ywchen1 on TwitterCONTEXT NEWS“Influence Empire: Inside the Story of Tencent and China’s Tech Ambition”, by Lulu Yilun Chen, was published by Hodder & Stoughton on July 14.

☆ China is asking its citizens to register for chartered flights out of Ukraine, a day after asking them to 'stay at home' or display the Chinese flag when driving
▼ + stars: | 2022-02-25 | by ( Weilun Soon | ) www.businessinsider.com time to read: +2 min

China has started asking its citizens in Ukraine to register for chartered flights out of the country. On Thursday, its embassy in Kyiv had suggested ways for Chinese nationals to keep safe in Ukraine without mentioning evacuation plans. There are about 6,000 Chinese nationals in Ukraine living in cities such as Kyiv, Lviv, Kharkiv, Odesa, and Sumy, state-run Global Times reported. China's evacuation announcement comes a day after the Chinese embassy advised nationals in Ukraine to "stay at home" or to display the Chinese flag on their cars if they have to go outside. The embassy encouraged Chinese nationals in Ukraine to look out for each other, but stopped short of asking citizens to evacuate.

☆ Social Commerce 2022: Social media and ecommerce convergence trends bring growth opportunity for brands
▼ + stars: | 2022-01-27 | by ( Insider Intelligence | ) www.businessinsider.com time to read: +8 min

US retail social commerce sales will reach $36.62 billion in 2021, but that’s still about one-tenth the size of China’s social commerce market. Social commerce trendsThanks to the example set by China, brands remain optimistic about the future of social commerce. Examples of social commerce companiesSocial media companies have comparative strengths that determine its approach to social commerce. TwitterProbably the least popular social platform when it comes to social commerce is Twitter—especially after dropping its buy button feature in 2017. Social commerce market stats & outlookInsider Intelligence forecasts that US retail social commerce sales will rise by 24.9% to $45.74 billion in 2022.

☆ Joe Biden elimină interdicțiile impuse de Donald Trump asupra aplicațiilor TikTok și WeChat
▼ + stars: | 2021-06-10 | by ( ) www.jurnal.md time to read: +2 min

Sursa foto: ChesnotJoe Biden elimină interdicțiile impuse de Donald Trump asupra aplicațiilor TikTok și WeChatPreședintele american Joe Biden a revocat miercuri interdicțiile impuse de predecesorul său, Donald Trump, asupa platformelor TikTok și WeChat, deținute de companii chineze. Ordinul înlocuiește acțiunile fostului președinte Donald Trump, destinate în mod special companiilor chineze, inclusiv celor care dețin TikTok - ByteDance Ltd., și WeChat - Tencent Holdings Ltd., care a încercat să interzică utilizarea acestor aplicații în SUA. O evaluare separată privind vânzarea TikTok către o companie americană este în curs de desfășurare și nu este legată de acest ordin, a spus un înalt oficial al administrației. Anunțul vine în contextul în care Biden a plecat într-o vizită de o săptămână în Europa, pentru a participa la summit-ul G7. China este pe agenda discțiilor și este așteptat ca liderii celor mai bogate țări să se concentreze pe acest subiect.

Persons: Joe Biden, Donald Trump, Biden, Gina, Trump Organizations: Holdings Ltd, Casei Albe Locations: Ltd, SUA, China, americană, Europa

☆ Байден отменил указы Трампа об ограничениях против TikTok и WeChat
▼ + stars: | 2021-06-09 | by ( ) nokta.md time to read: +1 min

Президент США Джо Байден отменил указы своего предшественника Дональда Трампа, запрещающие гражданам США заключать сделки с китайскими компаниями-владельцами сервиса коротких видео TikTok и мессенджера WeChat. Трамп подписал указы, вводящие ограничения против TikTok и WeChat, в августе 2020 года. В начале августа 2020 года Microsoft сообщила, что собирается купить часть бизнеса TikTok, в том числе в США. Дональд Трамп потребовал закрыть сделку к 15 сентября, пригрозив блокировкой TikTok в США. Позднее владелец TikTok отказался от сделки с Microsoft.

Persons: Джо Байден, Дональд Трамп, Байден, Трамп Locations: США, Китай, Белый дом

☆ INSTAPLUS.ME – лучший автоматизированный сервис для продвижения в Инстаграм
▼ + stars: | 2021-05-03 | by ( Super User | ) mybusiness.md time to read: +2 min

По Молдове точных данных нет, однако подсчитано, что на сегодняшний день у тройки самых популярных инфлюэнсеров 411,4К, 365,6К и 275,7К фолловеров. По данным сервиса Insights to Go более 200 миллионов предприятий используют бесплатные инструменты Instagram для связи с клиентами. Instagram уже давно перестал быть площадкой, где домохозяйки выкладывают селфи или фотографии любимых кошек, и превратился в мощный инструмент продвижения бизнеса. На эти и многие другие вопросы можно получить ответы у компании INSTAPLUS, разработчика одного из лучших автоматизированных сервисов для продвижения в Instagram. Каким образом можно добавить музыку, что нужно знать для работы с блогерами и какие существуют лучшие бесплатные методы продвижения товара или услуги.

Persons: Messenger, Instagram – Organizations: Facebook, YouTube Locations: Молдова

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