Pandaily's Digest #20211015
ByteDance denies takeaway business plan, LinkedIn to shut down its China platform, Futu and Tiger Brokers’ shares fall amid data security concerns, "Worker Lives Matter" goes viral in China, and more.
Douyin Denies Takeaway-Related Business Plans
On October 14, media reports surfaced that ByteDance’s mini program “Xindong takeaway” was approved for registration on Monday. The relevant person in charge of the short video sharing platform Douyin responded that there is no takeaway-related business plan at present, and that the investment and agency information on the market were untrue.
LinkedIn’s Official Weibo Denies Shutting Down China Platform
On Thursday, LinkedIn announced it would shut down the local version of its services in China later this year and launch a job search site in the country, but without LinkedIn’s social functions. However, LinkedIn’s official Weibo account responded that reports that it was closing its services in China were false.
Questioned About Information Security Risks, Futu, Tiger Brokers’ Shares Fall
Chinese state media the People’s Daily on Thursday questioned the ability of Futu and Tiger Brokers to meet requirements of the country’s strict new data protection law. As a result, the two brokers’ shares decreased by about 16% and 13% before markets opened in the U.S., respectively.
Four Post-95s College Students Produce Document of Chinese Companies’ Working Schedules
A document named “WorkerLivesMatter” that has covers specific departments in over 1300 Chinese companies has been viewed over 100,000 times after being launched October 12th.
Banned WeChat Page for League of Legends Mobile Game to Fixed by Officials
Recently, as some netizens reported, the page of mobile title League of Legends: Wild Rift could not be opened in WeChat. In response, officials said on Wednesday that the page was being fixed. After solving the shut down, they would put the page back on the shelves.
Cryptocurrency Exchange OKEx to Withdraw from Chinese Mainland Market
After Binance announced its withdrawal from the Mainland of China, OKEx announced on Wednesday that it had shifted its core business to international markets since 2017 and stopped promoting and providing services to the mainland China market.
NIO Responds to Claims that Car Navigation Interface Displays Advertisements
A NIO car owner posted on Weibo on Wednesday that there were advertisements on the navigation interface of his car, which practically blocked the screen and could affect safe driving. According to the photo uploaded by NIO Inc., the content is the promotion of a brand owned by the car company.
SMIC and Beijing’s Quest for Semiconductor Self-Reliance
Advanced computer chips are quickly shaping up to represent one of the most competitive and high-stakes assets in today’s global economy. In the face of recent headwinds, including various market pressures and geopolitical obstacles, Chinese regulators are on a mission to achieve self-sufficiency in this vital industry.
China’s Shenzhou-13 Spaceflight Mission to Launch on October 16, Wang Yaping to Become China’s First Female Astronaut to Carry Out Extravehicular Activities
A press conference on China’s Shenzhou-13 spaceflight mission was held at the Jiuquan Satellite Launch Center on Thursday afternoon, unveiling information about the crew for this space station mission.
OnePlus 9RT Goes Official with Snapdragon 888 Chipset, Starting from $513
Chinese smartphone maker OnePlus held an online conference on Wednesday to officially launch the OnePlus 9RT. The new model is equipped with a Qualcomm Snapdragon 888 chipset and a 6.55-inch Samsung E4 panel with a 120Hz refresh rate.