Business Maverick: China considers ways to curb youths’ ‘excessive’ video use

The National Radio and Television Administration held a meeting on 22 February to consider ways to tighten oversight of the short video industry. The powerful agency called for the sector’s “healthy development” and improvements in content quality, without elaborating or naming companies.

Video streaming platform Kuaishou Technology dived as much as 4.2% in early on Tuesday trading in Hong Kong, while rival Bilibili fell a maximum of 3.7%. Tencent, which gets most of its revenue from gaming, climbed about 2.4% at its peak. Short videos — the bite-sized segments of a few seconds that characterise services such as TikTok and its Chinese cousin Douyin — have in recent years exploded in popularity globally, particularly among teens. Their proliferation made ByteDance the world’s most valuable startup, spurred incumbent giants such as Meta and Tencent to adopt the format, and minted an entire economy of influencers, advertisers and merchants.

Beijing has since 2020 clamped down on other industries that gained widespread followings and amassed valuable personal data, including e-commerce, ride-hailing and online education. The government has consistently tried to curb the rising power of China’s internet titans, though in recent months Xi Jinping’s administration sent strong signals they were loosening the reins, in part because of the overriding objective of reviving the world’s No 2 economy.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

De Ruyter used 'wrong forum' to air concerns over Eskom corruption - business leaders | BusinessBusiness Leadership SA CEO Busi Mavuso says former Eskom CEO André de Ruyter chose the wrong forum to air his views on corruption at Eskom and should instead have reported them to the board and the police. | News24_Business _Business Lol it's tough when your biggest cheerleader speaks up against you _Business Fuck ya talking about ain't this democracy? _Business How do you report theft to the thieves?
Fonte: News24 - 🏆 4. / 80 Consulte Mais informação »

MEDIA: Another one bites the dust – Business Insider SA news website to closeSo long, and thanks for all the fish. Or in the case of Business Insider South Africa, for all the dishing. The popular multinational financial and business news website is shutting down its operations in SA at the end of the month because its parent company failed to renew its licensing agreement. No great loss. Was way too wokey and lig in die broek
Fonte: dailymaverick - 🏆 3. / 84 Consulte Mais informação »

Chinese students have developed a set of lips that couples can use for 'long-distance kissing' | Business InsiderStudents at a university in China are trying to promote monogamous kissing between long-distance couples — by developing a contraption that mimics the gesture of kissing a partner's lips. BISouthAfrica BISouthAfrica Kissing only?
Fonte: BISouthAfrica - 🏆 34. / 51 Consulte Mais informação »

Gauteng business robbed of tyres worth R5mGauteng business robbed of tyres worth R5m: Gauteng police have arrested members of an alleged robbery syndicate targeting big vehicle and computer businesses. All illegal foreigners
Fonte: SABreakingNews - 🏆 41. / 51 Consulte Mais informação »