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China Daily Brief

China Tech Daily Briefing (Mar 2)

Mar 2, 2019 by The Passage Team
China Tech Daily Briefing (Mar 2)
  1. Tencent tests child-lock model in gaming, which seeks permission from parents to let children under 13 play.

  2. Alibaba Cultural Entertainment Group denies news of layoffs, says there are over 1,800 job vacancies instead.

  3. TikTok releases a new model for teenagers, giving them access to limited short videos.

  4. ByteDance says penalty handed by FTC for violation for children’s privacy was for, before it was acquired by them.

  5. NetEase to stop insurance business this month as the company cuts all fintech business except payments.

  6. AlipayHK now supports cross-border payment from Guangdong, Macao and Japan.

  7. AI startup Hi Neng Tong has raised USD 4.47 million in its A+ round.

(By Carl Zhou, intern with The Passage)

The Passage Team

The Passage is committed to creating in-depth content over technology industry across Asia with a focus on emerging startups in the technology, healthcare, education, food, tech, travel & mobility segments.

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