newsletter. Reddit confirmed the investment to The Verge, but declined further comment. Reddit has received a $150 million investment from Tencent, the Chinese tech giant behind WeChat and League of Legends, sparking fears of censorship from Reddit users. A subsidiary. Having China drive the narrative is incredibly valuable. Chinese consumers like to use apps that can perform a variety of functions, not just one or two. Chinese-owned news apps are dominating the US app store, dwarfing both CNN and Reddit combined. PLEASE bookmark us, visit daily, email our page to all your friends, and subscribe to our newsletter. The pending Chinese investment in Reddit, a social media company with relatively little Chinese-language community, is a richer twist on that old tale, and it's a part of Tencent's expanding global investment strategy. Registered members submit content to the site such as links, text posts, and images, which are then voted up or down by other members. Reddit gets a $150 million investment from Tencent and users are posting memes to mock the deal, Super Bowl 2021 won’t stream in 4K, but these TV deals are still worth it, Here are the best AirPods deals you can get right now, Razer’s DeathAdder V2 Pro wireless gaming mouse just got its first big price cut, Plus, grab a new pair of AirPods Pro for $205 at Woot, Sign up for the A s news that Chinese company Tencent will invest $150 million in Reddit ricocheted across the popular aggregation website, Redditors expressed fears about censorship — and shared a … Our website relies on internet advertisements to pay the bills. To find out more, see here: China Is Hoping Joe Biden Rolls Back Trump’s Strong Policies | Dean Cheng on Fox Business, Beijing Bidens Third Day: Selling the Grid to China and Killing Diabetes Patients, Tucker: The Democratic Party wants to run the US, China will have ‘one street camera for every TWO PEOPLE by next year’ as the country tightens its grip on state surveillance. The Chinese company owns about 12 percent of … Think of the extent to which China would defend open criticism of the Chinese government. All viewpoints and opinions are welcome here, but please read the rules in the … America is comparably as full of censorship, both soft and hard, and allowing China to control this place is the only thing that provides any semblance of legitimacy to this website. If I were China, I would take this to the most extreme possible. NEW DELHI: Social network firm Reddit said h-to-team on Sunday it would buy short-video platform Dubsmash, becoming the latest company to expand in a space dominated by Chinese-owned … They can use this website as a form of peaceful protest against the American government, to spread truth, to expose the awful misdeeds of the ruling class in America, and dare the United states, with their supposed ideal of freedom of speech, to censor them, to take the website off line, or to otherwise size control of the website. To learn more or opt-out, read our Cookie Policy. The investment was first rumored last week, and led to Reddit users posting photos and memes banned in China in protest of Tencent’s involvement. As true as this is, the US Government and the US Media already viciously do the exact same thing that China does, extensive propaganda, even if the censorship is somewhat lower, yet nobody bats an eye. U.S. Launches National Security Probe Into Chinese-Owned App TikTok. InvestmentWatchBlog.com © 2018. The investment … WeChat users in America can still be censored if their accounts are connected to mainland IDs. Americans are similar to North Koreans in the extent to which everything they know is either fabricated or otherwise inconsequential. Spotify, Epic Games, and Snap have all received investments from Tencent, and none have seen the censorship that Reddit users fear. According to McKinsey, over 10,000 Chinese-owned firms are currently operating throughout the African continent, and the value of Chinese … I truly hope they take full advantage of this wonderful opportunity. The Treasury Department’s Committee on Foreign Investment in the United States (CFIUS) has reportedly launched a national security investigation into TikTok, a rapidly growing video-streaming and social media app owned by Chinese social media company ByteDance. China is not a threat to the common people, China is a threat to the autocrats, the oligarchs, and the bureaucrats of America. Privacy & Cookies: This site uses cookies. Tencent Buys Stake In Another U.S. Social Network -- Reddit The controversial social news forum joins Snapchat on Chinese tech giant's growing list of U.S. investments. Under Section 107 of the Copyright Act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Articles posted do not necessarily reflect endorsement. China is a threat to the major player who currently overpower any opposition, control the narrative, and buy the elections. This sort of deliverance is the only thing preventing the “monopolization of information” that is currently being perpetuated by the Tech Giants. Both are censored in China because of state rules aimed at keeping internet users from opposing the government. By choosing I Accept, you consent to our use of cookies and other tracking technologies. To an extreme degree. Reddit, which has over 430 million members, recently introduced new rules that will make it easier for the site to weed out members violating policies. But so far, other US companies with Chinese investment haven’t been subject to the country’s censorship. Overpower mods, remove word filters, and basically do everything that is in their power to ensure the protection of free speech. One Reddit user quipped, “I thought it would be nice to post this picture of “Tank Man” at Tienanmen Square before our new glorious overlords decide we cannot post it anymore.”. New Delhi: Zhenhua is a privately-owned company and has no links with the Chinese government, Chinese Embassy spokesperson on Thursday said over reports of Chinese … STEPHEN COLBERT: The Chinese government only allows a small number of foreign movies into China each year, and after America, China is the number two biggest movie-going country in the world. chinese-owned reddit under criminal investigation, sources say Date: July 3, 2020 Author: Nwo Report 0 Comments Alex Jones breaks down the corruption at Chicom-backed Reddit Meanwhile, China continues to outright block US-based services it wishes to censor, such as Twitch, Google, and Facebook. The investing related articles here are only for educational purposes. Chinese-owned media reviews lacking Jack Ma appears on videoconference Boston Satisfaction 'Hungry, Motivated' To Get Isobel Cup In Future Year Google suggests it is … China, traditionally meek, traditionally unwilling to challenge the US, now has an incredible opportunity. Reddit has received a $150 million investment from Tencent, the Chinese tech giant behind WeChat and League of Legends, sparking fears of censorship from Reddit users. Copyright Disclaimer: Works and images presented here fall under Fair Use Section 107 and are used for commentary on globally significant newsworthy events. Share of population received coronavirus vaccine. The social platform WeChat, for example, is owned by Tencent and reaches up to 200 million people outside the country, and is "increasingly monitored and censored according to Chinese … TikTok, which has more than 110 million downloads in the … Nothing matters most investors says, because the FED, Establishment War Against “We the People” – Paul Craig Roberts, Yellen Pleads with Congress to “Act Big” on Debt-Funded Spending, California Gov. Tencent joins the ranks of older Reddit investors like Snoop Dogg and Sequoia in helping the company reel in $300 million in additional funding, Reddit confirmed today. Reddit has been blocked in China since August. By Didi Rankovic ; Posted 11:36 am ; At a time when controversy over news censorship and rising tensions with China, Chinese news apps are dominating the US App Store. China, in my eyes, needs to push freedom of speech to the limits, within the confines of the law, forcing the American people to open their eyes, standing in the middle of the road, protesting the government, daring the U.S. Government to shoot them, to fall back on their idealistic promises and remind the American people that authoritarianism and censorship rule just as much in the United States as they do in China. The American Government does not allow you to have access to any information they don’t want you to, so as much as you may believe in this illusion of freedom, it is truly only the illusion of freedom within your tiny cage. By continuing to use this website, you agree to their use. Users of Douyin, the Chinese version of TikTok, who log onto their Chinese accounts from outside the country, have seen their posts taken down. The reader is responsible for discerning the validity, factuality or implications of information posted here, be it fictional or based on real events. If they are stupid, they will drive it into the ground and the markets that Newegg caters to will have one less option when we do our PC part shopping. You can argue, that yes, China can use this website to push the narrative into their own favor. Now think of the extent to which China would defend open criticism of the nation that is their major rival in the world. r/China: A community for discussing China and topics related to it. If the Chinese investors are smart, they will let the current management continue operating as they are. Very low. *55.7% owned. Red alert: China owns reddit now. When they have this monopoly of information, the control what you see, what you know, and thus what you think, what you believe, and how you behave. America is comparably as full of censorship, both soft and hard, and allowing China to control this place is the only thing that provides any semblance of legitimacy to this website. The protests have centered around two images in particular: Winnie the Pooh, whose likeness is largely banned because users have mocked its resemblance to President Xi Jinping, and images of the iconic Tank Man from the Tiananmen Square massacre. Yes, TikTok is a potential threat to the west, in as much as it is a Chinese-owned app now installed on hundreds of millions of devices. In one instance, a short video of a foreigner reading from Mao Zedong’s Little Red Book was immediately rejected from the platform. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. All Rights Reserved. August 22, 2019 August 22, 2019 by IWB. by marzipanmaddox. Federal and state officials are reacting to possibly illegal treatment of workers in a Chinese-owned factory in the Dayton area that was exposed in … Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. Facebook Twitter Reddit Email RSS Feed Newsletter Donate. If you don’t mind turning off your ad-blocker and giving it a try without, I’d appreciate it. Last week TechCrunch reported that Reddit was raising $150 million from Chinese tech giant Tencent and up to $150 million more in a Series D that would value the … Reddit (/ ˈ r ɛ d ɪ t /, stylized in all lowercase) is an American social news aggregation, web content rating, and discussion website.. Do not make any investment decisions based on the information in those article. While China has censored content outside of its borders before, it’s usually with Chinese native apps that are tied to mainland accounts. If I were China, I would devote this website to exposing the US government, the corrupt elite, and other people who use an irrational and unjustifiable amount of power to gain tremendous social, political, and economical advantages by abusing and exploiting the gullibility and stupidity of the American people. In China, Tencent holds double-digit stakes in online search company Sogou, online classifieds platform Wuba, app maker Cheetah Mobile, e-commerce giant JD.com, and … China has nearly 705 million internet users — more than two times the U.S. population. Do you own due diligence. faces blacklash for keeping lockdown formulas SECRET. If you’re running an ad-blocker it’s costing me money. 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