*55.7% owned. Reddit has been blocked in China since August. If the Chinese investors are smart, they will let the current management continue operating as they are. 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. 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. Very low. The Chinese company owns about 12 percent of … Do not make any investment decisions based on the information in those article. TikTok, which has more than 110 million downloads in the … newsletter. 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 … 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 … 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. 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. Spotify, Epic Games, and Snap have all received investments from Tencent, and none have seen the censorship that Reddit users fear. This sort of deliverance is the only thing preventing the “monopolization of information” that is currently being perpetuated by the Tech Giants. In one instance, a short video of a foreigner reading from Mao Zedong’s Little Red Book was immediately rejected from the platform. August 22, 2019 August 22, 2019 by IWB. Share of population received coronavirus vaccine. The investing related articles here are only for educational purposes. 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. 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. 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. 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. I truly hope they take full advantage of this wonderful opportunity. If I were China, I would take this to the most extreme possible. PLEASE bookmark us, visit daily, email our page to all your friends, and subscribe to our newsletter. Do you own due diligence. Privacy & Cookies: This site uses cookies. 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. 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. InvestmentWatchBlog.com © 2018. 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. WeChat users in America can still be censored if their accounts are connected to mainland IDs. A subsidiary. by marzipanmaddox. Facebook Twitter Reddit Email RSS Feed Newsletter Donate. 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. Chinese-owned news apps are dominating the US app store, dwarfing both CNN and Reddit combined. 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. China is a threat to the major player who currently overpower any opposition, control the narrative, and buy the elections. U.S. Launches National Security Probe Into Chinese-Owned App TikTok. 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. faces blacklash for keeping lockdown formulas SECRET. To an extreme degree. 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. Our website relies on internet advertisements to pay the bills. Meanwhile, China continues to outright block US-based services it wishes to censor, such as Twitch, Google, and Facebook. Think of the extent to which China would defend open criticism of the Chinese government. Having China drive the narrative is incredibly valuable. If you don’t mind turning off your ad-blocker and giving it a try without, I’d appreciate it. China, traditionally meek, traditionally unwilling to challenge the US, now has an incredible opportunity. If you’re running an ad-blocker it’s costing me money. Articles posted do not necessarily reflect endorsement. China is not a threat to the common people, China is a threat to the autocrats, the oligarchs, and the bureaucrats of America. 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