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The Latest Breaking News from WeChat

Shanghai says water supplies 'normal' after shortage scare sparks hoarding

Authorities in the Chinese financial hub of Shanghai have told citizens that municipal water supplies remain "normal", dispelling rumours of shortages and quality issues that led to a wave of panic-buying throughout the city on Tuesday.

Reuters

Musk's "super app" vision

Twitter's likely new owner wants to turn it into an all-purpose app modeled on China's WeChat.

Axios

How Elon Musk plans to use Twitter for creating an 'everything app'

Elon Musk's purchase of Twitter could lead to the formation of a WeChat-like "everything app" called X.

Inverse

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Elon Musk's 'X' App To 'Rule Them All' Gets Twitter Kickstart — But What Form Could It Take?

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said purchasing Twitter Inc (NYSE: TWTR) would hasten the birth of “X” an app for everything, but the shape the upco

Benzinga

Uyghurs living under COVID-19 lockdowns in Xinjiang face food shortages, family separations

Australia's Uyghur community say relatives in China face food shortages and family separations, but are too scared to ask for help as they continue to live under a COVID-19 lockdown in the western region of Xinjiang.

ABC News

Cango Adds Used Cars, New Core App as Business Hits Second-Quarter Speed Bump

Key Takeaways: Cango’s revenue fell 69% in the second quarter due to disruptions from China’s strict Covid controls, but it forecast the figure would start to rebound in the current quarter

Benzinga

Tiktok denies huge security breach as hacker claims to have a billion users details

Posts on a hackers' forum claim a group of users are in possession of a database of social media users - including many children who use the site - from both TikTok and WeChat, popular in China

Daily Mirror

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Thousands call new Chinese domestic violence helpline app

Thousands of Chinese women have called a new domestic violence helpline app within days of its launch, its founder said.

Reuters

China accused of blocking posts from supporters of Minnesota student who accused Chinese billionaire of rape

Chinese activists allege that their posts about the Minnesota court case are being silenced and accounts blocked

The Independent UK

Chinese youth opt out of the rat race in search of personal peace

Young people are abandoning demanding careers and ditching consumerism championed by the ruling communist party.

Al Jazeera

Patriotic fervour erupts on Chinese social media over Pelosi's Taiwan visit

The sight of the U.S. House of Representatives Speaker Nancy Pelosi arriving in Taiwan late on Tuesday was too much to bear for many mainland China internet users, who wanted a more muscular response from their government.

Reuters

China sent tanks through beach as Nancy Pelosi prepared to touch down in Taiwan

China’s foreign minister denounced the visit and warned of ‘serious consequences’

Evening Standard

Chinese Booster Rocket Makes Uncontrolled Return to Earth

A Chinese booster rocket made an uncontrolled return to Earth on Saturday, leading US officials to chide Beijing for not sharing information about the potentially hazardous object's descent. US Space Command "can confirm the People's Republic of China (PRC) Long March 5B (CZ-5B) re-entered over the Indian Ocean at approx…

Asharq Al-Awsat

China Pushes to Quell Protests Over Billion-dollar Banking Scandal

The scandal has drawn national attention as Beijing is struggling to maintain economic growth in the face of President Xi Jinping's commitment to a zero-Covid policy that has prompted widespread lockdowns and a resulting economic slowdown.

The News Lens

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Benzinga

Yeahka Ramps Up E-Commerce Bid, But Investors Cash Out

Key takeaways: Yeahka’s push into the highly competitive e-commerce space comes as growth slows for its core mobile payments business Company’s stock has fluctuated since its 2020 listing, and now trades near its IPO price after a roaring start in early 2021 By Trevor Mo

Reuters

China censors strive to filter or erase details of mortgage protests

As China grapples to contain a mortgage boycott that has triggered rare protests, censors have gone into overdrive with social media messages blocked, videos of demonstrations wiped and key word searches coming up blank.

The Guardian - UK

Influence Empire by Lulu Chen review – the story of China’s Tencent

A fascinating study of the tech giant and its symbiotic relationship with the Chinese government

Businessweek

WeChat Is China’s Most Beloved (and Feared) Surveillance Tool

This one app became so powerful that it could have posed a real threat to Beijing’s rule, the new book Influence Empire reveals.

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news in one place.

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Benzinga

China Cracks Down On Counterfeit Investment Platforms

China's cyberspace regulator has cracked down on counterfeit investment platforms, Reuters reports.

Benzinga

Why China's JD Is Giving Rival Tech Giant Tencent An Additional $220M Stake

Chinese e-commerce giant JD.Com Inc (NASDAQ: JD) on Wednesday said that it renewed its strategic cooperation agreement with the tech and gaming giant Tencent Holdings (OTC: TCEHY) for a period of three years.

Los Angeles Times

As China shuts out the world, internet access from abroad gets harder too

TAIPEI, Taiwan — Most internet users trying to get past China's Great Firewall search for a cyber tunnel that will take them outside censorship restrictions to the wider web. But Vincent Brussee is looking for a way in, so he can better glimpse what life is like under the Communist…

Benzinga

Macro Headwinds Accelerate Cango's Drive to Car Trading from Auto Finance

Key Takeaways: Cango’s revenue fell 30% in the first quarter, led by a 74% decline in its legacy auto financing business that the company is de-emphasizing in favor of broader auto trading services

Asharq Al-Awsat

Universal Beijing Resort to Reopen on June 25 as COVID Cases Drop

The Universal Beijing Resort said on Wednesday it will reopen on June 25 after being closed for nearly two months, as the number of new COVID-19 cases in the Chinese capital falls. The resort said on its official WeChat account that after it reopens, all visitors must show a negative…

Benzinga

Macro Headwinds Accelerate Cango's Drive to Car Trading from Auto Finance

Key Takeaways: Cango’s revenue fell 30% in the first quarter, led by a 74% decline in its legacy auto financing business that the company is de-emphasizing in favor of broader auto trading services

Asharq Al-Awsat

TikTok Says Oracle to Keep US User Data Safe

TikTok on Friday said Oracle will store all the data from its US users, in a bid to allay fears about its safety in the hands of a platform owned by ByteDance in China. The announcement came as the popular video snippet sharing service fended off concerns about the ability…

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