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BBCNEWS World Business Report June 4, 2024 10:41:00

An impact on shares. for example, shares in the video service bilibili, it dropped about 7% on the news. kuaishou, which is a video sharing platform, it was down about 3.5%. and tencent, which is the company behind wechat, it lost 3%. now, many are saying this could create a real headache for tech companies, if you think about the amount of money and time and effort it s going to cost to implement it, as well as the risks of noncompliance. and those risks, of course, are both regulatory as well as financial. and some are saying perhaps that we mayjust see youth banned or young people banned altogether from these platforms. it s also certainly not the first time that we ve seen a crackdown from beijing on the young people s use of technology and screen time in recent years. for example, back in 2021, we saw them implement a curfew on young people using video games and some platforms such as douyin, which is owned by bytedance, the company behind tiktok, has already got teenage modes, an ....

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China's Tencent says it is expanding testing of 'Hunyuan' AI model, ET Telecom

In a statement sent to Reuters on Thursday, Tencent said its foundation AI model named "Hunyuan" has been integrated with a range of products such as Tencent Cloud, Tencent Meeting and Tencent Docs. ....

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Elon Musk Really Wants to Turn Twitter Into Wall Street

The billionaire Twitter/X owner is ignoring Robinhood and eToro as he signals his plan to create a ‘trading hub’ inside the microblogging app. ....

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SYDNEY (Reuters) A Senate committee investigating how foreign powers use social media to interfere in Australia has recommended a swath of rul ....

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