By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Live Trading NewsLive Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
Reading: Tencent, Alibaba and TikTok and Deep Fakes
Share
Live Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Follow US
© 2024 LiveTradingNews.com - All Rights Reserved.
Live Trading News > Blog > Headline News > Tencent, Alibaba and TikTok and Deep Fakes
Headline News

Tencent, Alibaba and TikTok and Deep Fakes

Shayne Heffernan Ph.D.
Last updated: March 18, 2021 7:52 am
Shayne Heffernan Ph.D.
Share
3 Min Read
Tencent, Holding, China, HKG, 0700, Shayne Heffernan, Asia, HEFFX, Highlights
Tencent, Holding, China, HKG, 0700, Shayne Heffernan, Asia, HEFFX, Highlights
SHARE

Chinese authorities on Thursday said they had summoned 11 tech companies including Tencent, Alibaba and TikTok owner ByteDance for talks on “deep fakes” and internet security, as regulators try to reel in the country’s runaway digital sector.

The Cyberspace Administration of China (CAC) said talks concerned “voice software that has yet to undergo safety assessment procedures”, as well as the application of “deep fake” technology.

It also said companies should report to the government plans to add new functions that “have the ability to mobilise society”.

China has in recent months taken a tough line on the country’s fast-growing tech firms, with 12 companies hit with fines last week for allegedly flouting monopoly rules.

Authorities last year halted a record $34 billion initial public offering by Alibaba fintech subsidiary Ant Group.

They called in its billionaire founder Jack Ma and then opened an investigation into Alibaba business practices deemed anti-competitive.

The latest summoning of big tech also involves companies such as smartphone maker Xiaomi, TikTok rival Kuaishou, and music streaming service NetEase Cloud Music, the CAC said.

The aim is to ensure they comply with regulations, carry out safety assessments, and take “effective rectification measures” if potential hazards are found.

In 2019, China issued rules banning online video and audio providers from using artificial intelligence (AI) and virtual reality technologies to produce “fake news”.

“Fake news” has been generalised to mean anything from a mistake to a parody or a deliberate misinterpretation of facts.

Regulations stress the dangers of “deep fakes”, meaning technology that manipulates videos to appear genuine but depict events or speech that never happened.

The CAC notice comes shortly after China blocked the US invite-only audio app Clubhouse.

The app briefly flickered in the mainland before vanishing but has since sparked a number of copycats.

President Xi Jinping on Monday warned about risks surrounding “platform” companies — a term that could refer to mobile and internet firms — and called for greater oversight of the sector.

You Might Also Like

Catholics and Muslims in Israel: A Call for Greater Political Voice

Qatar’s Venture Capital Surge

The U.S. Dollar: Trump Cannot Save It—Buy Gold and Bitcoin

Quo Vadis: A Defining Moment in Church History

The Papal Tiara: A Crown of Earth and Heaven

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

Subscribe our newsletter for latest news around the world. Let's stay updated!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
By Shayne Heffernan Ph.D.
Follow:
Shayne Heffernan Ph.D. Economist at Knightsbridge holds a Ph.D. in Economics and brings with him over 40 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Crypto, Mining, Shipping, Technology and Financial Services.
Previous Article Thursday’s World Stock Markets: Asia-Pacific
Next Article Amazon is diving into Bollywood


Latest News

Founders Pitching and Power Networking with SEA Region Decision Markers
Featured Headline News KXCO Guide May 6, 2025
How to Protect Your Portfolio Against Global De-Dollarization
America Asia China China Stocks Headline News Middle East Most Popular Opinion Shayne Heffernan Shayne Heffernan Start Ups Stocks May 6, 2025
Target150 Stem Cell Therapy and Wellness in Thailand
Featured Headline News Lifestyle Lifestyles of the RIch and Famous Living Luxury Most Popular Thailand May 6, 2025
The End of the Dollar Is Nigh
Asia Crypto Economy Headline News May 6, 2025

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
4.4kFollowersFollow
//

Stay informed with LiveTradingNews.com – your ultimate destination for timely and insightful updates on global markets, finance, and investment trends. Explore the latest news and analysis to empower your trading decisions.

Quick Link

  • About us
  • Advertise
  • Send us a tip!
  • Privacy Policy
  • Contact us

Top Categories

  • Knightsbridge Insights
  • Featured
  • Stocks
  • Shayne Heffernan
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Subscribe our newsletter for latest news around the world. Let's stay updated!

Live Trading NewsLive Trading News
Follow US
© 2025 LiveTradingNews - For The Traders, By The Traders – All Right Reserved By Knightsbridge Group
Welcome Back!

Sign in to your account

Register Lost your password?