China’s anti-pornography office has summoned 18 online video streaming and related media companies, including Douyu, Qiqiyi, Huajiao and Toutiao, asking them to strengthen video censorship, according to the authority’s website.
Chinese online video platform Qiyi.com Inc., a majority-owned subsidiary of Baidu Inc., has completed the issuance of convertible bonds worth US$1.53 billion to its parent and a group of investors, according to a company announcement.
Since an early age, Wang Jun has been fascinated with the fundamental philosophical question: What is life? The ex-CEO of Chinese genome sequencing giant BGI and founder of China’s highest-valued precision health start-up iCarbonX now aims to help people answer that question for themselves. Wang entered Peking University, China’s top university, at the age of 16 after achieving the highest college entrance exam score in his hometown of Dongtai county, in Jiangsu province. During the early 1990s, he pursued his …
CMC Holdings, an investment platform affiliated with China Media Capital (CMC), has made an undisclosed series B round in VS Media, a multi-channel online video network focused on supporting online video content celebrities.