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Deepti Sri · · 1 min readReport: Tencent exec held by Chinese authorities over corruption allegations
“Chinese tech giant Tencent said a company executive is being held by Chinese authorities over allegations of ‘personal corruption,’ after a media report said that the move was linked to the sharing of personal data from its popular WeChat app,” reported Reuters.
Details:
- A Tencent executive is allegedly being held by Chinese authorities as part of an inquiry into a high-profile corruption case involving one of the country’s former top law enforcement officials.
- The Chinese antigraft inspector has been investigating the executive, named Zhang Feng, since early last year for his reported unauthorized sharing of personal data collected by Tencent’s WeChat.
- However, Tencent confirmed with Tech in Asia that the case relates to allegations of personal corruption and has no relation to Weixin or WeChat.
Context:
- The move comes after a General Motors China venture, SAIC General Motors Corp, and ByteDance logged complaints against Tencent’s monopolistic practices.
- Chinese regulators have also finalized rules to root out monopolistic practices in the internet industry, highlighting the need to rein in the country’s tech giants.
Editing by Collin Furtado and September Grace Mahino
(And yes, we’re serious about ethics and transparency. More information here.)
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