CCTV
China said to launch VC funds for hard tech
China’s new venture capital funds will target investments in advanced tech sectors, with over US$7.1 billion each.
China’s AI virtual character market to hit $3.5b by 2029: report
The sector reached US$576 million in 2024, up 85.3% year-on-year. The forum took place in the China International Intelligent Communication Forum.
Rough day for Jack Ma: state media attacks Alibaba for fake orders and Ele.me for fake restaurants
Alibaba and Alibaba-backed Ele.me both got blasted over fakes in this year’s World Consumer Rights Day report.
Alibaba’s wallet app to give away $120m in live TV tie-up
The bumper cash handout will happen on the Chinese New Year TV gala show. It comes as Alibaba battles WeChat to be China’s top mobile wallet service.
Skynet achieved: Beijing is 100% covered by surveillance cameras, and nobody noticed
China’s video surveillance network – which is seriously and unironically called Skynet – just got taken to the next level.
China’s state TV accuses iPhone of ‘stealing data,’ costing users $10 a month
CCTV says that the Apple iPhone is wasting a ton of data in standby mode. And they don’t like those undeletable pre-installed apps either.
Chinese state TV to take aim at the internet industry for Consumer Rights Day
World Consumer Rights Day is March 15, and every year Chinese state TV network CCTV runs a pro-consumer show exposing anti-consumer practices. This year the target of that program is China’s internet industry. Brace for impact.
Chinese New Year TV extravaganza uses WeChat in an amazing way to give out $80M in cash
China’s state TV extravaganza for Chinese New Year’s Eve is getting a social media twist this year – and also a pile of cash.
Tencent, PPTV, and more in trouble with authorities for “hyping vulgar content”
China’s censors aren’t a big fan of sexy photos. At least not when they’re being used by internet companies to “hype” things and attract reader and viewer eyeballs.
China’s state TV network just launched a food ecommerce site
If, at the beginning of this week, you had asked me what kind of businesses Chinese state-run media network CCTV might be planning to spin-off, a food ecommerce site would



