Internet company

2022.03.28

07:44

Xiaomi loses case of dismissing employee for incompetence

Asian Tech Press (Mar. 28) -- Chinese smartphone maker Xiaomi Corp (1810. HK) lost the final trial in the case of dismissing an employee for her incompetence.

2022.03.15

13:00

Reuters: Tencent's woes make case for breakup

Asian Tech Press (Mar. 15) -- A breakup may become a radical but simple way for Tencent (0700.HK) to better manage regulatory risk amid growing industry pressure in China, Reuters opined.

09:16

China Internet regulator sends team to social media firm Douban

Asian Tech Press (Mar. 15) -- China's Internet regulator sent a team to social media firm Douban, urging it to clean up the "serious online mess" that has emerged on the platform.

2022.03.14

10:55

Tencent remains in "winter" amid regulatory crackdown

Asian Tech Press (Mar. 14) -- The cold winter for Chinese Internet companies has not been slightly tempered by the arrival of spring.

06:08

Kakao founder steps down from board

Asian Tech Press (Mar. 14) -- Kim Beom-soo, the founder of South Korean Internet giant Kakao Corp. (KRX: 035720), has stepped down from the board of the company.

2022.03.07

13:00

Bilibili is falling down

Asian Tech Press (Mar. 7) -- Bilibili Inc (BILI:NASDAQ GS), also nicknamed B Site, a cultural community and video platform for China's young generation, is one of the Internet players with the most powerful presence since the beginning of the year.

2022.02.25

04:58

No layoffs, Baidu says it's a normal workforce optimization

Asian Tech Press (Feb 25) -- Chinese search engine giant Baidu Inc. have reportedly started layoffs of 10%-15% in its several business lines.

2022.02.18

17:00

Tencent's WeChat trials "1065" work schedule amid criticism of "996"

Asian Tech Press (Feb 18) -- Tencent's flagship product WeChat is trialling the "1065" work schedule for employees amid criticism of "996".

2022.02.11

08:50

China's Quora-like Zhihu said to cut about half of employees in video department

Asian Tech Press (Feb 11) -- It is rumored that Zhihu Inc., the Chinese Quora-like question-and-answer website, is laying off staff in a low-key way, with almost half of the video-related departments being cut.

2022.02.09

06:32

China's Bilibili announces hiring more staff to quell overwork debate

Asian Tech Press (Feb 9) -- Bilibili Inc (BILI:NASDAQ GS), one of China's largest video platforms, announced the hiring of more employees, after the sudden death of an employee has sparked heated debate about overwork.

2022.01.12

09:50

Yahoo Japan allows employees to work anywhere, commute by air

Asian Tech Press (Jan 12) -- Yahoo Japan will reportedly allow its 8,000 employees to work anywhere in the country and even commute by plane when their jobs require it, bucking a growing trend in which companies want to bring employees back to the office in the third year of COVID-19.

04:01

Pony Ma says Tencent is just an ordinary company and can be replaced at any time

Asian Tech Press (Jan 12) -- Tencent is just an ordinary company and can be replaced at any time, founder and CEO Pony Ma Huateng said at a 2021 end-of-year staff meeting, according to Chinese media reports.

2021.10.05

15:23

Facebook says 'faulty configuration change' is root cause of six-hour outage

Asian Tech Press (Oct 5) -- The social media giant Facebook Inc (FB:NASDAQ GS) said in a post Monday evening that "a faulty configuration change" was the root cause of the day's outage across its platforms.

2021.09.09

06:24

Employees' pays drop 17% as ByteDance ends compulsory weekend overtime

Asian Tech Press (Sep 9) -- Some Chinese employees complained about a 17% general pay cut after the end of compulsory weekend overtime at ByteDance Ltd., the most popular non-gaming app worldwide TikTok's parent company.

2021.08.31

04:36

Sea CEO becomes the new richest man in Singapore, worth $19.8 billion

Asian Tech Press (Aug 31) -- Forrest Li, co-founder, chairman and CEO of Singapore-based Sea Ltd (SE:New York), Southeast Asia's largest Internet company, has become the city-state's new richest person, worth $19.8 billion, Bloomberg reported Tuesday.

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