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Tencent investment in Reddit sparks censorship worry


  • Tech News
  • Tuesday, 12 Feb 2019

News of Tencent buying into the popular social news website, which is banned in China, prompted concerns by some users that the platform could be vulnerable to the kind of online censorship that takes place in that country. — Dreamstime/TNS

News of Tencent buying into the popular social news website, which is banned in China, prompted concerns by some users that the platform could be vulnerable to the kind of online censorship that takes place in that country. — Dreamstime/TNS

SAN FRANCISCO: Reddit confirmed Feb 11 a new funding round that included a US$150mil (RM611.55mil) investment by Chinese technology behemoth Tencent, prompting concerns that “the front page of the Internet” might wind up censored. 

San Francisco-based Reddit raised a total of US$300mil (RM1.22bil) at a US$3bil (RM12.23bil) valuation, with investors including Andreessen Horowitz, Fidelity, Sequoia and Tencent, the company’s CEO told CNBC. 

Tencent , Reddit

   

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