Prosecutors in Beijing have initiated a civil lawsuit against a subsidiary of Tencent, saying the “youth mode” on the company’s popular social messaging app WeChat does not comply with laws protecting minors.
The lawsuit was initiated on Friday by Beijing’s Haidian district people’s procurator-ate against Shenzhen Tencent Computer Systems, according to a filing posted on JCRB.com, a website run by China’s top prosecutor, Reuters reported.
The document did not say how WeChat’s “youth mode” broke Chinese law. It said it could support other agencies and organizations that intended to bring lawsuits against the Tencent unit and asked them to contact the prosecutor’s office within 30 days.
Tencent did not immediately respond to a request for comment.
WeChat’s “youth mode”, when turned on, limits young users’ access to some games and functions, such as payments or finding nearby friends.
Chinese authorities have called for minors to be better protected from online dangers, a sentiment echoed by state media this week which criticised the video gaming industry as well as online platforms that help promote celebrity culture.
Tencent on Tuesday announced new curbs on minors’ access to its flagship video game, Honor of Kings, after its shares were battered by a state media article that described online games as “spiritual opium”.
Reuters reported in April that China was preparing a substantial fine for Tencent as part of its sweeping antitrust clampdown on the country’s internet giants. But it is likely to be less than the record $2.75 billion penalty imposed on Alibaba.
CHINA'S TECH CRACKDOWN WIDENS TO TENCENT FROM ALIBABA -NIKKEI
https://twitter.com/Fxhedgers/status/1424244906323693572
Lots of pain incoming for China tech next week. $TCEHY, the biggest tech company in China, is already down 45% from its peak and that might extend to 50% next week if this relentless sell pressure continues. The regulators just don't seem to let up and have the market have a breather.
Submitted August 08, 2021 at 02:02AM by GadnukBreakerOfWrlds https://ift.tt/3jysZKf
