How China’s Most Popular App Spies on Users for Beijing

Greetings from Hong Kong. Clay Chandler here, filling in for Alan with our weekly Sino-Saturday edition of CEO Daily. I’ve written a lot about the wonders of WeChat, the multi-functional “super app” operated by China’s Tencent Holdings. I’m not alone in considering WeChat one of the world’s most innovative digital platforms. Launched in 2011 as […]

CEO Daily: Surveillance Capitalism with Chinese Characteristics

Like the memes it incubates and spreads, TikTok, the Chinese lip-synching app that boasts more than half a billion global users, has gone viral this past month–at least in the global business press. Fortune‘s Ellen McGirt was among the many observers to marvel that country trap artist Montero Hill (a.k.a. Lil Nas X) was able […]

Charting the Rise of ‘Surveillance Capitalism’

Capitalism got its start in 16th century Europe through mercantilism, a system in which merchants moved goods and marked up prices between markets. Two centuries later, Adam Smith, the Scottish philosopher of “invisible hand” renown, used writings by his own hand to help prop up industrial capitalism, a regime that manifested in factories, mass-produced goods, […]