Space Travel News
CYBER WARS
Chinese livestreamer says missing boss has been arrested
Chinese livestreamer says missing boss has been arrested
by AFP Staff Writers
Shanghai (AFP) Nov 21, 2023

Leading Chinese livestreaming platform DouYu said Tuesday its boss had been arrested, after having not been seen in public for weeks and following an investigation into illegal content on the site.

DouYu founder and CEO Chen Shaojie has not been seen since October, with industry insiders suggesting this was related to suspected gambling during a livestream, government-run outlet The Paper reported earlier this month.

On Tuesday the company said it had been told Chen was arrested "on or about November 16" in the southwestern city of Chengdu.

"The Company has not received any official notice of the investigation against Mr. Chen or the reasons for Mr. Chen's apparent arrest. The Company cannot comment on the nature or expected timeline of subsequent legal proceedings, if any, that may follow," DouYu said in a statement posted on its website.

It admitted the ongoing detention "may have a material adverse impact" on the company, but said it was operating normally.

DouYu is backed by Chinese tech giant Tencent and is US-listed with a market capitalisation of $268 million.

Livestreaming is a multimillion-dollar phenomenon in China, generating huge profits for e-commerce giants and popular influencers alike.

But Beijing has sought to crack down on perceived immoral content in the booming industry, launching probes into several top platforms and targeting prominent influencers.

Authorities conducted a sweeping investigation into DouYu in May over concerns about pornography and other "vulgar" content.

Several of China's leading financiers and businesspeople have fallen from grace in recent years, with an intense crackdown on alleged corruption pushed by President Xi Jinping showing no sign of abating.

Bao Fan, the billionaire chairman and executive director of investment bank China Renaissance, went missing this year and was later revealed to be "cooperating" with an official investigation.

The former boss of China's state-owned banking giant Everbright Group, Li Xiaopeng, was arrested last month on charges of taking bribes.

And in September, the former chairman and Chinese Communist Party chief of China Life Insurance, Wang Bin, was sentenced to life in prison for corruption.

Related Links
Cyberwar - Internet Security News - Systems and Policy Issues

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
CYBER WARS
Canadian claims he was used by Ottawa for intelligence gathering in China
Ottawa (AFP) Nov 20, 2023
A Sino-Canadian row reared its head on Monday after one of two Canadians jailed by China for nearly three years claimed he was unwittingly used for intelligence gathering and is seeking compensation from Ottawa. Beijing's 2018 to 2021 detentions of Canadians Michael Spavor and Michael Kovrig had plunged bilateral relations into a deep freeze. Spavor reportedly now blames Kovrig, with whom he had provided information on North Korea, unaware that it would be shared with Canada and its intelligence ... read more

CYBER WARS
CYBER WARS
NASA uses two worlds to test future Mars helicopter designs

Spacecraft fall silent as Mars disappears behind the Sun

The Long Wait

Here Comes the Sun: Perseverance Readies for Solar Conjunction

CYBER WARS
Bulgaria signs Artemis Accords at NASA Headquarters; Joins 31 Nations

University of Bern's LIMS Set to Uncover Moon's Mysteries in 2027

Lunar Mysteries Unraveled: Topographic Connection to Swirls Discovered

Astronaut who led humanity's first mission around the Moon dead at 95

CYBER WARS
Juice burns hard towards first-ever Earth-Moon flyby

Fall into an ice giant's atmosphere

Juno finds Jupiter's winds penetrate in cylindrical layers

Salts and organics observed on Ganymede's surface by June

CYBER WARS
Webb detects water vapor, sulfur dioxide and sand clouds in the atmosphere of a nearby exoplanet

Webb follows neon signs toward new thinking on planet formation

Supporting the search for alien life by exploring geologic faulting on icy moons

NASA data reveals possible reason some exoplanets are shrinking

CYBER WARS
US 'strongly condemns' N. Korean space launch

Report Forecasts Significant Growth in Hypersonic Flight Market by 2030

UK Space Agency backs Orbit Fab's innovative refueling interface, GRASP

SpaceX Starship disintegrates after successful stage separation

CYBER WARS
China's BeiDou and Fengyun Satellites Elevate Global Weather Forecasting Capabilities

New scientific experimental samples from China's space station return to Earth

Shenzhou XVI crew return after 'very cool journey'

Chinese astronauts return to Earth with fruitful experimental results

CYBER WARS
Hera asteroid mission hears the noise

Hayabusa2 Unveils New Clues on Solar System's Beginnings from Asteroid Samples

SwRI-led Lucy observes first-ever contact binary orbiting an asteroid

SwRI-led Lucy mission shows Dinkinesh asteroid is actually a binary

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.