Reddit, which censors dissidents in America, is now being funded by Tencent, a multi-billion dollar company which censors dissidents in China.

From NewsBusters, “Chinese Censorship Company Invests Millions in Reddit”:

“What happens when the front page of the internet is funded by the company that made the Great Firewall in China?

Reddit, the internet forum for communities, posts, and news, is currently fundraising to keep itself afloat, with a $300 million goal. Half of that goal has already been met, thanks to a massive investment of $150 million from Chinese censorship company Tencent. The company is in charge of blocking, blacklisting and preventing internet access to certain groups, sites, and information in China. Ironically, Tencent is responsible for the banning of Reddit in China.
Probably a good decision on their part.”

TechCrunch reported that the majority stakeholder for Reddit used to be publisher Conde Nast. The majority stakeholder now is Advance Publishing. But Tencent’s massive investment gives it a boost in its status.
Conde Nast is also owned by Advance Publications which is owned by the Newhouse family.

[…]Tencent is now “literally reinventing censorship in China,” according toGizmodo. The company works closely with the Chinese government to ensure that the standards for censorship are met.
This strikes me as very appropriate.

No doubt they’ll be sharing their censorship techniques with one another!

Such are the wonders of globalization!

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Tuesday, June 5, 2018 – Governments And Social Media Companies Are Collaborating To Censor Anyone That Would Dare To Question Mainstream Media Narratives
The era of free and unfettered speech on the Internet is rapidly ending. All over the world, national governments are working very closely with social media companies to take control of “Internet news”. Up until recently, the Internet really was a wonderful marketplace of ideas, and ordinary people like you and I were empowered to share information with one another like never before in human history. But now the elite have seen the power that this can have, and they are cracking down hard. The term “fake news” has come to mean any source that would dare to question the official narratives that are being fed to us from the mainstream media, and in reality the push to censor “fake news” is really just an all-out effort to eliminate independent thought. Before the Internet, it was much easier for the elite to control the flow of information, and now they are taking unprecedented measures to control the flow of information in the digital age.

Monday, February 5, 2018 – China’s Surveillance State Should Scare Everyone
Imagine a society in which you are rated by the government on your trustworthiness. Your “citizen score” follows you wherever you go. A high score allows you access to faster internet service or a fast-tracked visa to Europe. If you make political posts online without a permit, or question or contradict the government’s official narrative on current events, however, your score decreases. To calculate the score, private companies working with your government constantly trawl through vast amounts of your social media and online shopping data.

Thursday, December 28, 2017 – Social network profile to become official ID in China
China’s largest social media network, WeChat, is set to become an official electronic personal identification system in the country, with a WeChat ID pilot program launched in Guangzhou’s Nansha District.

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