China Cyber Information Plant (CAC) enhances the regulation of the adolescent target Internet platform.
According to Hong Kong South Morning Post (SMCP), CAC announces a draft of a new regulation that makes it more difficult to benefit from video games, live streaming, and social media services for Internet users under 18 years of age 180 million did.
This provision released on the 21st of last month, which has been regulated in a nominal that protects youth from Internet services. In addition to social media as well as games, live streaming, audio, and video, encompass all online services.
In particular, all online service providers must set the “Youth Mode” at the same time specifying clear restrictions on the use time, content, and functions. Here you should limit the time you can send online and restrict all one-time purchases and accumulated daily spending.
Major companies such as Tencent have already launched the ‘Youth Mode’ function, but it will lead to a high cost for new regulations.
This regulation is to take responsibility for emphasizing the responsibility and obligations of platforms that protect the online content addiction system of adolescents, improve and improve online expenditure, as well as the online expenditure limitations.
Immediately after this, Tencent share price is 10% and Netsze down. The ability of companies focusing on the Internet business. Live Streaming Platform Billy Billy has declined 13%, a 19%, short video sharing app Kwaiouou Technology.
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