People.cn is a publicly listed subsidiary of The People's Daily, the official newspaper of the Chinese Communist Party; its fortunes are rising and rising with no end in sight as it markets itself as an outsource censorship provider who combine AI and a vast army of human censors to detect and block attempts to circumvent censorship through irony, memes, and metaphors.
Analysts praise People.cn for its "precise grasp of policy trends," and the company's customers agree, using People.cn's censorship service to block content in apps and on social media.
Full-year net income is expected to have risen as much as 140 percent, People.cn said in late January, the biggest annual increase since 2011. That would mean net profit of as high as 214.8 million yuan ($31.93 million).
Revenue from its censorship business is forecast to have jumped 166 percent last year, the company said in a filing to the Shanghai Stock Exchange.
Encouraged by surging revenue, People.cn is raising a bigger army of censors. This month, it signed a strategic deal with the government of Jinan in eastern Shandong province to help the city become China’s censorship capital.
Censorship pays: the Chinese Communist Party's newspaper expands lucrative online scrubbing business
(via Naked Capitalism)
The head of Iran’s coronavirus government task force who urged the public not to freak out about the epidemic while coughing and sweating profusely has tested positive for the illness himself, authorities said Tuesday. New cases of COVID-19 originating in Iran are now rapidly popping up across the Middle East. The coughing and heavily sweating […]
In Switzerland today, a 70-year old man tested positive for the coronavirus in the southern canton of Ticino, right next to the border with Italy, say Swiss health authorities. This is the first case of COVID-19 in Switzerland, and authorities say the man was likely exposed in Italy.
The Dow Jones Industrial Average plummetted more than 1,000 points as news of a spreading coronavirus outbreak suggests wider coming damage to the global economy.
Is it just us, or does it feel like winter hasn’t been as horrendous as usual this year? Well, stats show it’s actually been one of the warmer winters on record so far this year for many eastern U.S. cities in January and February. But, almost on cue, weather experts warn signs of a serious […]
While mobile devices are all but essential and the center of so many individual universes these days, find one person who loves their wireless plan with that type of passion. Check around. We’ll wait… Didn’t find anybody, did you? That’s because most wireless plans are designed for the convenience of the provider and will nickel-and-dime […]
In the early days of the web, everyone wanted a .com domain for their site. As a result, all the good ones got snapped up. But .com no longer has the cachet it once did. In fact, many new businesses and individuals are opting for other top-level domain extensions. One of the most memorable is […]