China’s newest ‘decacorn’ doesn’t fear Facebook’s trial balloons

Two fascinating--and inter-related--China tech stories surfaced Friday. The first involved Facebook which, according to a report by The New York Times, has tip-toed back into the China market using a photo-sharing app called “Colorful Balloons”. The second involves a news aggregation site, Jinri Toutiao, who’s name literally means “today’s headline.”

The Times reports that Facebook authorized the release of Colorful Balloons--caise qiqiu (????) in Mandarin--on the Chinese...

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