Advertisement
Canada markets open in 1 hour 58 minutes
  • S&P/TSX

    22,259.47
    +312.06 (+1.42%)
     
  • S&P 500

    5,180.74
    +52.95 (+1.03%)
     
  • DOW

    38,852.27
    +176.59 (+0.46%)
     
  • CAD/USD

    0.7311
    -0.0010 (-0.14%)
     
  • CRUDE OIL

    78.13
    -0.35 (-0.45%)
     
  • Bitcoin CAD

    87,580.81
    -262.66 (-0.30%)
     
  • CMC Crypto 200

    1,327.54
    -37.58 (-2.75%)
     
  • GOLD FUTURES

    2,323.90
    -7.30 (-0.31%)
     
  • RUSSELL 2000

    2,060.67
    +24.95 (+1.23%)
     
  • 10-Yr Bond

    4.4890
    -0.0110 (-0.24%)
     
  • NASDAQ futures

    18,158.75
    -36.75 (-0.20%)
     
  • VOLATILITY

    13.55
    +0.06 (+0.44%)
     
  • FTSE

    8,298.17
    +84.68 (+1.03%)
     
  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     
  • CAD/EUR

    0.6787
    -0.0005 (-0.07%)
     

Tencent asks Douyin to start showing some copyrighted content

FILE PHOTO: A Tencent logo is seen at its booth at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing

BEIJING (Reuters) - ByteDance's Douyin, the Chinese version of TikTok, said on Friday it had received a request from Tencent to allow short videos, based on Tencent's copyrighted films and TV shows, to be shown on Douyin.

Tencent's move meets the requirement from Chinese regulators to create an open internet, Douyin said in a statement, adding "we are pleased that Tencent's copyrighted content can be shared on Douyin".

Tencent said on Friday it was trialling a project to gradually allow third-party creators to use some of its copyrighted content in their works, and had issued invitations to other platforms to help promote them.

The breakthrough follows years of tense relations between the two social media rivals and reprimands this year from Chinese regulators about the tech industry's "walled gardens" practice that prevents rivals' links and services from being shared on their platforms.

ADVERTISEMENT

In August, Douyin removed thousands of user-generated videos related to a television series produced by Tencent Video after the latter filed a copyright infringement lawsuit against the company.

ByteDance also said in the Friday statement it had repeatedly applied to Tencent's messaging app WeChat to restore the sharing and login functions of Douyin and its video-streaming app Xigua.

WeChat users currently can share Douyin and Xigua links if they update to the latest version. Tencent declined to comment on this.

(Reporting by Yingzhi Yang and Brenda Goh; editing by Barbara Lewis)