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China Internet company consolidation

Summary:
Who knew? Social media is anti-social even in collectivist China where individualism is not a prevalent as in the West.Faith Popcorn foresaw this phenomenon emerging back in 1981. She called it "cocooning."Another related phenomenon is the emergence of "silos," which separate people into distinct groups based on identity, interest and affiliation. Advertisers love it, especially with the arrival of Big Data.This has already become an issue in the US. Now it looks like China will be "infected with this virus" too. "Viral" is now a meme.Sixth ToneIt’s Time to Pop China’s Online Filter BubblesFang ShishiConsolidation.China’s Music Aficionados Lament Loss of Streaming Service XiamiCai Xue JiaoSee alsoRTConsumers ‘targets of technical bullying’ by Chinese tech firms, [Chinese] watchdog warns

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Who knew? Social media is anti-social even in collectivist China where individualism is not a prevalent as in the West.

Faith Popcorn foresaw this phenomenon emerging back in 1981. She called it "cocooning."

Another related phenomenon is the emergence of "silos," which separate people into distinct groups based on identity, interest and affiliation. Advertisers love it, especially with the arrival of Big Data.

This has already become an issue in the US. Now it looks like China will be "infected with this virus" too. "Viral" is now a meme.

Sixth Tone
It’s Time to Pop China’s Online Filter Bubbles

Fang Shishi

Consolidation.

Cai Xue Jiao

See also

RT
Consumers ‘targets of technical bullying’ by Chinese tech firms, [Chinese] watchdog warns
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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