Xi: China won't close doors to global internet, includes Apple and Facebook execs at cyber forum
Chinese leader Xi Jinping has stated that the country will not close its doors to the global internet but maintains that “cyber sovereignty is key in its vision of internet development.”
He stated this via a note at a cyber policy forum in Wuzhen, western China, the largest of its kind in the country, which was overseen by the Cyberspace Administration of China.
His note was read out by Huang Kumming, head of the Communist Party’s publicity department.
It continued: “The development of China’s cyberspace is entering the fast lane… China’s doors will only become more and more open.”
This reflects the theme of the Communist Party Congress in October which emphasised that China would “only be opened wider” to international business.
However, internet regulations have increased in China over the past year with new rules requiring firms to store data locally, among other measures. China has also banned cryptocurrency trading but is said to be developing its own.
While China’s regulators say the rules are designed to protect personal privacy and counter attacks on core infrastructure, businesses feel that they are unfair toward foreign business.
The conference was attended by foreign executives such as Apple CEO Tim Cook and Sundar Pichai from Facebook, a platform currently banned in China but hoping to improve relations.
Top executives from Alibaba, Tencent and Baidu were also present.
Amobee Appoints Nick Brien As CEO
In its latest strategic move, Amobee—a global multimedia advertising leader—announced that Nick Brien will be its Chief Executive Officer. The company is entirely owned by Singtel, Asia’s leading communications technology organisation, which provides consumers with mobile, broadband, and TV and businesses with data hosting, cloud, network infrastructure, analytics, and cybersecurity tools.
Brien, who has worked for Microsoft, Intel, P&G, and American Express, will take over to drive the next generation of advertising tech. Said Evangelos Simoudis, Chairman of the Board of Amobee: ‘Nick has the deep expertise in advertising that we need to seize the market opportunities ahead’.
How Did Brien Get Here?
Before joining Amobee, Brien led 15,000 people across 40 divisions as CEO of the Americas for Dentsu International. For thirty years, he’s helped brands pilot unique advertisements, keeping up with the latest trends. He’s served as CEO of McCann Worldgroup, global CEO of IPG Mediabrands, President of Hearst Marketing Services, and CEO of iCrossing. Over the course of his career, he’s consistently strategised how to keep up with digital shifts. Now, he’ll capitalise on Amobee’s legions of experienced data scientists and developers.
‘I’m excited to be joining Amobee at such a transformative time in our industry’, Brien explained. ‘We’ll pilot advertising accountability and intelligent decisioning. And there’s no doubt in my mind that optimising media performance—whether you’re targeting, planning, buying, or delivering—can only be achieved using applied science, machine learning, and data analytics’.
What Does This Mean for Amobee?
Amobee is set on growing its personal brand within the advertising sector. As APAC social media influencers, Gen Z growth hackers, and viral content producers start to enter the field, established companies will be working doubly hard to keep up. Amobee, however, is still looking good. With a Gartner Magic Quadrant for Ad Tech, a Forrester New Wave recognition, and now, Nick Brien as CEO, the firm is set up for success.