China censors strive to filter or erase details of mortgage protests
As China grapples to contain a mortgage boycott that has triggered rare protests, censors have gone into overdrive with social media messages blocked, videos of demonstrations wiped and key word searches coming up blank.
Tencent, Alibaba and Didi fined for old unreported merger deals
Offenders, which also include Bilibili and Weibo, have been fined nearly US$75,000 for each case, some dating back as early as a decade ago.
Zomato loses $1.1 billion of market value in two days after Blinkit deal
Zomato tumbled 8.4% in Mumbai trading on Tuesday on top of a 6.6% drop on Monday
China's Tencent to launch flagship game 'Honor of Kings' worldwide
China's Tencent Holdings said on Wednesday that it will release its flagship mobile game "Honor of Kings" globally by the end of the year as the domestic internet giant pivots to the international gaming market.
Tencent’s Pony Ma pledges to serve society despite slower growth
Pony Ma Huateng, founder and chief executive of Tencent Holdings, said the company will keep moving towards serving society despite slower business growth, in a statement that echoes similar pledges that began last year.
China’s zero-Covid policy helps yuan to 12-month low
The Chinese yuan slumped to its lowest point in more than a year and equities closed lower, as the government’s pledge to strengthen its zero-Covid policy stoke
Tencent’s WeChat to reveal user locations on platform posts
China's most popular messaging service WeChat it will begin revealing users' locations when they post on the platform, it said on Friday.
KPMG to cash in on tech funding boom with new venture
The audit giant is buying a 50% stake in Acceleris as it seeks to capitalise on growing demand from early-stage companies for advice on raising external funding, Sky News understands.
Tencent shuts down video game streaming arm as crackdown weighs
Chinese social media and gaming giant Tencent Holdings will shut down its Penguin Esports unit by early-June, it said on Thursday, as it streamlines its businesses following a regulatory crackdown.
Huawei pays out $9.65 billion in dividends to current and retired staff
Huawei Technologies (HWT.UL) paid out dividends totalling 61.404 billion yuan ($9.65 billion) to current and retired workers in its employee shareholder scheme, according to a filing with the Shanghai Clearing House.
TikTok owner ByteDance denies speculation over its advertising revenue
A Chinese social media post alleges that ByteDance may have reaped US$44 billion in advertising money last year, a claim that the tech unicorn calls “fake news”.
Tencent quarterly revenue rises 8%, slowest ever growth
China's Tencent Holdingson Wednesday posted a 8% rise in fourth-quarter revenue in its slowest growth since going public in 2004 reflecting heightened regulatory scrutiny and a slowdown in advertising.
Breakingviews - Tencent WeChat Pay rejig would have 1 bln problems
A Tencent financial services overhaul would be a messy affair. Chinese regulators may require the internet titan to apply for a license for its mobile payments service and separate it from the rest of the social media business, Bloomberg reported on Frida
Chinese start-ups follow TikTok’s exit from India amid apps ban
India has banned more than 270 Chinese apps since June 2020, when tensions heightened between the two countries after a deadly Himalayan border clash.
Chinese tech giant Tencent pledges carbon neutrality by 2030
China's Tencent Holdings Ltd said on Thursday it plans to have its operations and supply chain achieve carbon neutrality by the end of the decade.
US adds sites operated by Tencent and Alibaba to 'notorious markets' list
E-commerce sites operated by China's Tencent and Alibaba Group were added to the US government's latest "notorious markets" list, the US Trade Representative's office said Thursday.
Chinese fans of 'Friends' angry after show re-released with censorship
Chinese fans of U.S. sitcom "Friends" have expressed dismay online after noticing censorship in recently released episodes of the beloved show, including of LGBT issues.
'Fight Club' author praises China's censored ending
“The irony is that … they’ve aligned the ending almost exactly with the ending of the book,” said Chuck Palahniuk, the author of the novel on which David Fincher’s 1999 film “Fight Club” was based.
Tencent, NetEase push Hong Kong stocks higher, snap two-day run of losses
Hong Kong stocks snapped a two-day losing streak, with tech stocks leading the charge, shaking off jitters of a hawkish Federal Reserve.
Scott Morrison WeChat: new owner amazed account entrusted to ‘single person’ in China
Fuzhou software development firm representative denies allegations of foreign interference
TikTok owner ByteDance said to record slower 2021 revenue growth
The slowdown comes amid Beijing’s regulatory scrutiny of Big Tech, which has set back the company’s business expansion plans.
Hang Seng gains as values lure traders after US$97 billion tech slump
Stocks advance for a second day to narrow losses during the week. Values are luring buyers back into the market after a US$97 billion slump in Chinese Big Tech in the opening week of 2022.
A corruption probe is only the latest of Chinese insurers’ woes
About 30% of salespeople have left the industry since 2019
Tencent to divest $3B worth of shares in Singapore's Sea | ZDNet
Tencent's stake in Singapore-based e-commerce operator Sea will drop from 21.3% to 18.7%, and voting power reduced to less than 10%, following the sale of 14.5 million shares worth about $3 billion.
WeChat’s newest version will list what data it collects from users
To comply with the new Personal Information Protection Law, Tencent added a list to its super app detailing what data it has collected, including contacts and location.