Tencent launches party game ‘DreamStar’, analysts say poses a threat to NetEase
By Josh Ye HONG KONG (Reuters) – Chinese tech giant Tencent Holdings on Friday launched “DreamStar”, a new party game that has been widely anticipated by users and pegged by analysts to…
Tencent chief blasts managers in fiery townhall – sources
By Josh Ye HONG KONG (Reuters) – The founder of Chinese tech giant Tencent Holdings Ltd told employees many “corruption” issues had been discovered within the company and mismanagement was draining its…
China’s Tencent starts new round of layoffs -sources
By David Kirton and Josh Ye SHENZHEN, China/HONG KONG (Reuters) -Chinese tech giant Tencent Holdings has begun a new round of job cuts targeted at its video streaming, gaming and cloud businesses,…
Prosus and Naspers deny report they are in talks to sell Tencent stake
AMSTERDAM (Reuters) -Technology investment firm Prosus NV and its South African parent Naspers on Tuesday rejected as “untrue” a report that they are in talks to sell their large stake in Chinese…
Tencent stops sales on its NFT platform Huanhe a year after launch as scrutiny mounts
By Josh Ye HONG KONG – Chinese internet giant Tencent Holdings’ non-fungible token (NFT) platform Huanhe will no longer release digital collectibles to the public, it said on Tuesday, as regulatory scrutiny…
China regulator fines Alibaba, Tencent for disclosure violations
SHANGHAI – China has imposed fines on technology giants Alibaba and Tencent as well as a range of other firms for failing to comply with anti-monopoly rules on the disclosure of transactions,…
Hong Kong exchange enlists HSBC, Tencent to help create carbon market
By Selena Li HONG KONG – Hong Kong’s stock exchange said on Tuesday it had enlisted banks including HSBC and companies such as China’s Tencent to help it develop a global carbon…
China’s Tencent to launch flagship game ‘Honor of Kings’ worldwide
By Josh Ye HONG KONG – 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…
Tencent chief causes stir with repost of article on China’s economy
SHANGHAI – Pony Ma, the low-profile founder of tech giant Tencent Holdings, created a social media stir over the weekend by reposting an article on China’s economy, an unusual breaking of silence…
Tencent to block Chinese gamers’ access to foreign, unapproved games
By Josh Ye HONG KONG – Tencent Holdings Ltd said it will shut down a service that allowed Chinese gamers to access overseas platforms to play unapproved foreign games, in a sign…
China’s Tencent faces possible record fine for anti-money-laundering violations – WSJ
– Tencent Holdings Ltd is facing a potential fine, which could be at least hundreds of millions of yuan, for violating some central bank regulations on its WeChat Pay mobile network, the…
China’s Tencent fires 70 staff, blacklists 13 firms in anti-graft campaign
SHANGHAI – Tencent Holdings, China’s biggest social media and video games company, on Tuesday said it fired nearly 70 staff over bribery and embezzlement incidents last year and named 13 companies it…
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