Search results for "Tencent"

Will YouTube Dominate the Play? 

YouTube Playables gaming expansion, a new product offering access to online games, as part of its expansion beyond video hosting, aiming to enhance user engagement and diversify revenue streams.  Today, YouTube, the popular video hosting platform owned by Google, is venturing into the realm of online gaming with its latest internal testing of a product […]

American Tech Companies Worried about the Great Firewall of China in Hong Kong

Google, OpenAI and Microsoft are slowing squeezing out accessibility to their AI chatbots in Hong Kong. This is in unequivocal acknowledgement that Hong Kong no longer has any special status over mainland China regarding freedom of information. None of the above-mentioned companies are confirming this as the reason. But given the 2020 National Security Law […]

Dollar slides as US inflation slows, tech drags on Hong Kong

Asian stocks struggled on Thursday, dragged down by tech and property selling in Hong Kong, while the dollar was under pressure as softening U.S. inflation seemed to suggest the Federal Reserve’s rate hike cycle was nearing its end. Early in the Asia day the euro hit a 2-1/2 month top at $1.10. Investors are positive […]

Alibaba Considers Yielding Control of Some Businesses in Overhaul

Alibaba Group said on Thursday it will look to monetise non-core assets and consider giving up control of some businesses, as the Chinese tech conglomerate reinvents itself after a regulatory crackdown that wiped 70% off its shares. Group CEO Daniel Zhang said the company’s breakup into separate businesses will allow its units to become more […]

US House Speaker Says Lawmakers to Move Forward with TikTok Bill

U.S. House of Representatives Speaker Kevin McCarthy said on Sunday lawmakers will move forward with legislation to address national security worries about TikTok, alleging China’s government had access to the short video app’s user data. In the United States, there are growing calls to ban TikTok, owned by China-based company ByteDance, or to pass bipartisan […]

China to Double Down on Push to Be Self-Reliant in Tech, Premier Says

China’s science and technology policies should aim to build its strength and self-reliance, while the role of the government in pooling resources for key technological breakthroughs needed to be leveraged better, Premier Li Keqiang said on Sunday. The nation effectively countered external attempts to suppress and contain China’s development over the past five years by […]

At China Political Meeting, Internet Bosses Are out, Chip Execs Are In

Tencent Holdings founder Pony Ma and others from China’s crackdown-hit internet sector will be absent from this year’s parliamentary sessions, as Beijing boosts representation from the tech hardware sector, delegate lists show. Nearly 3,000 members of the National People’s Congress (NPC) will gather in Beijing on Sunday for its first meeting since Xi Jinping secured […]