Search results for "Tencent"

Shanghai Residents Turn to NFTs to Record COVID Lockdown, Combat Censorship

Shanghai residents are turning to the blockchain to preserve memories of the city’s month-long COVID-19 lockdown, minting videos, photos and artworks capturing their ordeal as non-fungible tokens to ensure they can be shared and avoid deletion. Unable to leave their homes for weeks at a time, many of the city’s 25 million residents have been […]

China Splinternet, Is it a State-Controlled Alternative Cyberspace?

The question of what is Splinternet? is answered when seeing how the Chinese are creating their own type of internet, as in expanding their network to have one called “splinternet,” which will determine alternative cyberspace where multiple developing countries are likely to sign up.  Learn how geopolitics are driving countries like China away from the […]

Explainer-Will Big Tech Cloud Companies Cut Off Russia?

Ukraine has urged cloud-computing and software giants including Microsoft Corp and SAP SE to cut off Russia to stop Moscow’s invasion. Here’s what’s at stake. WHAT IS UKRAINE DEMANDING? The Ukrainian ministry of digital transformation wants North American and European technology companies to completely pause any dealings with Russian clients, potentially disrupting Russia’s economy and […]

China’s Tech Giants to Invest in $8 Trillion Metaverse Opportunity

China’s tech giants are moving forward with an $8 trillion metaverse opportunity, which will be highly regulated.  China’s tech giants Tencent, Alibaba, and ByteDance, are investing in the metaverse.  U.S. firms such as Facebook’s parent Meta are moving entirely towards the metaverse, while Microsoft has already considered the proposed acquisition of gaming company Activision as […]

India Expands Chinese Tech Apps Ban, Increasing Geopolitical Tension

In its latest move to expand its banned list of Chinese applications, India has placed tech companies in a much more difficult position for operational oversight in South Africa. India’s Ministry of Electronics and Information Technology added 54 Chinese tech companies to its list of banned companies under security pretenses, according to the Economic Times on Monday. […]

China's Cyber Watchdog Spells Out Development Strategies for Tech Giants

China’s cyberspace watchdog said a symposium it held with Chinese tech giants last month had given the industry a “clearer understanding” and more confidence in how to pursue development and opportunities as they adjust to a new regulatory landscape. The Cyberspace Administration of China said its official publication had carried out interviews with companies such […]

Microsoft Takes Activision Blizzard for $69 Billion in the Biggest Tech Deal

Microsoft announced Tuesday a significant expansion in the games market with an agreed takeover of Activision Blizzard for $68.7 billion cash in its largest purchase ever.  The deal will make Microsoft the world’s third-largest games publisher by revenue, after Tencent and Sony.  As such, the American company still has to win approval from Activision’s shareholders and, more […]

China pursues tech 'self-reliance,' fueling global unease

To help make China a self-reliant “technology superpower,” the ruling Communist Party is pushing the world’s biggest e-commerce company to take on the tricky, expensive business of designing its own processor chips — a business unlike anything Alibaba Group has done before. Its 3-year-old chip unit, T-Head, unveiled its third processor in October, the Yitian […]

Beijing tightens tech policies for abroad listing

Beijing is planning to further tighten its grip on its tech sectors as its intensified its tech policies and regulations for overseas listing for China rising tech start-ups. China’s months-long regulatory campaign on its tech titans has left companies craving the sellout of their stakes abroad in order to register with the proposed guidelines by […]