Headquartered in Shenzhen, Tencent is one of China's and the world's largest internet services companies, with interests in media, entertainment, web and mobile communications, advertising, e-commerce and internet banking.
With the crackdown on fintech firms over, the sector must look forward and realise its full potential in driving China’s recovery.
Trades in local dollar or yuan in city stock market will offer greater choice to those investors seeking to diversify not only in shares but also currencies.
The intervention by Chinese policymakers to calm panic is welcome but took too long, writes Wang Xiangwei.
Tencent, China’s biggest social media and video gaming company, is closing its live-streaming service Now, as the company continues to consolidate its video businesses.
Glitches at Tencent Video follow hot on the heels of outages at Alibaba Cloud and Didi Chuxing, with Tencent attributing problems to software issues and not external attacks.
Maker of Splinter Cell and Far Cry Primal franchises appoints new Shanghai studio head as it navigates tough conditions in Chinese video gaming market.
Decision to pull back by China’s highest-valued unicorn underscores the lingering risks in the world’s biggest video gaming market, despite some shoots of recovery.
The social media giant is cutting hundreds of jobs at its flagship Nuverse studio, and will shut down development on most unlaunched titles a year after cuts at two related studios.
The generative AI bot Feishu Intelligent Buddy is being added to the office app to help users generate emails and spreadsheets or analyse PDFs.
Pinduoduo posts job advertisements for algorithm engineers, as it ramps up efforts in generative artificial intelligence.
Baidu has a stockpile of advanced artificial intelligence chips to soften the short-term impact of US export curbs, the Chinese tech giant said as it forecast increased AI revenues in its third-quarter results.
Chinese police say they have arrested a 39-year-old man on suspicion of opening a casino, a day after the New York-listed live-streaming platform said that founder Chen Shaojie was arrested.
Tencent Holdings is integrating WeCom, the enterprise version of ubiquitous messaging app WeChat, with its in-house large language model Hunyuan, to develop industry-specific AI applications for healthcare clients.
ByteDance is challenging Tencent and Alibaba in China’s top three tech grouping, as it benefits from a gradual uptick in advertising revenue.
Chinese tech giants Alibaba and Tencent admit to feeling the pinch of the latest US chip export controls, but said they are evaluating ways to minimise the impact on their business growth.
Stocks slipped in Hong Kong amid the biggest sell-off in Alibaba Group in 13 months. The e-commerce group cancelled a key part of its business reorganisation amid heightened US-China tech rivalry.
The internet giant was the first to put in orders for Nvidia’s much-coveted H800 chip, which was designed for export to China to comply with earlier US tech restrictions.
China needs to develop 1 million artificial intelligence-native applications and less AI large language models, according to Baidu co-founder, chairman and chief executive Robin Li.
Chinese internet giant Tencent Holdings reported a profit decline for the third quarter of 2023, still ahead of market estimates, as China’s economic recovery continued to face pressure.
Users of digital wallets from China Mobile, China Telecom and China Unicom can now make payments by scanning WeChat QR codes, in Tencent’s latest effort to improve interoperability of tech services under Beijing’s directive.
For every five new jobs in artificial intelligence in China, there are only two qualified workers available, a sign of the serious shortage of talent in the hot sector, according to a new report.
Baidu ordered US$61 million worth of Huawei’s 910B Ascend AI chips, which are marketed as an alternative to Nvidia’s A100 chip, according to people familiar with the matter.
The Chinese fintech giant said its Bailing large language model will also be used across its various operations to help the firm develop more innovative AI products.
Nasdaq-listed video game streaming service Douyu said its operations remain normal, but did not comment on the company’s missing chief executive.
The new policy by major online platforms Weibo, WeChat, Douyin, Kuaishou and Bilibili underscores their commitment to support Beijing’s crackdown on anonymous Chinese social media accounts.
Ernie Bot 4.0 was unveiled by Baidu co-founder and CEO Robin Li Yanhong last month and promises improved capabilities in understanding complex questions and generating pictures.
The Beijing-based company, launched by the founder of Sogou, says the latest version of its large language model has a bigger ‘context window’ than its foreign competitors.
The ban was announced after an assessment that Tencent-owned WeChat and Moscow’s Kaspersky ‘present an unacceptable level of risk to privacy and security,’ Canada’s Treasury Board said.
The tech giant announced that it has seen improvements in products such as Tencent Docs and WeChat search after integrating its generative AI model.
The new regulation that takes effect next year is not expected to have much short-term impact, but user habits may shift over time.
The start-up’s other investors included Ant Group, Meituan, Xiaomi and HongShan, the Chinese venture capital firm spun off from the former Sequioa Capital.
Cook’s latest China trip comes at a time when Apple’s iPhone 15 series is facing stiff competition from Huawei’s new 5G handsets.