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The Latest Breaking News from Tencent

China’s Internet Majors Downsize to Weather Business Headwinds

Survey finds that six of the 10 biggest players slashed payrolls last year, including Tencent, Meituan and Alibaba

Caixin Global

Synced preview - a pop-punk flavoured post-apocalypse

Synced brings fantastic customization to its PvPvE and co-op action as players must navigate a techno-apocalyptic future.

TechRadar

China wants to stop kids using their smartphones overnight

Wednesday's draft rules will allow parents to trigger a restricted mode on their children's smart devices, limiting usage and screentime.

Fortune

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China proposes to limit children's smartphone time to a maximum of 2 hours a day

China’s internet watchdog has laid out regulations to curb the amount of time children spend on their smartphones, in the latest blow to firms such as Tencent and ByteDance, which run social media platforms and online games

The Independent UK

Australian Senate committee warns TikTok and WeChat could be the country's biggest security risks

A ban on WeChat from all government devices has been recommended.

PC Gamer

Australian Senate committee recommends government ban on TikTok be extended to WeChat

An Australian Senate committee has recommended a ban on the Chinese-owned video-sharing app TikTok from federal government devices be extended to China’s most popular social media platform, WeChat

The Independent UK

Will Tencent Holdings Regain Favor Among Investors?

After plunging to a 6-year low in October 2022, Tencent Holdings Ltd (TCEHY ) rallied to a 17-month high in January. However, the stock has since moved sideways as the company has fallen out of favor with Chinese investors. According to Bloomberg data, onshore investors have sold Tencent Holding shares...

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TikTok ban on Australian government devices should also cover WeChat, parliamentary committee recommends

Senate committee examining foreign interference on social media says it is ‘concerned’ with ‘unique national security risks’ the companies pose

The Guardian - AU

‘The everything app’: why Elon Musk wants X to be a WeChat for the west

Twitter owner’s rebranding is part of larger strategy to add payment functionality and more

The Guardian - UK

WeChat user numbers plummet nearly 30% in Australia amid concerns of Chinese interference

Owner gives parliamentary inquiry no reason for fall over three years but says China’s government could not conduct surveillance on app

The Guardian - AU

Tencent claims another one, will become 'majority shareholder' of Dying Light studio Techland

Techland says the deal will help ensure its new fantasy-action game lives up to expectations.

PC Gamer

Tencent acquiring majority of shares in Dying Light developer Techland

Tencent is becoming the majority shareholder in Dying Light developer Techland.

Windows Central

WeChat Lets Users Link Overseas Cards for Everyday Payments in China

Tencent’s ubiquitous platform now allows people from overseas with certain international bank cards to access tens of millions of merchants

Caixin Global

The Barbie ban and China’s hold over Hollywood

Vietnam has banned the new “Barbie” film because it features a map showing China’s claim to the South China Sea.

The Week

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The Guardian - US

No Trade Is Free review: Trump’s man plots an unusually civil course

Robert Lighthizer, once US trade representative, is a rare aide of little interest to investigators. His readable book shows why

Bangkok Post

Chinese tech firms handed massive fines

BEIJING: Chinese regulators said on Friday they had fined the fintech giant Ant Group almost $1 billion for “illegal acts” and handed an affiliate of rival Tencent a $415-million penalty, adding that a long-running crackdown on technology companies was drawing to a close.

Zenger

US Set To Restrict China’s Access To Cloud Computing Services From Amazon, Microsoft

China's access to the Microsft and Amazon will be limited as the U.S. see Chinese techologies as national security concerns.

Zenger

Meta’s China Return Hits Roadblocks Over CEO’s Image And Censorship Worries

Meta's attempt to re-enter China faces challenges due to CEO's non-friendly image and concerns over censorship rules.

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news in one place.

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Tribune News Service

Billionaires and bureaucrats mobilize China for AI race with US

China’s tech sector has a new obsession: competing with U.S. titans like Google and Microsoft Corp. in the breakneck global artificial intelligence race.

Bangkok Post

Chinese billionaires go all-in on AI

China’s tech sector has a new obsession: competing with US titans like Google and Microsoft in the breakneck global artificial intelligence "arms race".

TechRadar

Amazon sets its sights on Lord of the Rings for new MMO project

An agreement has been reached to allow Amazon Games to develop a new MMO set in the world of The Lord of the Rings.

PC Gamer

Amazon is making another Lord of the Rings MMO, despite cancelling the last one

It's in the early stages of production with the New World team at Amazon Games Orange County.

Windows Central

Xbox hasn't 'given up' on the console war — they already stopped taking part

Following Phil Spencer's comments on Kinda Funny Xcast, some of the Xbox community has taken key quotes about Xbox and its position in the console market wholly out of context in the wider debate about how Xbox measures success.

Caixin Global

Weekly Must-Read: Top Chinese Digital Banks Report More Bad Loans but Higher Earnings

Ant-backed MYbank and Tencent-backed WeBank disclose higher nonperforming loan ratios amid the pandemic yet liquidity metrics remain healthy

Newsroom.co.nz

Hong Kong, c/- China

Part two of our special report on the Hong Kong international writers festival.

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People

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