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Tencent Holdings Ltd., also known as Tencent is a Chinese multinational technology and entertainment conglomerate and holdings company headquartered in Shenzhen. It is the largest gaming company in the world based on its investments.Its social application WeChat had 1.225 billion monthly active users in 2020. WeChat Pay has 825 million users.Founded in 1998, it owns Riot Games and Tencent Music. It has over 600 investments, including 40% of Epic Games and 4% of Tesla.
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Technology :
China directs local internet giants not to use ChatGPT
Hong Kong, Feb 22 China has slammed ChatGPT, the AI-driven chatbot by Microsoft-owned OpenAI that has become a ... ...
International :
China proposes tough penalties for unfair practices adopted by tech companies
China's antitrust watchdog has proposed tougher curbs and penalties on unfair practices adopted by big tech companies such as ... ...
Technology :
Tencent fires entire editorial staff at gaming publication Fanbyte
Hong Kong, Sep 16 Chinese conglomerate Tencent has laid off all of the editorial staff at Fanbyte, an ... ...
Technology :
Xiaomi cuts over 900 jobs amid global downturn: Report
Hong Kong, Aug 20 Chinese smartphone giant Xiaomi has slashed more than 900 jobs amid the ongoing economic ... ...
Technology :
Tencent fires 5.5K workers as sales down for 1st time since going public
Beijing, Aug 18 Chinese conglomerate Tencent has fired 5,500 employees, after posting a revenue of $19.8 billion in ... ...
International :
China clears law to penalise internet firms for abusing market competition
Beijing, June 25 In a further crackdown on Internet and digital companies, China has cleared a revised anti-monopoly ... ...
International :
Frequent layoffs by Chinese tech giants direct young graduates towards govt jobs: Reports
Due to a catastrophic slump in the Chinese economy followed by frequent layoffs by tech giants in the communist nation has raised concerns among the Chinese graduates, directing them towards government jobs for a stable and regular income. ...
International :
Chinese entrepreneur loses social media accounts for speaking against country's slow economy
Social media accounts of Chinese national, Hong Hao, who spoke against the country's slow economy and the effects of government policy on the technology industry, have been banned. ...
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