Chinese metaverse will obey rules
No Pooh in perfect socialist Utopia
Chinese social media giant Tencent Holdings expects Beijing to allow 'metaverse' virtual environment services to operate in China - provided they fall in line with Chinese rules.
Tencent working on three chips
Seems everyone wants to be US free
Chinese technology giant Tencent said it is making progress in semiconductor chip development and investment.
TSMC beats Tencent
Asia’s most valuable firm
The world's largest chipmaker Taiwan Semiconductor Manufacturing Company (TSMC) has overtaken Chinese tech behemoth Tencent to become Asia's most valuable firm.
Tencent buys British Sumo Group
All your post-Brexit companies are belong China now
Tencent has announced plans to buy British video game company Sumo Group for $1.27 billion.
Tencent's Chinese cash forces name change at Oxford University
Money talks
A major Chinese firm has forced a change in the name of a famous Oxford University college grant by bunging nearly a milion into the establishment.
Tencent fires 100 and purges contract list
Anti-graft
Tencent named 37 companies it had blacklisted from future contracts and said it has fired more than 100 staff over embezzlement and bribery incidents.
White House wants to stamp on Ma’s Ant
Apparently it's latest thing to threaten US security
Donald (I am immortal) Trump’s management team is exploring restrictions on billionaire Jack Ma's Ant Group as well as Tencent claiming that its digital payment platforms threaten US national security.
Coronavirus increased the value of video games companies
Market cap of leading video game companies jumped by $354.5 billion this year
As an industry custom built for people to stay indoors, the global video games market has boomed in the last few months, bringing huge profits for the leading gaming companies and their shareholders.
Tencent invests $70 billion in infrastructure
Red clouds at night
Chinese tech giant Tencent will invest $70 billion over the next five years in technology infrastructure including cloud computing, artificial intelligence and cybersecurity.
Tencent doing well in gaming boom
But warns of normality hitting soon
Tencent benefitted from the lockdowns in China, when bored people entertained themselves even more than usual with online games. But analysts – and Tencent itself – cautioned that a lot of the pandemic-driven gaming boost can’t carry forward as people have returned to work after China lifted most lockdowns.