Tencent takes half of Ubisoft
Published in Gaming
Wednesday, 07 September 2022 10:57

Tencent takes half of Ubisoft


Half your company is now Chinese

Ubisoft has announced that Chinese tech giant Tencent has invested €300 million to buy half the company.

Chinese metaverse will obey rules
Published in Cloud
Thursday, 11 November 2021 11:54

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
Published in News
Wednesday, 03 November 2021 12:02

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
Published in News
Thursday, 19 August 2021 13:24

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
Published in News
Tuesday, 20 July 2021 11:40

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
Published in News


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
Published in News
Wednesday, 03 February 2021 13:12

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
Published in News
Thursday, 08 October 2020 11:06

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
Published in Gaming


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
Published in News


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.