Vantage with Palki Sharma Joe Biden has blacklisted dozens of Chinese companies, including Tencent and CATL, accusing them of links to China's military. The move is the latest in a series of consequential decisions taken by Biden since Donald Trump's election.
Washington has blacklisted Tencent Holdings Ltd. backed startup Zhipu targeting one of the few emerging firms seen as leading contenders in the race to create a competitor to OpenAI’s ChatGPT.
Backers of China's Xiaohongshu are looking to sell a part of their stake to the likes of Tencent , among others, in a deal that could value the TikTok-rival at at least $20 billion, Bloomberg News reported on Thursday.
CBS owner Paramount Global’s merger with film and TV producer Skydance Media should be reviewed by federal authorities because of the participation of China’s Tencent Holdings Ltd., which was recently added to a US military blacklist,
The Center for American Rights asked the agency to consult with CFIUS or other national security agencies on the studio's pending $8 billion Paramount merger over Tencent's "Chinese military company" designation The post Public Interest Law Firm Urges FCC to Review Skydance Media’s Relationship With China’s Tencent appeared first on TheWrap.
Tencent’s dominance in the gaming world has turned digital entertainment into a powerful vehicle for projecting China’s culture and influence globally.
BEIJING (Reuters) -Chinese social media app RedNote has been thrust into the limelight after more than half a million TikTok users recently joined the platform in protest against a likely imminent ban on the short video app in the United States.
The U.S. Defense Department has added major Chinese technology companies including gaming and technology company Tencent, artificial intelligence firm SenseTime and the world’s biggest battery maker CATL to its list of companies it says have ties to China’s military.
The US government's move to add Tencent Holdings, China's most valuable company, to its list of Chinese military firms has raised concerns about further bifurcation in the technology spheres of the world's two largest economies.
Pony Ma Huateng, founder and CEO of Tencent Holdings, said in his annual address to employees that he was confident in China's economic prospects and pleased with the growth of the company's video game revenue in overseas markets.
Shares of Tencent (OTC: TCEHY), the Chinese tech giant and owner of the WeChat superapp, were tumbling Monday after the U.S. Department of Defense listed the company as a Chinese military entity in a Federal Register filing.
Tencent's strong social media and fintech segments, coupled with a positive gross profit trend, underline favorable business trends. See why TCEHY stock is a Buy.