Tencent Holdings

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Apple forms Shanghai data-processing venture as AI push in China still in limbo

Apple has formed a new data-processing venture in Shanghai, according to business registry information, as the US tech giant’s bid…

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Tencent’s US blacklisting stokes fear of tech war escalation with China

The US government’s move to add Tencent Holdings, China’s most valuable company, to its list of Chinese military firms has…

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ByteDance leads China’s Big Tech sector in capital spending with US$11 billion for 2024

TikTok owner ByteDance was China’s biggest investor in technologies including artificial intelligence (AI) in 2024, with its outlay almost matching…

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Tech war in 2024: China catches up fast in AI race, but US chip curbs cast shadow

Shi Yuxiang is eager to find out what the latest artificial intelligence (AI) technology has to offer in video-making. But…

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Hong Kong derivatives trading hits record high for third year amid market volatility

For a third year in a row, trading of derivatives in Hong Kong has hit a record. More than 377…

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Hong Kong stocks stuck in the doldrums as traders look for drivers to boost sentiment

Hong Kong stocks fluctuated in early trading as investors awaited catalysts after digesting the US Federal Reserve’s hawkish pivot on…

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Tencent gives up Epic Games board seats after US antitrust scrutiny

Tencent Holdings removed two directors it appointed to the board of Epic Games after the US Justice Department deemed the…

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US asks court to reject TikTok’s bid to stave off law that could ban the app

The Justice Department late on Wednesday asked a US appeal court to reject an emergency bid by TikTok to temporarily…

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China’s ByteDance, Alibaba, Tencent seek fresh talent at ‘Olympics of AI’

At NeurIPS to be held in Vancouver, Canada, from December 10 to 15, TikTok parent ByteDance, Alibaba advertising unit Alimama…

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New Business

NetEase cuts jobs in Shenzhen as first-person shooting game ‘underperforms’

NetEase, China’s second-largest video gaming company, has cut an undisclosed number of jobs involved in an “underperforming” project that will…

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