Tencent

Chinese technology stocks are in a freefall despite making major investments in the artificial intelligence (AI) industry.  Top Chinese AI Stocks Have Plunged Alibaba (NYSE:BABA), a top e-commerce and cloud computing company that has launched several AI models, dropped to $124 on Friday, down...

Backed by Alibaba and Baidu Ventures, the Chinese 3D AI startup is pushing into North America — and arguing the next battleground in generative AI isn’t text or images, it’s geometry. 3D AI Enters a New Arena While much of the generative AI conversation has centered on language models...

NVIDIA Corp. (NASDAQ:NVDA) CEO Jensen Huang received a rockstar reception in Beijing during his most recent visit last week which marked his third this year and solidified his celebrity status in China.  What To Know:  Huang, CEO of the world’s most valuable company, was seen...

The ongoing AI arms race, spurred by disruptive developments such as DeepSeek's latest models, has thrust funds with significant exposure to AI and tech stocks in the spotlight again. Adding to the disruption, a report by Reuters said Alibaba Group Holding Ltd – ADR (NYSE:BABA) launched its...

Apple Inc. (NASDAQ:AAPL) is reportedly engaging in discussions with Tencent (OTC:TCEHY) and TikTok’s parent company, ByteDance, to integrate their AI models into iPhones sold in China. What Happened: The U.S. tech giant began incorporating OpenAI’s ChatGPT...

Tencent-backed Epic Games has brought back the popular game Fortnite on the iPhone, along with an entire app store, which is now available for download in the European Union and Android devices globally. This comes after a four-year-long legal battle with Apple Inc. (NASDAQ:AAPL), marking a win for...

In a significant development, Japanese automakers Toyota Motor Corp (NYSE:TM) and Nissan Motor Co (OTC:NSANY) have teamed up with Chinese tech behemoths Tencent Holdings Ltd (OTC:TCEHY) and Baidu Inc (NASDAQ:BIDU) respectively. The goal of these partnerships is to enhance their artificial...

In a recent announcement, Tencent Holdings Ltd (OTC:TCEHY) subsidiary Riot Games revealed plans to lay off approximately 11% of its global workforce. What Happened: Riot Games, the developer of popular titles like “League of Legends,” will be reducing its staff by 530 employees, Reuters...

China’s gaming regulator has removed the draft rules from its website, which were proposed to limit spending and rewards that promote video game playing. This unexpected development has led to a surge in the shares of gaming companies. What Happened: The National Press and Publication...

In the face of continued industry restrictions in China, a high-performing fund has decided to reintroduce Tencent Holdings Ltd. (OTC:TCEHY) to its portfolio based on the company’s appealing valuation. What Happened: The Federated Hermes Asia Ex-Japan Equity Fund, which has outperformed 83%...

In a significant development, ByteDance, the company behind the popular social media platform TikTok, is reportedly engaged in discussions to sell its gaming assets to Tencent (OTC:TCEHY). What Happened: ByteDance is in conversation with potential buyers for its gaming assets, Reuters reported on...

In the wake of contentious gaming regulations that caused havoc in China’s gaming stocks, a principal official has been discharged from the country’s press and publications regulator. What Happened: Feng Shixin, the head of the publishing unit of the Communist Party’s...

Chinese online gaming behemoths Tencent Holdings Ltd (OTC:TCEHY) and NetEase Inc (NASDAQ:NTES) saw their shares rally after Chinese regulators indicated a possible revision of the proposed regulations that had earlier caused gaming stocks to plummet. What Happened: Tencent’s shares in Hong...

The emerging gaming regulations in China could place smaller developers in a bind, potentially leading to a decline in overall online advertising revenue. What Happened: The National Press and Publication Administration of China on Friday recently unveiled draft rules that disapprove daily sign-ins...

In an unexpected move right before Christmas, China’s top gaming regulator introduced new draft rules aimed at controlling excessive spending and online gaming usage. This announcement led to an $80 billion market selloff spearheaded by $54 billion in Hong Kong-listed Tencent Holdings Ltd. (...