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TikTok owner ByteDance slashes thousands of jobs
TikTok's China-based owner ByteDance has laid off hundreds of workers across multiple departments, …
Investors are preparing to vote on whether China's ride-hailing app Didi will delist from the NYSE after year-long slide that erased $60 billion from its market value
Last June, Didi listed on the New York Stock Exchange despite Beijing's reluctance. Shortly after, …
Weilun Soon
China's Instagram-like Xiaohongshu joins the tech layoff bloodbath, cutting about 10% of employees
Xiaohongshu said it's laying off up to 10% of its workforce. The cuts add to the tens of thousands …
Weilun Soon
Tencent Security warns thousands of Microsoft SQL servers maybe infected by a new malware
The cybercriminal group is so named after one of the domains used by it to host their malware.…
China says it will send government officials to inspect Big Tech firms over their use of algorithms
China wants to review Big Tech algorithms, saying they could promote fake news, online addiction, a…
Jyoti Mann
Tencent and Alibaba Group have lost more than $100 billion in July as China cracked down on internet giants
The storm of regulatory changes — from new protection for workers to enforcement of minimum salari…
China's e-commerce giant JD.com is reportedly laying off at least 400 workers, adding to massive layoffs seen at other major Chinese tech firms like Alibaba and Tencent
This series of layoffs comes as China's tech giants grapple with Beijing's crackdown on the sector,…
Weilun Soon
Tesla will 'keep blowing our minds' despite Elon Musk's preoccupation with Twitter, an executive at Chinese tech giant Tencent said
Tencent's chief exploration officer said Elon Musk "has a lot of projects" to focus on but he think…
Sawdah Bhaimiya
Hong Kong stocks leap as Alibaba, Tencent, and Meituan rocket over 20% after China pledges to keep markets stable
Chinese Vice Premier Liu He promised policies that would boost financial markets and spur economic …
Shalini Nagarajan
Trump signed an executive order banning Alipay, WeChat Pay, and 6 other Chinese apps, calling them a threat to national security
The executive order described the apps as a threat to "the national security, foreign policy, and e…
Avery Hartmans
The Trump administration is reportedly considering restricting Chinese giants Ant Group and Tencent in the US over national security concerns
The administration's restriction of the two Chinese powerhouses would be a major development in its…
Katie Canales
After India, US President Donald Trump blocks eight Chinese apps including Alipay, WeChat Pay and Tencent's QQ
Taking India's example of banning more than 200 Chinese apps, US President Donald Trump has signed …
Tech giant Tencent was China's most valuable company for 6 years. In September, it finally lost the title to a liquor company.
Tencent's value fell from $950 billion in January 2021 to around $325 billion in less than 22 month…
Matthew Loh
More and more Chinese tech giants, including the search firm Baidu, are trademarking metaverse terms even as China continues to issue warnings about it
The Nasdaq-listed gaming giant NetEase and the e-commerce giant Alibaba have also jumped on the met…
Huileng Tan
Twitter, Tiger Global, Tencent and others have pumped in over $900 million into India’s vernacular social media platforms in a year
After InShorts’ Public app, Bengaluru-based Lokal app is the latest desi social media platform to g…
Tencent is using facial recognition tech on under-18s to stop them playing video games late into the night
The system, called "Midnight Patrol," aims to prevent under-18s from posing as adults to circumvent…
Anna Cooban
PUBG Mobile will no longer be developed by Tencent in India but experts say that may not be enough
The battle royale game with more than 50 million active players in India, PlayerUnknown’s Battlegro…
Here's how much Uber, Softbank and Tencent can possibly gain from Didi’s IPO — the largest Chinese share sale since Alibaba
China’s ridesharing behemoth, Didi Chuxing, is finally ready to go public after years of speculatio…
The Department of the Treasury is reportedly looking into the American companies behind 'Fortnite' and 'League of Legends' over their ties to Chinese tech titan Tencent
After banning TikTok and WeChat for connections to China, the US government is setting its sights o…
Ben Gilbert
Chinese tech giants sink on report China is considering a state-backed company to oversee tech data
Chinese tech giants fell on Wednesday after reports said the PBOC is considering establishing a joi…