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TENCENT CLOUD
China tech giant Tencent logs 16% jump in annual net profitChinese internet giant Tencent on Wednesday reported a 16 percent jump in full-year net profit, with gaming still its main business driver ...
PB Fintech: Goldman Sachs, Tata Mutual Fund buy stake in Rs 695 crore block dealPB Fintech shares witnessed block deals worth Rs 695 crore, with Goldman Sachs, mutual funds, and foreign investors acquiring shares from T...
Tesla teams up with Tencent Cloud for WeChat location, smart services integrationTencent Cloud and American automaker Tesla are joining forces. This collaboration will bring new in-car features to Tesla vehicles in China...
Tencent Cloud sells shares worth Rs 1,668.15 crore in PB FintechAs of June 30, Tencent Cloud Europe B.V. held a 4.26% stake in the company. Axis Mutual Fund, Mirae Asset MF, Marshall Wace Investment Stra...
Tencent sells Rs 415.7-cr PB Fintech sharesTencent Cloud Europe BV divested ₹415.7 crore worth of PB Fintech shares in a bulk transaction on the NSE, selling 33 lakh shares at ₹1,259...
After US curbs, Tencent and small chip designers chase Nvidia’s China crownCalifornia-based Nvidia commands as much as 90% of China's $7 billion market for chips used to process enormous amounts of data to develop ...
After US curbs, Tencent and small chip designers chase Nvidia's China crownChinese chip designers including Tencent Holdings are aggressively pitching their AI chips as alternatives to Nvidia's, hoping U.S. export ...
Tencent says has Nvidia AI chip stockpile but seeking to buy domesticPresident Martin Lau, on an analyst call following Tencent's third-quarter earnings report, said the US decision last month to ban the expo...
China's Tencent says it is internally testing its 'Hunyuan' AI modelChina's Tencent Holdings said that its self-developed artificial intelligence (AI) model has entered the internal testing stage and is now ...
Tencent slashes cloud service prices by up to 40% as price war intensifiesChinese internet giant Tencent Holdings is cutting prices for cloud services by up to 40% from June amid similar moves from rivals that hav...
China's Tencent starts new round of layoffs: reportLayoffs will affect three out of Tencent's six business divisions - platform and content (PCG), which comprises of its video and news platf...
Tencent buys stake worth $264 million in Flipkart from Binny BansalThe transaction was completed on October 26, 2021 and was shared with the government authorities at the beginning of the current financial ...
NetEase's Cloud Music sues Tencent Music, claims unfair competitionThe move is the latest development in a long-running rivalry between the two Chinese tech giants who are vying to add users and sign popula...
CAIT calls for a ban on Shopee following govt ban on 54 Chinese apps"Surprised Chinese company Shopee is not there in the list of ban apps. Though it has the same parent company Garena Free Fire and is owned...
Tencent to invest $70 billion in 'new infrastructure'The announcement comes after call by Beijing last month for a tech-driven structural upgrade of the world's second-largest economy through ...
How Google wants to get back into China with its cloud plan8 years after it logged out, the search giant is working on a plan to offer cloud services in the mainland.
Tencent cloud may steal the thunder from Google, AWSWhile the company is yet to set a timetable for a formal rollout, it has been scoping out the market for the past few months, initiating pr...