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DeepSeek V4 model to use Huawei chips? But, can Huawei truly match Nvidia in power and scaleDeepSeek is moving V4 AI model to Huawei chips, reducing reliance on Nvidia hardware. This shift reflects China’s AI independence strategy ...- China central bank approves Tencent's Tenpay capital boost to $2.1 billionThe approval will make Tenpay the non-bank payment institution with the highest registered capital in China, Chinese state-backed media out...
- Ant to buy back shares at 70% lower valuation than at IPOThe limited partners also committed to retaining the two dividends in 2022 with Hangzhou Junhan and Hangzhou Junao to enhance the operation...
- Chinese payment giants Alipay and Tenpay fined for rule breachesAnt Group's Alipay was slapped with a fine of 3.01 billion yuan ($416 million) while Tencent Holdings Ltd's Tenpay was fined 2.99 billion y...
- Alibaba and Tencent stocks plunge after latest finesIt included five of Alibaba's transactions and 12 of Tencent's. A wide-reaching crackdown on the technology sector has often hit stock pric...
- Alibaba and Tencent stocks plunge after latest fines by Chinese regulatorsEcommerce giant Alibaba's shares in Hong Kong fell 6.8%, while gaming and social media company Tencent Holdings sank 3.2%. The Hang Seng in...
- Alibaba, Tencent fined for disclosure violations in ChinaThe State Admnistration for Market Regulation (SAMR) released a list of 28 deals that violated the rules. Five involved units of Alibaba, i...
- 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...
- China weighs Tencent payments overhaul, new license requirementThe potential move would present a fresh hurdle for Tencent, which along with other internet firms was told in 2021 to cordon off financial...
- China's market regulator fines Alibaba, Tencent for failing to report dealsAccording to public filings, China's State Administration for Market Regulation (SAMR) placed penalties of 500,000 yuan ($78,692) on the co...
- China regulator bars Tencent from exclusive rights in online musicThe Chinese government has been stepping up antitrust actions in recent months against the country's large tech companies, including a reco...
- Tencent sued in China over 'inappropriate' content in 'Honor of Kings' gameThe lawsuit coincides with an unprecedented antitrust crackdown by Beijing on some of China's biggest tech companies, which is said to incl...
- China authorities name 105 apps for improper data practicesThe Cyberspace Administration of China (CAC) said that the 105 apps violated laws by excessively collecting and illegally accessing users' ...
- Tencent Music says facing increased China scrutiny, is committed to laws"In recent months, we have received increased regulatory scrutiny from relevant authorities, and have been actively co-operating and commun...
- Tencent in talks with US to keep gaming investments: ReportTencent owns a 40% stake in Fortnite maker Epic Games. It also bought a majority stake in Riot Games in 2011 and acquired the rest of the c...
- China readies sizeable penalty for Tencent in sweeping antitrust crackdown, say sourcesTencent faces penalties for not properly reporting past acquisitions and investments for antitrust reviews, an offence with a fine capped a...
- China set to clear $3.5 billion Tencent-Sogou deal, but conditions applyChina's antitrust regulator has no objection to the $3.5 billion deal for the 60% of US-listed Sogou that Tencent doesn't already own, as l...
- China set to clear Tencent's $3.5 billion Sogou deal subject to data security conditions: SourcesThe move highlights Chinese regulators are still looking to approve merger and acquisition deals in the tech sector, but now with strict co...
- Big tech firms concerned over antitrust scrutiny in ChinaAlibaba found itself in the centre of the regulatory storm in December last year as China's market watchdog launched an investigation of th...
- Tencent faces broad China clampdown on Fintech, DealsAsia’s largest conglomerate was censured by China’s antitrust watchdog on Friday as Beijing expands a crackdown that began with Jack Ma’s o...
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