Backers of China's Xiaohongshu are looking to sell a part of their stake to the likes of Tencent , among others, in a deal that could value the TikTok-rival at at least $20 billion, Bloomberg News reported on Thursday.
The U.S. Department of Defense has designated CATL and Tencent as “Chinese military companies,” escalating trade and political tensions. The designation harms reputations, deters partnerships
Washington has blacklisted Tencent Holdings Ltd. backed startup Zhipu targeting one of the few emerging firms seen as leading contenders in the race to create a competitor to OpenAI’s ChatGPT.
Vantage with Palki Sharma Joe Biden has blacklisted dozens of Chinese companies, including Tencent and CATL, accusing them of links to China's military. The move is the latest in a series of consequential decisions taken by Biden since Donald Trump's election.
While the Chinese internet giant Tencent is best known for its super app WeChat, it’s also a major investor in U.S. tech companies and startups. Some of
Tencent’s dominance in the gaming world has turned digital entertainment into a powerful vehicle for projecting China’s culture and influence globally.
The Center for American Rights asked the agency to consult with CFIUS or other national security agencies on the studio's pending $8 billion Paramount merger over Tencent's "Chinese military company" designation The post Public Interest Law Firm Urges FCC to Review Skydance Media’s Relationship With China’s Tencent appeared first on TheWrap.
The U.S. Defense Department said on Monday it has added Chinese tech giant Tencent Holdings and battery maker CATL to a list of companies it says work with China's military, in a move set to escalate U.
The U.S. Defense Department has added major Chinese technology companies including gaming and technology company Tencent, artificial intelligence firm SenseTime and the world’s biggest battery maker CATL to its list of companies it says have ties to China’s military.
Pony Ma Huateng, founder and CEO of Tencent Holdings, said in his annual address to employees that he was confident in China's economic prospects and pleased with the growth of the company's video game revenue in overseas markets.
Washington has added Tencent Holdings Ltd.-backed startup Zhipu to a trade-restrictions blacklist, taking aim at one of a handful of fledgling firms considered frontrunners in the race to develop an answer to OpenAI’s ChatGPT.