The U.S. government’s decision to ban TikTok, the immensely popular short-form video app owned by China’s ByteDance, has sent shockwaves through the tech industry,…
Tencent approaches Facebook valuation following search engine merger
Yesterday evening, Tencent revealed it’ll take a 36.5% slice of search engine rival Sogou for US$448-million. The deal should boost both Sogou and Tencent’s…
Tencent gearing up for Facebook challenge?
It looks like Chinese internet giant Tencent is gearing up to take on Facebook. A report indicates plans by the company to offer users…
Tencent, Qihoo need to ‘strengthen professional ethics’: Chinese govt
Two of China’s leading internet companies, Tencent and Qihoo, have been forced by the Chinese authorities to issue public apologies over a nasty spat…
Tencent acquires major Chinese social network from Google
China’s largest online company, Tencent, has bought Beijing-based social networking provider Comsenz from search giant Google and VC firm,Sequoia Capital for $60-million. Comsenz is…
