52.79 F
New York
October 18, 2019
Home » Tencent Holdings Ltd

Tencent Holdings Ltd

CNBC Business

Chinese anger over Hong Kong ensnared 3 big US businesses — and critics say they bent to Beijing

CNBC
Apple, Activision and the NBA angered China this week over episodes related to Hong Kong’s anti-government protests. Source link: Click here for more
CNBC Business

Blizzard strips pro gamer of tournament earnings after his support for Hong Kong protests

CNBC
Chung “Blitzchung” Ng Wai wore a gas mask and goggles and appeared to shout a slogan often associated with Hong Kong protesters: “Liberate Hong Kong, revolution of our time.” Source link: Click here for more
CNBC Business

Alibaba shopping sites appear to have de-listed Houston Rockets products in China

CNBC
Searches for “Houston Rockets” and “Rockets” in Chinese on Alibaba-owned Taobao and Tmall and rival JD.com yielded no results. Source link: Click here for more
CNBC Business

US technology leadership under threat

CNBC
President Donald Trump meets with China’s President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, June 29, 2019. Kevin Lemarque | Reuters China is closing in on the U.S. in some areas of technology and could soon even overtake America in...
CNBC Business

Restricting US investment into China could hurt US, analysts say

CNBC
BEIJING — Possible U.S. restrictions on investing in Chinese companies would not only have a limited effect on China — but it could also hurt the United States, analysts told CNBC. The comments come on the back of reports that the White House is considering investment curbs on China, such as...
CNBC Business

Banks partner with fintechs amid challenge from Facebook, Apple

CNBC
People walking in front of modern office buildings, in Canary Wharf, London. Easyturn | E+ | Getty Images Big banks know they need to change with the times. And to do that, many are striking partnership deals or buying into nimble start-up competitors as an alternative to building out costly...
CNBC Business

No hurry to take karaoke app to more markets

CNBC
The logos of QQ Music, Kugou and Kuwo are seen on the screen of an iPhone on June 12, 2018 in Paris, France. QQ Music, Kugou and Kuwo are the three streaming Chinese music services owned by Tencent. Chesnot | Getty Images Tencent Music Entertainment is in no hurry to...
CNBC Business

China cryptocurrency may trigger globalization of yuan

CNBC
This becomes a mechanism by which (the yuan) can be used in everyday transactions all around the world. Jeremy Allaire CEO of Circle China’s central bank plans to launch its digital token through a two-tier system, under which both the PBOC and commercial banks would be legitimate issuers. “I look...
CNBC Business

Naspers’ Prosus lists in Amsterdam at $100 billion valuation

CNBC
Bob van Dijk, chief executive officer of Naspers Ltd. Bloomberg | Bloomberg | Getty Images Europe has lamented its lack of big internet technology companies capable of competing with U.S. and Chinese giants like Google, Facebook, Alibaba and Tencent. Overnight, the continent’s fortunes changed in the form of a $100...
CNBC Business

China will win trade war, reduce reliance on US tech: Strategist

CNBC
China will win the trade war with the U.S., and eventually wean itself off its reliance on American technology, a strategist told CNBC on Monday. “China will never trust the United States again, and it will achieve its technology independence within seven years,” David Roche, Independent Strategy’s president and global...
CNBC Business

Jack Ma steps down as Alibaba (BABA) chairman: History of the company

CNBC
2019 is a big year for Alibaba. The Chinese e-commerce giant is celebrating its twentieth anniversary and its high-profile founder Jack Ma, is stepping down as chairman on Tuesday. Since its founding in 1999, Alibaba has gone from being a traditional e-commerce company to a conglomerate that has businesses from...
CNBC Business

Worries about the dangers of facial recognition growing in China

CNBC
A display for facial recognition and artificial intelligence is seen on monitors at Huawei’s Bantian campus on April 26, 2019 in Shenzhen, China. Kevin Frayer | Getty Images China’s seemingly unfettered push into facial recognition is getting some high-level pushback. Face-swapping app Zao went viral last weekend, but it subsequently...

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More