China Newsbase
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The China News Database was last updated at 08:27AM on December 31, 2023.
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91 articles matching the search query.
Tencent dives into overseas blockchain projects in bid to rule the metaverse
Tencent has invested in Immutable, a Sydney-based NFT startup, as the Chinese tech giant looks to diversify into more blockchain opportunities overseas.
March 11, 2022 Source: The China Project
Tencent pledges to achieve carbon neutrality by 2030
As one of the world’s largest operators of data centers, Tencent was responsible for 5.1 million tons of carbon dioxide last year, roughly one-tenth of what the entire city of New York emitted in 2020. The company is apparently aware of the problem and is seeking multiple methods to achieve zero emissions.
March 1, 2022 Source: The China Project
The top 10 metaverse companies in China
The metaverse, a concept world of virtual and augmented reality, including games and remote working environments, is the hot new thing for China’s tech investors. Here are the top 10 companies in the space.
February 15, 2022 Source: The China Project
A young hero takes on Tencent — phrase of the week
A young man called out Tencent for abusive work practices and became a hero on Chinese social media. Watch out for him, cautioned one commenter, using an old Cantonese saying.
February 4, 2022 Source: The China Project
Smart trash cans but no social media in new ‘digital economic development plan’
Beijing’s campaign to tame the internet platforms doesn’t mean an aversion to digital technology. But the government wants technology deployed in the real economy, to make factories more efficient, and cities and villages better places to live.
January 13, 2022 Source: The China Project
Cloud computing startup bags $40 million in angel financing round
Jiuzhu Network Technology, a cloud computing and networking startup, has raised $40 million in an angel financing round on the back of growing demand for remote work.
January 6, 2022 Source: The China Project
Tencent off-loads share in gaming company
Tencent has off-loaded $3 billion worth of shares in the Singapore-based gaming and ecommerce firm Sea, in a move to align its portfolio to match the priorities of Beijing’s “common prosperity” and sustainability push.
January 5, 2022 Source: The China Project
A star worker’s suicide at Tencent
Chinese tech company workers and internet users are less than satisfied with Tencent’s explanation of a young employee’s suicide.
December 16, 2021 Source: The China Project
Chinese state-run companies restrict employees’ use of WeChat
Chinese regulators are targeting Tencent. This week, the government restricted the use of the company’s apps in state enterprises and pried open WeChat’s walled garden.
November 30, 2021 Source: The China Project
Chinese tech philanthropy in the age of ‘common prosperity’
In China, tech companies are facing particular pressure to showcase social responsibility. Xi Jinping acknowledged that the “new round of technological revolution and industrial transformation is giving a strong impetus to economic development.” However, he also pointed out that its negative effects on employment and income distribution need to be “effectively addressed and resolved.”
November 23, 2021 Source: The China Project
Dull tech earnings chalked up to increased spending
A story from the The China Project A.M. newsletter. Sign up for free here.
November 19, 2021 Source: The China Project
Overseas gaming a rare bright spot in Tencent’s weak Q3 report
Tencent has its slowest revenue growth in 17 years, but overseas gaming may be a lifeboat. This story is from the The China Project A.M. newsletter — sign up for free here.
November 11, 2021 Source: The China Project
Crypto VC firm gears up to invest while tech majors stay away
A story from the The China Project A.M. newsletter. Sign up for free here.
October 26, 2021 Source: The China Project
Editor’s note for Friday, October 1, 2021
A note for Access newsletter readers from Jeremy Goldkorn. Today: Power cuts continue to affect factories and residential areas; U.S. Trade Representative Katherine Tai set to unveil trade strategy on October 4; and two corruption cases advance, including that of former top cop Sūn Lìjūn 孙力军, who reportedly has some connection with Tencent.
October 1, 2021 Source: The China Project
Chinese Big Tech’s walled gardens continue opening up
A story from the The China Project A.M. newsletter. Sign up for free here.
September 29, 2021 Source: The China Project
Chinese investors pile into ‘metaverse,’ despite official warnings
“Investment is not a virtual game,” a commentary in state-run Chinese media said earlier this month, warning investors to avoid augmented and virtual reality “metaverse” products. Investors did not listen — Beijing-based Nreal, an augmented reality technology company, just completed a Series C funding round of over $100 million.
September 24, 2021 Source: The China Project
China steps up antitrust campaign with new draft rules targeting internet companies
China’s State Administration for Market Regulation published a set of draft regulations on internet companies that was remarkable for its detailed list of prohibited behaviors.
August 17, 2021 Source: The China Project
Shares plunge as Beijing pushes ahead with new rules for education and tech companies
Investors are fleeing Chinese education stocks and pricing in risks across a range of industries as Beijing heats up a long-brewing regulatory storm.
July 26, 2021 Source: The China Project
On a dry spreadsheet, lives to be saved: How a collaborative document helped flood rescue efforts in Zhengzhou
As floodwaters in Henan Province recede, China’s tech giants are doing their best to do their civic duty with large aid donations and online tools to help victims.
July 22, 2021 Source: The China Project
Tencent launches a space program
Tencent launches a space program
July 8, 2021 Source: The China Project