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tencent

Tencent launches Dream Star, taking on NetEase’s Eggy Party in bid to take the lead in party games genre

by Anas Siddiqui
Tencent launches Dream Star, taking on NetEase’s Eggy Party in bid to take the lead in party games genre

Tencent Holdings has launched its eagerly awaited casual party game Dream Star in a direct challenge to a similar title by rival NetEase, as the world’s biggest video game publisher …

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Chinese game makers Tencent, NetEase tout ‘social values’ in biggest titles as regulatory crackdown weighs on industry

by Anas Siddiqui
Chinese game makers Tencent, NetEase tout ‘social values’ in biggest titles as regulatory crackdown weighs on industry

“Tech for Good is one of Tencent’s missions and visions, and League of Legends is adhering to this to make the world warmer,” said Su, adding that the title developed …

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TikTok joins US$10 billion club as only non-video game app to reach the revenue milestone amid strong ByteDance growth

by Anas Siddiqui
TikTok joins US billion club as only non-video game app to reach the revenue milestone amid strong ByteDance growth

Short video app TikTok has become the first entertainment mobile app that is not a video game to rake in more than US$10 billion in global user spending, according to …

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OpenAI’s ChatGPT took the AI world by storm a year ago and China is still playing catch-up as US piles on the pressure

by Anas Siddiqui
OpenAI’s ChatGPT took the AI world by storm a year ago and China is still playing catch-up as US piles on the pressure

LLMs are deep-learning AI algorithms that can recognise, summarise, translate, predict and generate content using very large data sets. While the arrival of ChatGPT has spurred a frenzy among Chinese …

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Tencent suffers stock setback as Dutch group Prosus trims part of US$92 billion stake in WeChat operator

by Anas Siddiqui
Tencent suffers stock setback as Dutch group Prosus trims part of US billion stake in WeChat operator

Dutch group Prosus NV sold another piece of its US$92 billion stake in Tencent Holdings to help fund its own stock buy-back in Amsterdam, pressuring the WeChat operator’s stock trading …

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Generative AI translation lifts overseas sales of Chinese online literature industry: report

by Anas Siddiqui
Generative AI translation lifts overseas sales of Chinese online literature industry: report

China’s online literature industry has enjoyed a boom in overseas sales, thanks to the rapid development of artificial intelligence (AI) technology that allows Chinese web novels to be translated quickly …

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Tencent apologises for outage at its Netflix-like video streaming service, in the latest example of glitch at Big Tech firm

by Anas Siddiqui
Tencent apologises for outage at its Netflix-like video streaming service, in the latest example of glitch at Big Tech firm

Tencent Video said functions were being restored gradually and apologised for the outage. Tencent did not immediately respond to a request for comment on Monday on the current status of …

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Ubisoft appoints new Shanghai studio head as French video gaming giant continues to tweak business amid tough conditions

by Anas Siddiqui
Ubisoft appoints new Shanghai studio head as French video gaming giant continues to tweak business amid tough conditions

French video gaming powerhouse Ubisoft Entertainment, the publisher behind hit action-adventure franchise Assassin’s Creed, has appointed a new Shanghai studio head amid a tough environment in the world’s largest video …

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TikTok owner ByteDance retreats from video gaming with cuts at main studio amid a stagnating market dominated by Tencent

by Anas Siddiqui
TikTok owner ByteDance retreats from video gaming with cuts at main studio amid a stagnating market dominated by Tencent

TikTok owner ByteDance is making a big retreat from video gaming with hundreds of lay-offs at its main gaming unit, according to four sources briefed on the matter. Nuverse, ByteDance’s …

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Video game streamer Douyu confirms CEO’s arrest in China after weeks of speculation about gambling content

by Anas Siddiqui
Video game streamer Douyu confirms CEO’s arrest in China after weeks of speculation about gambling content

Police in Chengdu, the capital of southwest China’s Sichuan province, said on Wednesday they had arrested a 39-year-old man surnamed Chen on suspicion of opening a casino, a day after …

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