Stake sale talks value China's TikTok-rival Xiaohongshu at $20 billion, Bloomberg News reports
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.
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US places trade restrictions on Tencent-Backed AI startup, citing national security concerns
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.
Biden Blacklists China's Tencent in Busy Lame Duck Phase | Vantage with Palki Sharma
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.
Tencent Stake in Skydance-Paramount Draws Lawmaker Scrutiny
CBS owner Paramount Global’s merger with film and TV producer Skydance Media should be reviewed by federal authorities because of the participation of China’s Tencent Holdings Ltd., which was recently added to a US military blacklist,
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China’s Soft Power Play: How Video Games Are Boosting Beijing’s Global Influence
Tencent’s dominance in the gaming world has turned digital entertainment into a powerful vehicle for projecting China’s culture and influence globally.
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The US just added Tencent — which backs US startups — to its list of ‘Chinese military’ companies
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

TikTok 'refugees' flock to Rednote

China's RedNote: what you need to know about the app TikTok users are flocking to
RedNote’s red flags: App that Gen Z flocked to ahead of TikTok ban has ties to Chinese military
Who Is Behind RedNote, the Chinese App Attracting TikTok Users?
Xiaohongshu is operated by Xingyin Information Technology Ltd., which is based in Shanghai and owned by the billionaire entrepreneurs Charlwin Mao and Miranda Qu. Xingyin holds a minority stake in a consulting and entertainment company based in Henan that is also funded by the provincial government, according to Wirescreen, a data platform.
Public Interest Law Firm Urges FCC to Review Skydance Media’s Relationship With China’s Tencent
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.
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Chinese tech companies Tencent, CATL and others protest US listings as army-linked companies
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.
Tencent CEO praises China's economic 'resilience', hails overseas gaming revenues
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.
US Blacklists Tencent-Backed AI Startup as Tech Curbs Deepen
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.
Tencent: Growth At The Right Price
Tencent's strong social media and fintech segments, coupled with a positive gross profit trend, underline favorable business trends. See why TCEHY stock is a Buy.