Tencent: News

Tencent Holdings is a Chinese multinational technology company and one of the largest video game vendors headquartered in Shenzhen, China. It was founded in 1998 by Pony Ma, Xy Chenye, Zhang Zhidong, Chen Yidan, and Zeng Liqing. Tencent’s services include music (Tencent Music), social networking, e-commerce, web portal, mobile and online gaming, payment system, and smartphones. The company has also collaborated with tech giant ASUS to produce gaming-centric ROG-series smartphones.

23 Jan 2024


Tencent's Riot Games to lay off over 500 workers

Riot Games, the Los Angeles-based online gaming company behind hits like League of Legends, is set to lay off 530 employees. This constitutes about 11% of its global workforce.

09 Jan 2024


TikTok-owner ByteDance in talks to sell gaming assets to Tencent

ByteDance is in talks with several potential buyers, including Tencent, the world's biggest video game company, to sell its gaming assets.

25 Dec 2023


China relaxes grip on online gaming after $80bn market drop

China has approved 105 domestic video games, including titles from major companies such as Tencent and NetEase, reports Bloomberg.

22 Dec 2023


Tencent loses $46bn in m-cap amid China's online gaming curbs

China is cracking down on online gaming, implementing new measures to curb spending and content, which has led to a massive $46 billion loss in Tencent's value.

08 Dec 2023


PUBG Mobile-developer Tencent eyes big-budget console gaming with 'Last Sentinel'

Tencent Holdings, the Chinese tech powerhouse, has unveiled its most ambitious console game to date, "Last Sentinel," at The Game Awards in Los Angeles.

27 Nov 2023


TikTok parent shuts down gaming unit, lays off hundreds

ByteDance, TikTok's parent company, is planning to shut down its Nuverse gaming division and withdraw entirely from the mainstream video game industry, according to Reuters.

15 Nov 2023


Tencent Q3 revenue climbs 10% as games sales recover

Chinese tech giant Tencent Holdings saw a 10% surge in its third quarter revenue, hitting 154.6 billion yuan (Rs. 1.78 lakh crore).

10 Nov 2023


Meta to return to China after 14-year hiatus: Here's how

Meta has struck a deal with Tencent to sell a new, low-cost virtual reality (VR) headset in China, as per a Wall Street Journal report.

Tencent claims its Hunyan AI is better than ChatGPT

China's most valuable internet company Tencent Holdings has introduced its artificial intelligence (AI) large language model, called Hunyuan.

06 Sep 2023


Tencent's AI chatbot ready for launch after Beijing's green light

China's internet giant Tencent Holdings is gearing up to launch an artificial intelligence (AI) chatbot, following the Chinese government's approval of AI chatbots for public release last month.

25 Nov 2021

Pokemon Go

China bans Tencent Holdings from updating and releasing new apps

The Chinese government's Ministry of Industry and Information Technology has reportedly instructed app stores and platforms to prevent Tencent Holdings from updating its existing apps and launching any new ones as a part of a "temporary administrative guidance."

16 Jul 2021


Tencent's facial scans will catch Chinese children gaming at night

In a bid to curb addiction to video games and reduce the time youngsters spend gaming, game developer Tencent has taken the drastic step of using facial recognition technology to catch children gaming at night.

09 Feb 2021


Reddit raises $250 million in Series E funding

Super Bowl advertisements are incredibly pricey, but Reddit seems to have got its money's worth. The self-declared "front page of the internet" has raised a cool $250 million in the latest funding round.

17 Dec 2020


PUBG Mobile India not granted permission for launch, confirms government

The central government has confirmed that it has not granted any permission to PUBG Mobile India for a launch.

12 Nov 2020


PUBG Mobile is returning to India: Here's everything to know

PUBG Corporation, the creator of PlayerUnknown's Battlegrounds (PUBG), has announced it is preparing to soon launch a new game called "PUBG Mobile India" specifically created for the Indian market.

27 Sep 2020


PUBG ban not likely to be revoked anytime soon: Report

The ban on PUBG came as a big blow for PUBG Corporation, the creator of the title, and Tencent Games, the Chinese company behind its mobile version.

16 Sep 2020


Chinese giant Tencent pumps money into Flipkart: Details here

Chinese tech giant Tencent is pumping money into Flipkart, India's leading online shopping platform.

Fantasy sports unicorn Dream11 raises $225 million: Details here

In a major move, Dream Sports, the unicorn parent company of fantasy sports platform Dream11, has raised $225 million in a fresh round of funding.

13 Sep 2020


#WeeklyRecap: Android 11, affordable Xbox Series S, and more

This week, a number of developments were reported in the world of technology, especially in the consumer tech department.

08 Sep 2020


PUBG Corporation breaks ties with Tencent Games in India

PUBG Corporation, the original developer of PUBG, has announced the decision to break association with China's Tencent Games in India.

06 Sep 2020


#WeeklyRecap: PUBG banned, PM Modi's Twitter account hacked, and more

This week, a number of developments were reported in the world of technology, but two events gained particular attention.

04 Sep 2020


PUBG maker Tencent will engage with India for ban reversal

Earlier this week, India's Ministry of Electronics and Information Technology announced the decision to ban more than 100 Chinese apps over national security concerns.

09 Aug 2020


#WeeklyRecap: US blocks out ByteDance; Apple, Google unveil new devices

This week, we witnessed some major hardware launches, but the biggest news in the world of tech was US President Donald Trump's crackdown on TikTok's parent ByteDance and WeChat's parent Tencent.

07 Aug 2020

Donald Trump

Chinese giant Tencent loses $35 billion after Trump's ban

A few hours ago, US President Donald Trump signed an executive order banning certain business transactions with Tencent, the Chinese conglomerate that owns WeChat messaging service.

21 Jul 2020


Hackers can make your device explode with a fast charger

Fast chargers are a boon for people who prefer to power up their phones/laptops in quick and short charging sessions.

05 Jul 2020


ASUS ROG Phone 3 to launch on July 22: Report

Taiwanese tech giant ASUS, in association with Tencent, is set to unveil its flagship ROG Phone 3 on July 22, reported Mashdigi.

ASUS ROG Phone 3 to be launched in July

Taiwanese tech giant ASUS, in association with Tencent Games, will unveil its flagship ROG Phone 3 in July, the company has announced.

24 Mar 2020

Gaming Bytes

#GamingBytes: Top five tips to win PUBG squad games

PUBG is famous for delivering one of the most electrifying and realistic 'Battle Royale' experiences.

20 Mar 2020

Gaming Bytes

PUBG Sanhok Map: Tips and tricks to win here

PUBG has been, consistently, delivering a phenomenal 'Battle Royale' experience.

11 Mar 2020


#GamingBytes: Five tips to follow after installing PUBG Mobile

PUBG Mobile enjoys an immense fan following in Asian countries as it delivers one of the finest Battle Royale experiences on mobiles.

29 Feb 2020


PUBG banned this player for 10 years: Here's why

The widespread popularity of PUBG has made the game a breeding ground for cheaters.

06 Feb 2020


Is China under-reporting coronavirus cases, deaths amid outbreak?

The official tally of confirmed cases of coronavirus surged past 28,000 on Thursday, while the death toll reached 563 in China.

02 Feb 2020


Tencent leads $15 million Series A funding in Doubtnut

Gurugram-based Doubtnut, an ed-tech start-up which provides interactive video solutions to students' queries via its mobile application, website, YouTube and WhatsApp channels, has raised $15 million in a Series A round of funding led by Chinese conglomerate Tencent.

11 Nov 2019


Insurance aggregator Policybazaar raises $150 million from Tencent

Insurance aggregator company Policybazaar, which compares financial services from major insurance companies for instant purchases, has raised $150 million in a funding round led by Tencent Holdings Ltd.

30 Oct 2019

New Zealand

MX Player raises $110 million from Tencent: Details here

Popular over-the-top video platform MX Player has raised $110 million in a funding round led by Chinese tech giant Tencent.

Tencent's AI is changing advertising: Here's how

These days, companies shell millions to market their products and promote them through online platforms like Facebook/Instagram and offline channels like billboards, commercials, and movie/TV show sponsorships.

15 Oct 2019


Apple defends its move of sending data to Chinese company

Just a day after facing flak for sending Safari browsing data to Chinese giant Tencent, Apple has responded to the criticism, defending the way it shares information.

14 Oct 2019


Safari caught sending browsing data to Chinese company: Details here

Apple has long been sending data to Google Safe Browsing to warn users about phishing scams and malicious websites.

12 Sep 2019

PUBG Mobile

#GamingBytes: PUBG Mobile 0.15.0 getting helicopters, rocket launchers, more

PUBG Mobile is set to get even more exciting.

27 Aug 2019


PUBG Mobile makes millions from players in India: Here's how

We all know about the fan-following of PUBG Mobile, aka PlayerUnknown's Battlegrounds.