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The Latest Breaking News from Tencent

VR news of the week: Quest 3 Lite, Pico woes, SteamVR Theater, and a stacked November

Everything you need to know about the world of VR this week, including Meta's plans to steal Pico's Chinese market, AAA game releases in November, and a cool new SteamVR trick.

Android Central

The Meta Quest 3 Lite could cause big problems for Pico in China

Meta and Tencent have reached a provisional deal to bring Meta Quest VR headsets to China, and the first major product could be the Quest 3 Lite.

Android Central

The CEO behind Indonesia's biggest movie ever wants to make your next foreign film hit : ‘I see ourselves as South Korea 15 years ago’

Tencent-backed MD Entertainment and its CEO Manoj Punjabi want to ride a wave of interest in Indonesian films—despite an "under-screened" local market.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Power up: will Chinese financing be the saviour of the Japanese video game industry?

Japan is seen as the home of games, but the sector is struggling – and China is poaching its talent. It’s a power shift that may change the gaming landscape for good

The Guardian - UK

Musk wants to charge everyone to use Twitter to counter 'bots’

Bots are actually advertisers' problems, but Musk needs to get account details from all his users if he wants to create an 'everything app' that rivals WeChat.

Fortune

Chinese video games are on the rise, but I wish they got more respect

China is the world’s biggest gaming market, where a culture of creativity has flourished – so please do not conflate companies and players with a repressive regime that cracks down on individual expression

The Guardian - UK

Tencent is bringing back Delta Force as a 'large-scale multiplayer PvP' shooter with a singleplayer campaign based on Black Hawk Down

This will be the first new Delta Force game since 2009.

PC Gamer

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What happened to the once-mighty Japan, Inc.?

Japan's Mitsubishi Corporation used to be the world's largest company by revenue. Now it's No. 46.

Fortune

China’s Internet Majors Downsize to Weather Business Headwinds

Survey finds that six of the 10 biggest players slashed payrolls last year, including Tencent, Meituan and Alibaba

Caixin Global

India or China? How to invest in the coming Asia boom

NEW DELHI/BEIJING: Money managers are navigating an historic shift: India’s population, at 1.43 billion, edged past China’s this year.

The Times of India

Synced preview - a pop-punk flavoured post-apocalypse

Synced brings fantastic customization to its PvPvE and co-op action as players must navigate a techno-apocalyptic future.

TechRadar

China wants to stop kids using their smartphones overnight

Wednesday's draft rules will allow parents to trigger a restricted mode on their children's smart devices, limiting usage and screentime.

Fortune

China proposes to limit children's smartphone time to a maximum of 2 hours a day

China’s internet watchdog has laid out regulations to curb the amount of time children spend on their smartphones, in the latest blow to firms such as Tencent and ByteDance, which run social media platforms and online games

The Independent UK

Australian Senate committee warns TikTok and WeChat could be the country's biggest security risks

A ban on WeChat from all government devices has been recommended.

PC Gamer

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The Independent UK

Australian Senate committee recommends government ban on TikTok be extended to WeChat

An Australian Senate committee has recommended a ban on the Chinese-owned video-sharing app TikTok from federal government devices be extended to China’s most popular social media platform, WeChat

Barchart

Will Tencent Holdings Regain Favor Among Investors?

After plunging to a 6-year low in October 2022, Tencent Holdings Ltd (TCEHY ) rallied to a 17-month high in January. However, the stock has since moved sideways as the company has fallen out of favor with Chinese investors. According to Bloomberg data, onshore investors have sold Tencent Holding shares...

The Guardian - AU

TikTok ban on Australian government devices should also cover WeChat, parliamentary committee recommends

Senate committee examining foreign interference on social media says it is ‘concerned’ with ‘unique national security risks’ the companies pose

The Guardian - UK

‘The everything app’: why Elon Musk wants X to be a WeChat for the west

Twitter owner’s rebranding is part of larger strategy to add payment functionality and more

Get all your
news in one place.

100's of premium titles.
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The Guardian - AU

WeChat user numbers plummet nearly 30% in Australia amid concerns of Chinese interference

Owner gives parliamentary inquiry no reason for fall over three years but says China’s government could not conduct surveillance on app

PC Gamer

Tencent claims another one, will become 'majority shareholder' of Dying Light studio Techland

Techland says the deal will help ensure its new fantasy-action game lives up to expectations.

Windows Central

Tencent acquiring majority of shares in Dying Light developer Techland

Tencent is becoming the majority shareholder in Dying Light developer Techland.

Caixin Global

WeChat Lets Users Link Overseas Cards for Everyday Payments in China

Tencent’s ubiquitous platform now allows people from overseas with certain international bank cards to access tens of millions of merchants

The Week

The Barbie ban and China’s hold over Hollywood

Vietnam has banned the new “Barbie” film because it features a map showing China’s claim to the South China Sea.

The Guardian - US

No Trade Is Free review: Trump’s man plots an unusually civil course

Robert Lighthizer, once US trade representative, is a rare aide of little interest to investigators. His readable book shows why

The Times of India

Ant to buy back shares at 70% lower valuation than at IPO

Jack Ma-backed Ant Group Co is proposing to buy back as much as 7.6% of shares in an effort to retain talent and offer an exit for investors ensnared by a years-long regulatory crackdown at the company.

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