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The Latest Breaking News from Tencent

Billionaires and bureaucrats mobilize China for AI race with US

China’s tech sector has a new obsession: competing with U.S. titans like Google and Microsoft Corp. in the breakneck global artificial intelligence race.

Tribune News Service

Chinese billionaires go all-in on AI

China’s tech sector has a new obsession: competing with US titans like Google and Microsoft in the breakneck global artificial intelligence "arms race".

Bangkok Post

Amazon sets its sights on Lord of the Rings for new MMO project

An agreement has been reached to allow Amazon Games to develop a new MMO set in the world of The Lord of the Rings.

TechRadar

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Amazon is making another Lord of the Rings MMO, despite cancelling the last one

It's in the early stages of production with the New World team at Amazon Games Orange County.

PC Gamer

Xbox hasn't 'given up' on the console war — they already stopped taking part

Following Phil Spencer's comments on Kinda Funny Xcast, some of the Xbox community has taken key quotes about Xbox and its position in the console market wholly out of context in the wider debate about how Xbox measures success.

Windows Central

Weekly Must-Read: Top Chinese Digital Banks Report More Bad Loans but Higher Earnings

Ant-backed MYbank and Tencent-backed WeBank disclose higher nonperforming loan ratios amid the pandemic yet liquidity metrics remain healthy

Caixin Global

Hong Kong, c/- China

Part two of our special report on the Hong Kong international writers festival.

Newsroom.co.nz

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Tencent users targeted by dangerous mobile malware

ESET spots a highly targeted, advanced cyber-espionage campaign attacking Tencent users.

TechRadar

Foreign Investors Remain Wary of China

Investor sentiment toward China was undercut this week after two significant foreign investors in Chinese stocks announced they were liquidating their Chinese holdings. On Wednesday, European internet giant Prosus NV registered more than $4 billion of its stake in China’s Tencent Holdings (TCEHY ) for potential sale in Hong Kong,...

Barchart

SenseTime, Alibaba announce China ChatGPT competitors

SenseTime and Alibaba both announced new A.I. services in an effort to catch up to OpenAI's offerings.

Fortune

Tencent Cloud facilitates ‘China Connect’,

With its strong productivity and rapid economic growth, China is today one of the leading destinations for businesses from across the globe and full of opportunities. However, unique characteristics such as competitor and consumer behaviour and local culture and regulations, have made it critical for organisations to have an experienced…

Bangkok Post

China’s tech old guard make way for young blood in AI, crypto era

Beijing is seeking to assure tech sector that crackdown has passed amid questions about direction of regulatory policy.

Al Jazeera

Opinion: Significance of Jack Ma’s Reappearance Should Not be Underestimated

Alibaba co-founder’s well-publicized visit to a local school signals a shift in China’s treatment of big tech

Caixin Global

Alibaba Considers Yielding Control of Some Businesses in Overhaul

Alibaba Group said on Thursday it will look to monetize non-core assets and consider giving up control of some businesses, as the Chinese tech conglomerate reinvents itself after a regulatory crackdown that wiped 70% off its shares. Group CEO Daniel Zhang said the company's breakup into separate businesses will allow…

Asharq Al-Awsat

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The Independent UK

China e-commerce giant Alibaba outlines future strategy

The CEO of Chinese e-commerce and financial giant Alibaba says the company is moving toward giving up control of some of its business units in a transition toward becoming a capital operator to unlock the value of its sprawling businesses

TechRadar

E3 2023 is on the ropes as more publishers pull out

Devolver Digital, Sega and Tencent have announced that they will not be attending E3.

GamesRadar

Reports suggest E3 2023 could be canceled after losing even more publishers

Sega and Tencent are reportedly out

Windows Central

Sega and Tencent are not attending E3 2023

Sega and Tencent will not attend E3 2023, and it sounds like even more companies are planning to skip the event as well.

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news in one place.

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The Conversation

AI chatbots with Chinese characteristics: why Baidu's ChatGPT rival may never measure up

On March 16, Baidu unveiled China’s latest rival to OpenAI’s ChatGPT – ERNIE Bot (short for “Enhanced Representation through kNowledge IntEgration”). The “multi-modal” AI-powered chatbot can generate text, images, audio and video from a text prompt.

Bangkok Post

Tencent Cloud introduces ‘Metaverse Solutions Suite’

The rapid evolution of digital technology has resulted in a stronger connection between the virtual and real worlds. Many organisations have begun to seek opportunities by developing platforms connected to the metaverse, allowing businesses to create unique user experiences.

TechRadar

TikTok trackers found on multiple US government websites

Tracking pixels belonging to TikTok, Tencent, Alibaba, and Russian-owned Kaspersky were all found.

Al Jazeera

China wants AI to rival ChatGPT. Censorship makes that tricky

Chinese firms including Baidu and Alibaba are racing to roll out versions of the chatbots taking tech world by storm.

The Guardian - UK

‘Political propaganda’: China clamps down on access to ChatGPT

Leading tech firms reportedly ordered to remove workarounds allowing access to US-based service

Inverse

Is VR Gaming in Trouble? Not at All, Even if Tencent Is Withdrawing Its VR Plans

Tencent is reportedly axing its VR plans, but with Meta and PlayStation pouring huge sums of money into VR, the future of VR gaming has little to worry about.

Fortune

Mark Zuckerberg’s Metaverse ambitions could get a big boost as Tencent discusses selling the Meta Quest 2 headset in China

Facebook has been blocked in the country for 14 years.

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