china

Tencent Music

Tencent Music beats profit estimates as content push brings in listeners

Tencent Music Entertainment Group beat analysts’ estimates for third-quarter profit, as efforts to bolster content attracted more paying users to its Spotify-like music strea...

Platform News: Jack Ma, the founder of Alibaba

Jack Ma, Trump and Xi: How Chinese billionaire flew close to the sun

This was supposed to be Jack Ma’s finest hour: a year ago to the day, his Ant Group was meant to go public in a $37 billion blaze of glory. Instead Beijing reined in his empi...

Platform NewS: China's ByteDance CEO and TikTok apps Founder

Source: ByteDance founder Zhang Yiming steps down as chairman

ByteDance founder Zhang Yiming has stepped down as chair of the company, after saying in May he would step down as CEO, a person with direct knowledge of the matter told journalist...

Yahoo

Yahoo leaves China for good, cites “challenging” environment

Yahoo said it had stopped allowing its services to be accessible from mainland China “in recognition of the increasingly challenging business and legal environment”, th...

Platform News: Apple logo on the side of a building

How Apple is gaining smartphone customers during a chip shortage

Apple Inc is eating into its rivals’ smartphone market share as the iPhone maker navigates through a global chip crunch better than other mobile phone makers, according to da...

Tencent Holdings

Tencent’s $1.3 billion Sumo deal comes under US security probe

A US national security panel is investigating Tencent Holdings’ $1.27 billion takeover of Sumo Group, the UK videogame maker has said, in a possible setback to the Chinese in...

Platform News: Apple logo on a retail store window

Apple results hit by supply chain woes

Supply chain woes cost Apple Inc $6 billion in sales during the company’s fiscal fourth quarter, which missed Wall Street expectations, and CEO Tim Cook said that the impact ...

esports and gaming

Esports talent in South Korea gets boost from big business

South Korean teenager Yoon Ki-chan gets just three hours of sleep a day but spends more than three times that playing online games – with the blessing of his parents and teac...

Platform Industry: TikTok app and Facebook

TikTok tells US lawmakers it does not give information to China’s government

An executive at TikTok faced tough questions during the video-sharing app’s first appearance at a US congressional hearing, saying it does not give information to the Chinese...

Tencent WeChat

Tencent says ‘loophole’ allowed WeChat searches on Google, Bing

WeChat has fixed a glitch that allowed some of its content to be searchable by external search engines, the owner of China’s most popular messaging app has said, raising ques...

Tencent WeChat

WeChat makes content searchable on Google and Bing

WeChat has made its content searchable on some foreign search engines such as Google and Bing, checks have showed, in the latest tearing down of “walled gardens” in Chi...

Platform News: Jack Ma, the founder of Alibaba

Jack Ma spotted in Mallorca in rare trip abroad after China scrutiny

Alibaba Group founder Jack Ma was on the Spanish island of Mallorca where his luxury yacht is anchored, two Spanish newspapers have said, on his first known trip abroad since he fe...

Tencent WeChat

Newspaper: China regulators should act further to free up apps’ access to rivals’ links

Chinese internet platforms have not gone far enough in unblocking external links, as instructed by authorities, and relevant government bodies should take further action to interve...

Chinese Flag

China to keep up scrutiny of internet sector – Xinhua

China will continue its scrutiny of the internet sector, rooting out practices including the blocking of site links by rival platforms and ensuring smaller players have room to dev...

Jack Dorsey

Square CEO Dorsey says looking to build a bitcoin mining system – tweet

Square Inc CEO Jack Dorsey has said that the leading FinTech player is looking to build a bitcoin mining system based on custom silicon and open source for individuals as well as b...