Tencent allegedly accidentally released the real numbers of deaths and infections from the novel coronavirus (2019-nCoV) in China, quickly changing it back to the official figures.
The accident happened on Saturday evening, Feb. 1, when the second-largest company in China updated its “Epidemic Situation Tracker” webpage which showed skyrocketing numbers of deaths and infections, according to Taiwan News.
Tencent Holdings chairman Pony Ma has made it his company’s Lunar New Year tradition to distribute red envelopes containing money to employees as a form of spreading good wishes.
That’s why employees formed a long line outside Tencent’s new headquarters in Shenzhen’s Nanshan district on Tuesday morning anticipating some hongbao cash.
Redditors have taken to flooding their platform with Winnie the Pooh and Tiananmen Square pictures in an apparent protest against the news that Chinese tech company Tencent will invest $150 million in the site.
Reddit’s deal with Tencent, one of China’s largest arms in censoring content flagged by the government, is reportedly part of the site’s objective to raise $300 million to support its operations.
China’s Tencent Holding Limited is now more valuable than Facebook getting ahead of the social media giant’s net worth by $1 billion.
China’s top-earning conglomerate surpassed one of the most prominent social networks in the world shortly after it reached the $500 billion valuation mark, and beating Alibaba to become the first Chinese technology company to reach that milestone.
Massive Chinese tech company Tencent just hit a new milestone, exceeding 3.99 trillion Hong Kong dollars ($510 billion) in market value.
Tencent joins tech giants such as Facebook, Amazon, Microsoft, Alphabet and Apple which have over $500 billion valuation — surpassing Jack Ma’s Alibaba in the process.
WeChat users have now been informed that their favorite messaging app is sharing pretty much all of their private data with the Chinese government.
Chen, who became a billionaire at 30, founded the gaming company in 1999 — a time when Chinese entrepreneurs rushed to build their own internet portals akin to then-popular Yahoo!.
The elite title is now being held by Tencent founder Ma Huateng, AKA Pony Ma, who currently has an estimated net worth of $37.4 billion. He just edged out the Alibaba CEO, who now has $36.2 billion, by over $1 billion.
Two chatbots developed by a Chinese tech company were temporarily put offline after expressing dissent against the Communist Party.
Media company Tencent was forced to take down chatbots BabyQ and the Microsoft-created XiaoBing after they began offering responses that were not supportive of the ruling party in China.
Chinese tech firm Tencent, owner of the messenger app WeChat, was recently revealed to have paid some impressively high salaries last year, with ranges that would put even Apple to shame.
The company reportedly paid an unnamed employee $40 million in salary and bonuses last year, according to Mashable. The amount was significantly higher from the firm’s top salary in 2015, which was $35 million.
Tencent, the Chinese company behind the popular messaging service WeChat, apologized for hosting a sexually suggestive game during one of its teams’ dinner party.
The activity took place at an annual gathering of the company’s Instant Messaging Application Department, the team responsible for the messaging app QQ. Footage of the parlor game shows female employees kneeling and opening water bottles tucked between the legs of males with their mouths.
China’s Tencent Holdings, one of the world’s largest Internet companies, celebrated its 18th anniversary by giving its employees more than $220 million worth of company shares.
The company, which was founded on November 11, 1998, broke the news on its official WeChat account on Friday stating that it is set to give 300 company shares to each of its 31,557 employees.