The US just added Tencent — which backs US startups — to its list of ‘Chinese military’ companies
While the Chinese internet giant Tencent is best known for its super app WeChat, it’s also a major investor in U.S. tech companies and startups. Some of
WeChat owner Tencent makes the US DoD's naughty list
Tencent is now designated as a military company by US Dept of Defense. While this may impact its business, there are currently no sanctions or bans in place. Tencent plans to work with the government to address the misunderstanding and get removed from the list.
Tencent Plunges After Landing On U.S. List Of Military-Linked Firms
Chinese web giant Tencent was added to a U.S. list of military-linked firms, spooking investors and triggering as much as a 7% plunge in its Hong Kong-listed shares.
US DoD adds CXMT, CATL, Tencent to list of companies suspected of aiding the Chinese military
The U.S. Defense Department has updated its list of Chinese companies allegedly linked to the People's Liberation Army (PLA). The most notable new names on the list are memory maker Changxin Memory Technologies (CXMT), battery maker CATL, and cloud and gaming giant Tencent, reports Nikkei.
Tencent Stock Falls After U.S. Adds WeChat Owner to ‘Chinese Military’ List
Shares in Tencent dropped, after the Pentagon added the social-media and videogaming company to its list of "Chinese military companies." Tencent said the addition was "clearly a mistake." Hong Kong-listed stock in Tencent fell more than 7%.
US designates Tencent a Chinese military company, adding tech giant to blacklist
The Defense Department added video game maker Tencent Holdings to its "blacklist" of companies doing business in the U.S. while allegedly aiding the Chinese military.
Tencent shares fall 8% in Hong Kong after U.S. designates it a Chinese military company
Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.
US Adds Tencent, CATL To List Of 'Chinese Military Companies'
The US Defense Department has added Chinese tech giant Tencent and battery manufacturer CATL to a list of companies it says are affiliated with Beijing's military.
Tencent Designated as a Chinese Military Company by US
The US Department of Defense has classified Tencent, a major investor in several big video game companies, as a Chinese military company. The report from Bloomberg states that Tencent alongside battery maker CATL have been added to a list that classifies them as Chinese military companies.
Tencent Makes Biggest Buyback Since 2006 After US Blacklist
Tencent Holdings Ltd. repurchased the most shares in nearly two decades after a selloff sparked by the tech firm’s addition ...
US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing's military
The U.S. Defense Department said on Monday it has added Chinese tech giant Tencent Holdings and battery maker CATL to a list ...
US adds Chinese tech giants to list of companies allegedly working with China’s military
The US Defense Department has added Chinese tech companies Tencent, a social media and gaming giant, and CATL, the world’s largest battery maker, to a list of firms that it alleges work with China’s ...
WeChat, TikTok First to Secure Licenses Under Malaysia’s New Social-Media Rules
The two Chinese technology companies had each obtained licenses under requirements for internet- messaging and social-media ...
Malaysia grants WeChat, TikTok licences to operate under new law
Malaysia's communications regulator said it granted Tencent's WeChat and ByteDance's TikTok licences to operate in the ...
Alibaba revamps gift-giving feature on Taobao marketplace to fend off Tencent competition
After placing an order, the buyer sends a virtual gift card with passcode to the recipient, who has to claim the goods within 24 hours.
Tencent's US blacklisting stokes fear of tech war escalation with China
The US government's move to add Tencent Holdings, China's most valuable company, to its list of Chinese military firms has ...
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Meta to get licence soon - Fahmi
Meta Platforms Inc (Meta) is expected to receive its licence to operate in Malaysia soon, following three other internet ...