Posts filtered by tags: Tencent[x]


 

China: Beijing High Peoples Court rules 鹅厂 (Penguin Factory) established connection with Tencent - Spruson & Ferguson

Tencent was successful in showing that the Chinese public associated the disputed term with Tencent.
Tags: News, China, Tencent, Ferguson, Beijing High Peoples Court, Penguin Factory, Tencent Spruson amp


Trump Blew Up More Than Just TikTok and WeChat

An anonymous reader quotes a report from Bloomberg: U.S. President Donald Trump's decision to ban dealings with ByteDance, owner of video-sharing sensation TikTok, appears to codify what his administration has already been warning. A second edict targeting messaging app WeChat and its parent, Tencent, seems weirdly overdue. The executive orders issued by the White House go beyond stopping average Americans from becoming unwitting spies for the Communist Party through their postings and data. The...
Tags: Apple, Google, White House, China, Tech, Bloomberg, Beijing, Tencent, Donald Trump, Trump, Communist Party, Tiktok


Daily Crunch: Trump bans transactions with ByteDance and Tencent

Trump escalates his campaign against Chinese tech companies, Facebook extends work from home until the middle of 2021 and Netflix adds support for Hindi. Here’s your Daily Crunch for August 7, 2020. The big story: Trump signs orders banning US business with TikTok owner ByteDance and Tencent’s WeChat Both orders will take effect in 45 days, but its specific impact is unclear since Secretary of Commerce Wilbur Ross will apparently not identify what transactions are covered until then. This c...
Tags: Google, Facebook, Lyft, India, US, Tech, Policy, Netflix, United States, Commerce, Tencent, Donald Trump, Intel Capital, Trump, Don, U S District Court


Q&A: What’s up with ban on TikTok and WeChat?

By Tali Arbel | The Associated Press President Donald Trump has ordered sweeping but vague ban on dealings with the Chinese owners of popular apps TikTok and WeChat, saying they are a threat to U.S. national security, foreign policy and the economy. But it’s far from clear what the administration intends to actually do when the bans take effect in 45 days, since the orders are currently blank checks waiting to be filled in. Uncertainty also surrounds what effect the orders will have on the apps’...
Tags: Facebook, Hong Kong, Microsoft, White House, China, Toronto, Sport, Ap, Beijing, Soccer, Tencent, WeChat, Nba, Associated Press, Donald Trump, Huawei


Stocks finish mixed despite solid jobs report as worries about China resurface

Stocks ended the day mixed Friday despite the better than expected jobs report, as new fears about economic tensions between the United States and China cast a shadow over Wall Street after President Trump threatened to ban Tencent-owned messaging app WeChat.
Tags: China, Cnn, United States, Tencent, Trump


What is WeChat and why does President Trump want to ban it?

WeChat is owned by Tencent, whose parent owns a piece of U.S. companies including Tesla, Activision Blizzard and Riot Games and Fortnite maker Epic.         [Author: USA TODAY]
Tags: Usa, News, Epic, Tencent, WeChat, Usa Today, Trump, Tesla Activision Blizzard


How Facebook, Apple, and Google have tried to copy WeChat, the massively popular Chinese messaging app that Trump is trying to ban (FB, AAPL, GOOG, GOOGL)

WeChat, which is the target of a new executive order from President Trump, served as somewhat of a blueprint for tech giants like Facebook, Google, and Apple when it comes to mobile messaging. WeChat is a popular texting app that's used in China for many aspects of daily life, from making purchases to hailing a cab. Following WeChat's growth in China, companies like Facebook, Google, and Apple began allowing third-party apps and services to plug into their own messaging platforms. Facebook and...
Tags: Apple, Google, Facebook, China, US, Trends, United States, Washington Dc, Facebook Messenger, Tencent, Silicon Valley, App Store, Trump, Facebook Apple, Facebook Google


What is Tencent?

The Chinese firm's investments include Fortnite, Tesla and Universal Music - but it's under fire in the US.
Tags: News, Tencent, Fortnite Tesla


President Trump is trying to ban WeChat, the wildly popular messaging app that people in China can't live without. Here's everything to know about the app.

President Trump has issued a new executive order targeting WeChat, the widely-used messaging app that drives daily life in China. The order, citing security concerns, would go into effect in 45 days. WeChat is the cornerstone of daily interactions and transactions in China, as it's used for everything from mobile payments to ride-hailing and playing games. But reports have also uncovered how the app has been used to censor and surveil people both inside and outside of China.  Visit Business In...
Tags: Apple, Facebook, Hong Kong, China, US, Toronto, Trends, Bloomberg, Bbc, United States, Tencent, Chinese communist party, Wall Street Journal, Trump, Tiananmen Square, United States Trump


Tencent and its hyper-popular messaging app WeChat have become Trump's latest target. Here's how the company became a $69 billion behemoth that has a stake in everything from 'Fortnite' to Hollywood blockbusters. (TCEHY)

An executive order issued Thursday night by President Donald Trump bars US companies and individuals from making any transaction with WeChat, a social media app owned by Chinese giant Tencent.  Tencent isn't a household name in the US, but it's one of the most valuable companies in the world and has a stake in everything from blockbuster films to gaming.  In fact, Tencent is the biggest video game company in the world. It owns US game studio Riot Game and has a substantial stake in Epic Games,...
Tags: Facebook, Asia, Hollywood, China, Softbank, US, Los Angeles, Trends, Bloomberg, Ben Thompson, Facebook Messenger, Tencent, WeChat, Nba, Berkshire Hathaway, National Basketball Association


Trump Slaps Sweeping But Vague Ban On Dealings With Owners Of TikTok, WeChat

NEW YORK (AP) — President Donald Trump has ordered a sweeping but vague ban on dealings with the Chinese owners of popular social media apps TikTok and WeChat on security grounds, a move China’s government criticized as “political manipulation.” The twin executive orders Thursday — one for each app — add to growing U.S.-Chinese conflict over technology and security. They take effect in 45 days and could bar the apps from the Apple and Google app stores, effectively removing them from U.S. distri...
Tags: Apple, Google, Facebook, Hong Kong, New York, News, Microsoft, Washington, China, Toronto, Ap, Beijing, United States, Commerce, Tencent, WeChat


Trump’s Attack on WeChat and TikTok Highlights Cost of China’s Technological Rivalry

If Donald Trump wanted to shore up America’s national security with his Thursday night executive orders pinpointing two Chinese apps, he has certain not achieved much. On the other hand, if he wanted to send a political message, and make it perfectly clear that China’s technological rivalry with America comes at a price, he succeeded […]
Tags: Asia, China, America, Tencent, WeChat, Donald Trump, Trump, Tiktok


Stocks fall despite solid jobs report as worries about China resurface

Stocks fell slightly Friday morning despite the better than expected jobs report, as new fears about economic tensions between the United States and China cast a shadow over Wall Street after President Trump threatened to ban Tencent-owned messaging app WeChat.
Tags: China, Cnn, United States, Tencent, Trump


Trump Signs Executive Orders to Ban US Transactions With Chinese Companies ByteDance and Tencent

President Donald Trump has signed two executive orders that would officially ban any U.S. transactions with the Chinese companies that own TikTok and WeChat, in an escalation of the ongoing technological cold war between the two countries. The executive orders would prohibit "any transaction by any person, or with respect to any property, subject to the jurisdiction of the United States," with ByteDance and Tencent, beginning in 45 days. TikTok, which is owned by ByteDance, said it was "shock...
Tags: Apple, Microsoft, China, US, United States, Tencent, WeChat, Donald Trump, Trump, Bytedance, Tiktok, Trump Signs Executive Orders, Tesla Reddit


Tencent just became Trump's new target in the tech war with China

Tencent just became the latest target in President Donald Trump's rapidly escalating tech war with China.
Tags: China, Cnn, Tencent, Donald Trump, Trump


Trump's vaguely-worded executive order targeting Tencent initially wiped $45 billion off its value

Tencent's stock fell as much as 10% after Trump issued a vaguely-worded executive order banning US individuals and companies from doing business with its chat app WeChat. A second order targeted TikTok owner ByteDance. It was initially clear whether the order targeted Tencent's entire business. Tencent has a big presence in gaming, with stakes in Epic Games, Activision/Blizzard, and Ubisoft. Tencent's stock recovered slightly after a White House official clarified the order only applied to WeC...
Tags: White House, US, Trends, Bloomberg, United States, Tencent, Ubisoft, Trump, Tencent Holdings Ltd, China Tencent, Ubisoft Tencent


TikTok threatens to sue the Trump administration over the executive order barring US firms from doing business with its parent

TikTok has threatened to sue the Trump administration over Thursday's executive order that bans US citizens and companies from doing business with its Chinese parent company ByteDance. TikTok responded to the order on Friday, saying it was issued "without any due process." The executive order prohibits US individuals and companies from making "any transactions" with TikTok's parent company ByteDance. Another order on Thursday targets Tencent-owned WeChat. Visit Business Insider's homepage for ...
Tags: Microsoft, White House, US, Trends, United States, New Zealand, Tencent, Trump, US Canada Australia, Tiktok, Bytedance TikTok, ByteDance Trump, ByteDance Another


Trump's vaguely worded executive order targeting Tencent cratered the company's stock

Tencent's stock price fell as much as 10% on Thursday after President Donald Trump issued a vaguely worded executive order barring US individuals and companies from doing business with its chat app WeChat. An earlier order on Thursday targeted the TikTok parent ByteDance. It was initially unclear whether the order targeted Tencent's entire business. Tencent has a big presence in gaming, with stakes in Epic Games, Activision/Blizzard, and Ubisoft. Tencent's stock recovered slightly after a Whit...
Tags: White House, US, Los Angeles, Trends, United States, Tencent, WeChat, Ubisoft, Donald Trump, Trump, Tencent Holdings Ltd, China Tencent, Ubisoft Tencent


Facebook boss Mark Zuckerberg joins centibillionaire club

The 36-year-old follows Jeff Bezos and Bill Gates as fortune passes $100bn for first timeMark Zuckerberg’s fortune has passed $100bn (£76bn) for the first time, adding him to an exclusive club of the world’s centibillionaires, after Facebook’s shares surged on news it is to launch a rival to the video-sharing app TikTok.Facebook announced the US rollout of Instagram Reels, its answer to the Chinese app TikTok, as the US president, Donald Trump, issued bans on American companies transacting with ...
Tags: Apple, Amazon, Facebook, Mark Zuckerberg, Business, Microsoft, US, US news, Bill Gates, Tencent, Jeff Bezos, Donald Trump, Alphabet, Zuckerberg, Bytedance, The super-rich


Trump signs executive order banning US business with TikTok and WeChat 

US President Donald Trump, on August 6, signed an executive order banning US transactions with Chinese internet major Bytedance, TikTok’s parent company. A similar order was signed banning US transactions with Tencent, the parent company of WeChat. Both the orders come in effect in 45 days. The executive orders also mention the Indian government banning TikTok, WeChat and 57 other ‘Chinese’ apps over national security concerns. This action comes less than a week after Microsoft confirmed that it...
Tags: Travel, Apple, Google, Amazon, News, Microsoft, White House, China, India, US, America, United States, New Zealand, Tencent, WeChat, Warner Music


Tencent stock plummets after Trump announces plan to ban WeChat in the US

Tencent stock plunged on Friday after US President Donald Trump moved to ban WeChat, a social media app owned by the Chinese tech giant.
Tags: US, Cnn, Tencent, Donald Trump, Trump


Trump's attempt to ban TikTok and WeChat could face legal trouble for infringing on free speech, according to a First Amendment expert

Trump signed executive orders Thursday attempting to ban TikTok and WeChat from operating in the US, citing national security concerns. In the orders, the president invoked a 1977 law that gives him the authority to block foreign transactions that pose national security risks. But a legal expert told Business Insider that the orders are "likely to have First Amendment problems" because they attempt to restrict speech. The Trump administration also faces practical and technical challenges in im...
Tags: Apple, Google, Microsoft, China, US, Trends, Beijing, United States, Tencent, Seattle, Donald Trump, Trump, University of Nebraska Lincoln, Kyle Langvardt, TikTok Trump, Bytedance Tencent


Trump signs orders banning US business with TikTok owner ByteDance and Tencent’s WeChat

President Donald Trump signed an executive order on Thursday banning transactions with ByteDance, the parent company of popular app TikTok . The White House also announced that he signed a similar order banning transactions with Tencent-owned WeChat, a messaging app that is ubiquitous in China, but has a much smaller presence than TikTok in the United States, where it is used mainly by members of the Chinese diaspora. Both orders will take effect in 45 days, but (and this is a key point) th...
Tags: TC, Apps, Asia, Microsoft, White House, China, Softbank, US, Tech, Policy, Beijing, United States, Commerce, Tencent, WeChat, Chinese communist party


Trump signs executive orders banning transactions with TikTok and WeChat

President Donald Trump signed an executive order on Thursday banning transactions with ByteDance, the parent company of popular app TikTok . The White House also announced that he signed a similar order banning transactions with Tencent-owned WeChat, a messaging app that is ubiquitous in China, but has a much smaller presence than TikTok in the United States, where it is used mainly by members of the Chinese diaspora. Both orders will take effect in 45 days. INBOX: @realDonaldTrump has sig...
Tags: Travel, TC, Apps, Asia, Microsoft, White House, China, US, Policy, Beijing, United States, Tencent, WeChat, Chinese communist party, Donald Trump, Trump


Trump signs orders banning US business with TikTok and WeChat parent Tencent

President Donald Trump signed an executive order on Thursday banning transactions with ByteDance, the parent company of popular app TikTok . The White House also announced that he signed a similar order banning transactions with Tencent-owned WeChat, a messaging app that is ubiquitous in China, but has a much smaller presence than TikTok in the United States, where it is used mainly by members of the Chinese diaspora. Both orders will take effect in 45 days. INBOX: @realDonaldTrump has sig...
Tags: TC, Apps, Asia, Microsoft, White House, China, Softbank, US, Tech, Policy, Beijing, United States, Commerce, Tencent, WeChat, Chinese communist party


Trump just issued 2 executive order aimed at Chinese-owned apps, barring US companies from doing business with TikTok parent company ByteDance and messaging app WeChat (MSFT)

s Trump issued an executive order Thursday evening prohibiting US individuals and companies from making "any transactions" with TikTok's parent company ByteDance. The order, which is set to go into effect in 45 days, claims TikTok "continues to threaten the national security, foreign policy, and economy of the United States." Trump has sought to force the sale of TikTok to an American company with a "very big proportion" of the sale proceeds going to the US government. Trump previously said he...
Tags: Facebook, Hong Kong, Microsoft, China, Singapore, US, Trends, Joe Biden, United States, Tencent, Muslim, Chinese communist party, Donald Trump, Huawei, Trump, US Treasury Department


Trump just issued 2 executive orders aimed at Chinese-owned apps, barring US companies from doing business with TikTok parent company ByteDance and messaging app WeChat (MSFT)

s Trump issued an executive order Thursday evening prohibiting US individuals and companies from making "any transactions" with TikTok's parent company ByteDance. The order, which is set to go into effect in 45 days, claims TikTok "continues to threaten the national security, foreign policy, and economy of the United States." Trump has sought to force the sale of TikTok to an American company with a "very big proportion" of the sale proceeds going to the US government. Trump previously said he...
Tags: Facebook, Hong Kong, Microsoft, China, Singapore, US, Trends, Joe Biden, United States, Tencent, Muslim, Chinese communist party, Donald Trump, Huawei, Trump, US Treasury Department


The Trump administration unveiled a wild plan to wall off China from the US internet

Secretary of State Mike Pompeo on Wednesday announced a broad program to crack down on Chinese apps and services. The "Clean Network" program will block "untrusted" Chinese apps from app stores; stop Chinese phone companies from pre-installing US apps; keep US data off Chinese cloud services; and guard undersea cables It isn't clear that the plan is workable, and risks balkanizing the internet. Visit Business Insider's homepage for more stories. Banning TikTok was only the tip of the iceberg....
Tags: Apple, Google, Amazon, Hong Kong, Fcc, China, US, America, Trends, United States, Tencent, Chinese communist party, Huawei, Doj, Trump, Ccp


More Chinese phone makers could lose US apps under Trump’s Clean Network

Over a third of the world’s smartphone sales come from Chinese vendors Huawei, Xiaomi and Oppo. These manufacturers have thrived not only because they offer value-for-money handsets thanks to China’s supply chains, but they also enjoy a relatively open mobile ecosystem, in which consumers in most countries can freely access the likes of Google, Instagram and WhatsApp. That openness is under attack as the great U.S.-China tech divide inches closer to reality, which can cause harm on both sides. T...
Tags: Apple, Google, Asia, Microsoft, Government, China, US, Tech, Tesla, Whatsapp, Beijing, Alibaba, Xiaomi, Tencent, WeChat, Chinese communist party


More Chinese phones could lose US apps under Trump’s Clean Network

Over a third of the world’s smartphone sales come from Chinese vendors Huawei, Xiaomi and Oppo. These manufacturers have thrived not only because they offer value-for-money handsets thanks to China’s supply chains, but they also enjoy a relatively open mobile ecosystem, in which consumers in most countries can freely access the likes of Google, Instagram and WhatsApp. That openness is under attack as the great U.S.-China tech divide inches closer to reality, which can cause harm on both sides. T...
Tags: Travel, Apple, Google, Asia, Microsoft, Government, China, US, Tesla, Whatsapp, Beijing, Alibaba, Xiaomi, Tencent, WeChat, Chinese communist party