US tech news outlet The Information reported this month. The cooperation between Tencent and Honor, which has a similar smartphone market share to Apple in China, proved much easier. The pair ...
In a statement, the department said that by being simultaneously on two competing companies' executive boards, Tencent was violating Section 8 of the Clayton Act, a US law designed to protect ...
The news leads to the belief that company morale is low. However, the Guillemot family is trying to change that. Ubisoft has reportedly been in talks with Tencent for some time over the purchase ...
shared his ice hockey journey in a recent exclusive interview with Tencent News where he reflected on his growth from a young novice to competing on the international stage, talking in depth about ...
Chinese companies Tencent (OTCPK:TCEHY) (OTCPK:TCTZF) and Honor Device have signed an agreement to collaborate on cloud and AI development. The companies will engage in a long-term strategic ...
Apple started the rollout of OpenAI's ChatGPT into its devices this month ChatGPT is not available in China Apple and Baidu ...
Tencent has a portfolio of products that span ... Not so fast While today's news was certainly encouraging, investors should still take care to be cautious of Chinese stocks.
In brief: As investors search for ways to stabilize Ubisoft following years of poor financial performance, buyout talks with major shareholder Tencent are ... up following news of continuing ...
Tencent Holdings Ltd. removed two directors it appointed to the board of Epic Games Inc. after the US Justice Department deemed the positions a violation of antitrust laws. China’s most valuable ...
However, Tencent is said to be holding off taking part in the buyout and increasing its stake in Ubisoft until it has been promised a greater influence when it comes to future board decisions.
TL;DR: Ubisoft is in discussions with Tencent for a potential buyout, aiming to maintain control with the Guillemot family, its largest shareholder. Tencent, holding a 10% stake, seeks more ...