SHANGHAI (Reuters) - U.S. companies based in the financial hub of Shanghai said Washington's planned ban on Chinese messaging app WeChat could badly hit their competitiveness and revenue should it ...
President Biden officially revoked Donald Trump’s executive orders last year that sought to ban TikTok and other Chinese-owned apps over supposed national security concerns. At the same time, Biden’s ...
Tencent's total revenue surged nearly 30% year-on-year to US$16.5 billion in the second quarter, with a net profit boost of 28.2% to $4.35 billion, topping analyst estimates. The impressive ...
Now there is a new wrinkle in the battle over the future of the social app, which is widely used in Chinese-speaking communities and is owned by China-based Tencent. A district court judge in San ...