The 41-member committee includes Baidu AI technology ecosystem general manager Ma Yanjun, Alibaba's Judy Zhu Hongru, vice-president of the cloud unit's standardisation operations, Tencent vice ...

Better consumer spending and household wealth would benefit all three of these stocks. Tencent has a portfolio of products that span both consumer and enterprise customers, but its biggest ...

As reported by GamesIndustry.biz, the Guillemots are trying to make this deal with TenCent, currently Ubisoft’s biggest outside investor. TenCent currently owns 10 % of the company. TenCent is ...

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.

Shares of Chinese consumer tech-oriented names Tencent Holdings (OTC: TCEHY), Baidu (NASDAQ: BIDU), and Futu Holdings (NASDAQ: FUTU) rocketed higher on Monday, up 5.5%, 10.1%, and 21.9% as of noon ET.

In brief: As investors search for ways to stabilize Ubisoft following years of poor financial performance, buyout talks with major shareholder Tencent are progressing. Although multiple options ...

Reuters reports that the Guillemot family--which owns the largest stake in Ubisoft--is talking to Tencent and other financial partners to try to find a way to fund a "management-led buyout." ...

Discussions are reportedly continuing between Tencent and Ubisoft over a potential deal to take the company private. In October, Bloomberg sources claimed that the Chinese conglomerate – which already ...

Ubisoft is said to be in talks with Tencent for a buyout, aiming to have the Guillemot family retain control. Ubisoft employees are reportedly concerned about the company's future. Shareholders ...

While OpenAI keeps teasing Sora after months of delays, Tencent quietly dropped a model that is already showing comparable results to existing top-tier video generators. Tencent has unveiled Hunyuan ...

Chinese tech giant Tencent doesn’t seem to be affected by US export bans of computer chips that are crucial to the development of artificial intelligence systems – but even if such bans were ...

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