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Technology

Sources: Tencent established a team to work on "HunyuanAide", a ChatGPT-style chatbot using Tencent's Hunyuan training model, following Alibaba and Baidu (Josh Ye/Reuters)

[ad_1] Josh Ye / Reuters: Sources: Tencent established a team to work on “HunyuanAide”, a ChatGPT-style chatbot using Tencent’s Hunyuan…

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Technology

Tencent reports Q3 revenue down 2% YoY to ~$19.8B, below ~$20B estimates, and plans to distribute most of its ~$20B Meituan stake to shareholders as a dividend (Josh Ye/Reuters)

[ad_1] Josh Ye / Reuters: Tencent reports Q3 revenue down 2% YoY to ~$19.8B, below ~$20B estimates, and plans to…

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Technology

Sources: Microsoft is stocking up on Chinese games to emulate Sony's success with Genshin Impact; filings: Microsoft paid $4.8M for Snail Games' ARK and ARK 2 (Josh Ye/Reuters)

[ad_1] Josh Ye / Reuters: Sources: Microsoft is stocking up on Chinese games to emulate Sony’s success with Genshin Impact;…

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Lenovo Q4 profit beats estimates, at $412M, up 58% YoY, on revenue of $16.7B, up 6.8% YoY; Counterpoint: Lenovo led global PC market in Q1 with 23% marketshare (Josh Ye/Reuters)

[ad_1] Josh Ye / Reuters: Lenovo Q4 profit beats estimates, at $412M, up 58% YoY, on revenue of $16.7B, up…

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Technology

Sources: Tencent-controlled Chinese video game streaming service Huya, which rivals DouYu, will lay off hundreds of staff; Huya had 2,075 employees in 2020 (Josh Ye/Reuters)

[ad_1] Josh Ye / Reuters: Sources: Tencent-controlled Chinese video game streaming service Huya, which rivals DouYu, will lay off hundreds…

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Chinese social media and e-commerce app Xiaohongshu has laid off 9% of its staff amid crackdowns; Xiaohongshu raised $500M in November at a $20B valuation (Josh Ye/Reuters)

[ad_1] Josh Ye / Reuters: Chinese social media and e-commerce app Xiaohongshu has laid off 9% of its staff amid…

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Technology

Tencent says it will shut down a service, which allowed Chinese gamers access overseas platforms to play unapproved foreign games, starting May 31 (Josh Ye/Reuters)

[ad_1] Josh Ye / Reuters: Tencent says it will shut down a service, which allowed Chinese gamers access overseas platforms…

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