Chinese internet giant Tencent Holdings added more than 3,000 jobs in the third quarter, in a sign that the country’s most valuable technology company is on a new growth trajectory after the industry was beset by downsizing in recent years. The Shenzhen-based company had 108,823 employees by the end of September, up 3 per cent … Read more
“Looking forward, we continue to invest in our platforms and technologies including AI, enabling us to create new business value and better serve user needs.” The Tencent Games booth seen at the annual China Digital Entertainment Expo and Conference, also known as ChinaJoy, in Shanghai on July 26, 2024. Photo: AFP Video gaming sales, traditionally … Read more
China’s No 2 short video app Kuaishou unveils Sora-style product amid rush to catch up in AI Chinese short-video app Kuaishou, the major rival of TikTok’s sister app Douyin, has launched a text-to-video service similar to OpenAI’s Sora, in the latest sign that Chinese Big Tech firms are trying hard to catch up with US … Read more
