Tencent profit jumps 82%, beating estimates after strong video gaming, ad growth

Tencent profit jumps 82%, beating estimates after strong video gaming, ad growth

“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

Beijing’s spy agency ‘destroyed large number’ of Taiwan intelligence networks

Beijing’s spy agency ‘destroyed large number’ of Taiwan intelligence networks

“[We have] severely punished spies who carried out intelligence theft, infiltration and sabotage activities, in accordance with the law, effectively safeguarding the security of our country’s core secrets,” the ministry said in the post. It made specific mention of the arrest of Taiwanese political activist Yang Chih-yuan, which it called “an innovation in the law … Read more

Tencent super app WeChat strikes fine balance as everyday tool and public-service platform

Tencent super app WeChat strikes fine balance as everyday tool and public-service platform

Super app WeChat, operated by video gaming and social media giant Tencent Holdings, continues to strike a delicate balancing act between its role as a major revenue stream for the Shenzhen-based company and a vital public-service platform in mainland China, according to analysts. With more than 1.3 billion monthly active users (MAUs), the 13-year old … Read more

Agents ‘implanted’ anti-China content in overseas university applications, ministry says

Agents ‘implanted’ anti-China content in overseas university applications, ministry says

The ministry said there were “hidden risks” involved, and that smearing China in overseas university applications was a national security risk. China is the world’s largest market for overseas study, and it has become common practice for students to use agents to apply for foreign universities to help them navigate unfamiliar education and admissions systems. … Read more

Academics suggest Beijing set up ‘shadow government’ that’s ready to run Taiwan

Academics suggest Beijing set up ‘shadow government’ that’s ready to run Taiwan

It also said the complex international environment – including the potential re-election of Donald Trump as US president in November – could accelerate Beijing’s unification timeline, without elaborating. The article offers a rare glimpse of the discussions going on in mainland China over the future of self-ruled Taiwan, which Beijing sees as part of its … Read more

China says no to ‘throwing eggs’: poker-style game loved by party officials loses shine

China says no to ‘throwing eggs’: poker-style game loved by party officials loses shine

State employees in China are being advised against playing guandan, a new poker-like card game highly popular among Communist Party officials, on fears that it may spread a “negative atmosphere” at work, the Post has learned. Guandan – literally “throwing eggs” in Chinese – had taken public sector workers by storm after being officially endorsed … Read more

China warns office workers foreign spies can steal data via commonplace online software

China warns office workers foreign spies can steal data via commonplace online software

“Many online platforms gathered powerful ‘dark technology’ functions that combine both social and office work features,” the ministry said on its official WeChat account on Sunday. It cited instant communication, format conversion, file transfer and group discussion tools as examples of risky applications. Uploading confidential files to those platforms increased the risk for “overseas spying … Read more

Chinese commentator Hu Xijin silent on social media after third plenum article vanishes

Chinese commentator Hu Xijin silent on social media after third plenum article vanishes

Hu added that removing the phrase showed that China hoped to “achieve true equality between the private and the state-owned economy”. “Chinese society’s understanding, attitude and narrative of various ownership relations will have a big step forward,” Hu wrote in the article. This interpretation immediately triggered fierce criticism from China’s conservative bloggers, who accused Hu … Read more

Trump says ‘I’m for TikTok’ as potential US ban looms

Trump says ‘I’m for TikTok’ as potential US ban looms

Republican presidential candidate Donald Trump said he supports TikTok even as a potential ban looms if Chinese parent company ByteDance fails to divest the short video app’s US assets. “I’m for TikTok because you need competition. If you don’t have TikTok, you have Facebook and Instagram,” Trump told Bloomberg BusinessWeek in an interview posted Tuesday. … Read more