Small toy figures are seen in front of WeChat logo in this illustration picture taken March 15, 2021. REUTERS/Dado Ruvic/Illustration BEIJING, Oct 22 (Reuters) – Tencent’s (0700.HK) WeChat has made its content searchable on some foreign search engines such as Alphabet-owned Google (GOOGL.O) and Microsoft’s (MSFT.O) Bing, Reuters checks showed, in the latest tearing down of “walled gardens” in China’s internet sector. Content from China’s most popular messaging app WeChat, including articles… Source link
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(Bloomberg) — Beijing’s clampdown on its most powerful internet firms is clouding the prospects for Tencent Holdings Ltd. and its $120 billion financial services operation just as it’s casting around for new sources of growth. China’s top watchdogs have stepped up oversight of the country’s most valuable company, scrutinizing everything from Tencent’s insights into the online behavior of a billion-plus people to an investment portfolio that spans hundreds of startups. Regulators… Source link
Read More »China fines Alibaba, Tencent’s e-book subsidiary over anti-trust violations
TipRanks Billionaire David Shaw Bets Big on These 3 Healthcare Stocks The last few months have seen high volatility and a rising market trend, as one of the biggest sources of uncertainty – namely, the election campaign – has worked itself out. The current political climate is viewed as favorable for healthcare investment – tax increases and further regulations on drug price, anticipated before the elections, when prognosticators expected the Democrats to ride a ‘blue wave’ to an… Source link
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