tencent

Chinese Tech Firms Baidu, TikTok-owner ByteDance, Tencent, Alibaba Order Nvidia AI Chips Worth $5 Billion: Report

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[ad_1] China’s internet giants are rushing to acquire high-performance Nvidia chips vital for building generative artificial intelligence systems, making orders worth $5 billion (roughly Rs. 41,400 crore), the Financial Times reported on Wednesday. Baidu, TikTok-owner ByteDance, Tencent and Alibaba have made orders worth $1 billion (roughly Rs. 8,300 crore) to acquire about 100,000 A800 processors from … Read more

Tencent Begins Testing of Self-Developed AI Model; Integrates With Internal Services, Products

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[ad_1] China’s Tencent Holdings said on Thursday that it has started internal testing of its self-developed artificial intelligence (AI) model, which is now being integrated with a number of internal services and products.  In a statement sent to Reuters on Thursday, Tencent said its foundation AI model named “Hunyuan” has been integrated with a range … Read more

China Announces Two-Hour Daily Limit on Children’s Phone Screen Time, Tech Shares Tumble

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[ad_1] China’s cyberspace regulator said on Wednesday children under the age of 18 should be limited to a maximum of two hours a day on their smartphones, sending shares in tech companies tumbling. The Cyberspace Administration of China (CAC) said it wanted providers of smart devices to introduce so-called minor mode programs that would bar … Read more

Australian Lawmakers Recommend Potential WeChat Ban on Government Devices

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[ad_1] A senate committee investigating how foreign powers use social media to interfere in Australia has recommended a swathe of rules and restrictions for social media platforms, including potentially banning Chinese messaging service WeChat on government devices. Tuesday’s report contains 17 recommendations including new transparency rules enforceable by fines, expanding an existing TikTok ban on … Read more

Microsoft to Let Call of Duty Stay on PlayStation After Activision Blizzard Deal

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[ad_1] Microsoft has signed an agreement to keep Call of Duty on PlayStation following the acquisition of Activision Blizzard, Microsoft Gaming CEO Phil Spencer said in a tweet on Sunday. A deal to keep Call of Duty on Playstation could further ease concerns surrounding the acquisition’s impact on competition. Speaking on the agreement, Microsoft President … Read more

Microsoft-Activision Acquisition: Everything to Know About Deal, Challenges

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[ad_1] The US Federal Trade Commission on Thursday asked an appeals court to temporarily stop Microsoft’s $69 billion (nearly Rs. 5,67,00 crore) acquisition of video game maker Activision Blizzard, hours after a federal judge rejected a similar request. The deal is facing varying responses around the world from regulators. [ad_2] #MicrosoftActivision #Acquisition #Deal #Challenges

Apple Sets Up Online Store on China’s Social Media Platform WeChat

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[ad_1] Tencent’s WeChat said on Tuesday that iPhone maker Apple had opened a store on its social media platform, marking an expansion of the U.S. firm’s retail channels in the world’s second-largest economy. The announcement by WeChat, China’s dominant messaging app which also provides e-commerce, livestreaming and payment services, said users would be able to … Read more

TikTok Files Lawsuit Against US State Montana’s Ban on App, Says It Violates Rights of Company, Users

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[ad_1] TikTok on Monday filed a lawsuit challenging the state of Montana’s new ban on the use of the Chinese-owned app, the first state to bar the popular short-video sharing service. TikTok argues the ban, which would take effect on January 1, violates the First Amendment rights of the company and users. The lawsuit, filed in … Read more