Tag: Tencent

Cloud Infrastructure Spending Hit $42 Billion in Q2
The cloud infrastructure market continued its impressive gains, with spending hitting $42 billion in Q2, according to Synergy Research Group. S...
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Prosus Buying Stack Overflow for $1.8 Billion
Prosus has announced it is buying Stack Overflow for $1.8 billion, as it increases its focus on the online learning market. Prosus is a consume...
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Huawei Shifting Focus to the Cloud
As US-led sanctions take a toll, Huawei is increasingly shifting its focus to the cloud to help secure its future....
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New Funding Round Values Reddit at an Astounding $3 Billion
Reddit announced a new $300 funding round valuing the company at an astounding $3 billion. The val...
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China Just Lifted New Video Game Ban
China just lifted its year-old ban on new video games but no...
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Chinese Telco Invests in Epic Games
Tencent Holdings Limited, a Chinese internet, mobile, and telecommunications provider, announced today that it has acquired a minority stake in Epic Games, Inc. Epic is the develo...
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