The arms deal judgment will have implications for future commissions of inquiry. The Gauteng High Court in Pretoria set aside the findings of the 2015 Seriti commission report into the billion-rand arms deal.
Light rain. More sun than clouds. Cool.
Chinese internet giant Tencent is in early talks to take a stake in the Universal Music Group, a behemoth in the global music industry, UMG's French owner has said.
One of Tencent's most valuable investments is sinking as China expands its crackdown on online content.
Tencent has reported the slowest pace of sales growth since it went public in 2004, as China’s largest company struggles to revive a battered gaming division while battling the country’s decelerating economy.
Tencent has unveiled its latest entry in the Battle Royale death-match genre, allowing China's largest social media company to begin cashing in on a red-hot gaming arena.
Naspers Chief Executive Officer Bob van Dijk has been working for years to solve a problem rivals might envy – getting investors to value his South African firm nearer to its $133bn stake in Tencent.
Tencent is putting about 10% of its managers on notice, as China’s largest gaming and social media company shakes up its workforce amid cooling growth and intensified competition, according to people familiar with the matter.
Tencent and Netease have gotten several of their less-important titles approved in China, as the world’s largest gaming market recovers from a months-long shutout that had thrown the industry into disarray.
China is stepping up its efforts to rein in the country’s internet, singling out Tencent’s popular news app for spreading vulgar information while shutting down more than 700 websites and thousands of apps in the span of just three weeks.
Tencent will soon introduce a Siri-like digital assistant for WeChat, helping the messaging service’s billion-plus users with simple tasks such as playing music and hailing a ride.
China has ended a nine-month freeze on video games, approving 80 new titles for commercial release, the Financial Times reported, citing the country’s top media regulator.
Naspers may be moving most of its internet businesses to a new listing in Amsterdam, but the Cape Town-based technology investor is at pains to show it’s not abandoning South Africa.
A quickening tumble in Tencent is likely to aggravate this month’s slump in Hong Kong equities as the trade war intensifies in the tech sector.
Their enormous sprawl will likely help investors take the temperature of everything from the United States-China trade war and consumer spending to global technology investment.
Naspers' Dutch listing is a positive move for the tech sector, says Alex Webb.
Tencent profits have taken a tumble after Chinese regulators conducted a review of the lucrative online gaming sector.
Backed by WeChat-operator Tencent, Meituan is spending heavily to wage a pitched battle with Alibaba’s Ele.me and Fliggy in a cut-throat arena for on-demand services.
Tencent, as well as private equity firms Hillhouse Capital and KKR & Co., are considering bids to acquire a major stake in gaming company Nexon, people familiar with the matter have said.
Tencent and Netease were left out again when regulators green-lit the latest batch of online games, spurring concern that China’s largest gaming companies may have to wait longer than anticipated to start making money off hit titles.
Hostage to everything from the US-China trade dispute, a global tech sell-off and interest rate hikes, this has been one of the toughest years for Hong Kong stocks.
Tencent Music and existing investors have raised about $1.1bn after pricing a US initial public offering at the bottom of a marketed range, succumbing to the same global market turbulence that’s sapped enthusiasm for stock debuts.
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