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Tencent lays off employees over corruption

Chinese internet company Tencent has responded to allegations of corruption against parts of its workforce with a wave of layoffs. The company announced on Monday that it laid off 100 employees who had been involved in more than 70 cases of bribery and embezzlement.

Von Newsdesk

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Tencent: A key player in the Metaverse

Even US experts agree that no other company is better prepared for the Metaverse than China's tech giant Tencent. The company boasts numerous building blocks that would make success in the new digital world more likely. On top of that, it is backed by a government that understands the opportunities presented by Metaverse technology, including the CCPs' own goals.

Von Frank Sieren

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Elon Musk wants to make Twitter the western WeChat

Tesla CEO Elon Musk wants to expand Twitter into a universal app in the style of WeChat. He considers the Chinese model to be the best app in the world. With his version, he would benefit from the worldwide skepticism toward the data leech China.

Von Frank Sieren

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Is the tech crackdown about to end?

According to reports, China's leadership will soon sit down with the country's tech bosses. They are expected to help slow the downturn in the second-largest economy.

Von Redaktion

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Work culture in China: eat and be eaten

China's exploitative work culture is claiming more and more victims. Especially in large tech companies, employees quickly reach the brink of collapse. Unpaid overtime work is commonplace. Those who don't comply are replaced. A former product manager at delivery giant Meituan tells China.Table about the pressure China's employees have to endure.

Von Fabian Peltsch

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Weixin and WeChat: making two out of one

WeChat, China's most popular messenger service with over one billion users, will soon be split into a Chinese and an English version. This is the response of parent company Tencent to regulations in the East and West: China dictates that data must not leave the country – and in the US, the threat of bans hangs over Chinese providers. The world is being divided into two data worlds.

Von Frank Sieren

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Tech employees publicly protest overtime

Employees of Chinese tech companies and freelance programmers are rallying on the Internet against excessive overtime in the industry. The "Worker Lives Matter" campaign calls on tech employees and others to publicly record their working hours.

Von Amelie Richter

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Government suspends permits for online games

New troubles for China's billion-dollar app industry: regulators have indefinitely suspended issuing new sales permits for online games. The media regulator also called on managers of companies such as Tencent and Neteasy at a meeting to stop "solely fixating on profit" and to help counter what it claimed was widespread video game addiction.

Von Finn Mayer-Kuckuk

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China's tech giants invest in 'common prosperity'

Alibaba, Tencent, and other major corporations came under heightened scrutiny by Beijing regulators. They are trying to win back the favor of President Xi Jinping with donations worth billions. The latter wants to redistribute wealth with a major campaign. Some economists warn that he could push it too far.

Von Redaktion

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Rules on algorithms exceed EU plans

Beijing's new draft law to regulate algorithms of apps and websites has it all. It offers users clever ways to protect themselves from manipulation. This includes, for example, recommendations for products, videos, or content. Among other things, providers must disclose what data they have already collected. However, experts see two crucial weak points.

Von Finn Mayer-Kuckuk

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Tencent surprises with profit surge

The recent campaign by the Chinese leadership against its tech companies (as reported by China.Table) at least seemed to have hardly any effect on its biggest player. Notwithstanding the increasing regulatory pressure, Tencent was able to significantly increase profits in the second quarter.

Von Felix Lee