Tencent reshuffles metaverse department amid rumors of disbandment
Tencent remains mum over rumors of plans to dissolve its XR unit but confirms that a "personnel reshuffle" would take place as it explores new strategies for its virtual world.
Latest Tencent News
Tencent forms ‘extended reality’ unit to further metaverse development
The unit will be headed by Tencent Games Global's Chief Technology Officer Li Shen and will be part of the conglomerate's Interactive Entertainment business group.
WeChat suspends NFT accounts to ‘avoid speculation in digital assets’
In a statement, WeChat said that official verified accounts could display digital collectibles, but secondary sales are banned due to their speculative nature.
Tencent, Huawei, and Alibaba lead 1,300+ Chinese companies in metaverse trademark race
The money is flowing into the metaverse, with the emerging sector receiving over $1.5 billion, most of it in the last quarter of the year, according to reports.
BSV app dev event in Shenzhen equips developers with building tools
Bitcoin Association teamed up with SatoPlay to host the event which sought to equip developers with the insight and tools they need to build on the Bitcoin blockchain.
Digital yuan to be tested by Tencent-backed firms in China
The People’s Bank of China has already met with the Beijing company to discuss proposals to trial digital yuan across its platform.
Tencent Cloud wants to set up new blockchain alliance
The Industry Blockchain League will draw on companies, government agencies and other organizations from across industry sectors.
Tencent invests heavily in blockchain, other emerging tech
WeChat owner Tencent is to invest $70 billion in emerging technologies such as blockchain and cloud computing as it seeks to bounce back from COVID-19 slowdown.
Tencent launches blockchain accelerator program
Tencent has launched its blockchain accelerator program, accepting applications from early-stage startups or big firms that have shifted to blockchain
Tencent, Baidu join China’s national blockchain committee
The central government committee is to be made up of some 71 members, including senior executives from Tencent and Baidu.
Baidu enters blockchain fray
Baidu has launched Xuperchain, a blockchain platform that seeks to make the development and deployment of blockchain projects in Asia fast and cost-effective.
TikTok owner teams up with Chinese state media on blockchain venture
ByteDance, the company that owns social media platform TikTok has partnered with a state-sponsored media firm on a blockchain and artificial intelligence venture.