Tag "Tencent"

Music streaming service Gaana raises $115M led by Tencent

By : CIOL Writers

Music streaming app Gaana is raising $115 million from Chinese Internet investment company Tencent Holdings and Times Internet, the company said in a statement. The funds will be used for strengthening technological capabilities, such as leveraging Artificial intelligence (AI) to provide

Google and Tencent sign a patent sharing deal

By : CIOL Writers

Alphabet’s Google has signed a patent licensing deal with China’s Tencent Holdings as it looks to expand in China where the majority of its products are banned by the Chinese government. The details about the agreement were not disclosed. The

Lego partners China’s Tencent to develop online games

By : CIOL Writers

Danish toymaker Lego is teaming up with Chinese internet giant Tencent Holdings to develop new video games and potentially a new social network aimed at children, the two companies announced Monday. “What we are looking for now with Tencent is just to

Tencent surpasses Facebook to join world’s top five corporations

By : CIOL Writers 1

China’s investment holding conglomerate, Tencent has surpassed Facebook to become the first Chinese technology company to join the ranks of the world’s five largest corporations, as per a report by Bloomberg. The owner of WeChat messaging service is now valued

Ola raises $1.1B from Tencent, Softbank

By : CIOL Writers

Homegrown cab-aggregator, Ola has raised $1.1 billion in fresh funding from investors including Chinese internet giant Tencent and Japan’s SoftBank expanding its war chest to take on arch-rival Uber. Ola also disclosed that it was in advanced talks to raise another $1 billion

Tencent’s Ying Drone that captures 4k video is on the way

By : CIOL Writers

Drone is the new ‘cool’ stuff in the tech industry and it has already come a long way in a very short span of time. The latest entry to the Quadcopter domain is Ying drone by Tencent, the owner of

ARM chooses a Chinese Co to license its architecture

By : CIOL Writers

The leader in microprocessor Intellectual Property ARM has licensed the ARMv8-A architecture to Huaxintong Semiconductor Technology, a joint venture between China’s Guizhou province and a subsidiary of Qualcomm. The Chinese company will make ARM-based chipsets for servers in data centers,