Biggest News Aggregation in the World
📰 Douyu News

Page 44 - Douyu News Today

Fast, Ad-Free News Updates

Stay updated with breaking news from Douyu. Real-time updates on events, politics, business and more.

China readies Tencent penalty in antitrust crackdown- sources

Publishing date: Apr 28, 2021  •  1 hour ago  •  3 minute read  •  Article content China is preparing a substantial fine for Tencent Holdings as part of its sweeping antitrust clampdown on the country’s internet giants, but it is likely to be less than the record $2.75 billion penalty imposed on Alibaba earlier this month, two people with direct knowledge of the matter said. Tencent should expect a penalty of at least 10 billion yuan ($1.54 billion), significant enough for the ...
United States Tony Munroe Pei Li Sam Holmes Jay Chou Julie Zhu

China to fine internet giant Tencent in antitrust blitz: Report

China is preparing a substantial fine for Tencent Holdings as part of its sweeping antitrust clampdown on the country’s internet giants, but it is likely to be less than the record $2.75bn penalty imposed on Alibaba earlier this month, two people with direct knowledge of the matter said. Tencent should expect a penalty of at least 10 billion yuan ($1.54bn), significant enough for the State Administration of Market Regulation (SAMR) to make an example of it, both people said. Tencent faces pen...
United States Jay Chou Tencent Music Entertainment Group Sony Music Group Music Group Alibaba Group Holding Ltd

After Alibaba fine, China readies Tencent penalty in antitrust crackdown

After Alibaba fine, China readies Tencent penalty in antitrust crackdown Logos of Tencent are displayed at a news conference in Hong Kong, China March 22, 2017. REUTERS/Tyrone Siu April 29, 2021 China is preparing a substantial fine for Tencent Holdings as part of its sweeping antitrust clampdown on the country’s internet giants, but it is likely to be less than the record $2.75 billion penalty imposed on Alibaba earlier this month, two people with direct knowledge of the matter said. Tencent...
United States Jay Chou Tencent Music Entertainment Group Sony Music Group Music Group Alibaba Group Holding Ltd

EXCLUSIVE-China readies Tencent penalty in antitrust ...

By Pei Li and Julie Zhu April 29 (Reuters) - China is preparing a substantial fine for Tencent Holdings as part of its sweeping antitrust clampdown on the countrys internet giants, but it is likely to be less than the record $2.75 billion penalty imposed on Alibaba earlier this month, two people with direct knowledge of the matter said. Tencent should expect a penalty of at least 10 billion yuan ($1.54 billion), significant enough for the State Administration of Market Regulation (SAMR) to make...
United States Tony Munroe Pei Li Sam Holmes Jay Chou Julie Zhu
Source: trust.org

China punishes internet giant Tencent in antitrust blitz: Report | Music News

China punishes internet giant Tencent in antitrust blitz: Report | Music News China is preparing a large fine for Tencent Holdings as part of a reduction in the country’s antitrust on Internet giants, but is likely to face a $ 2.75 billion fine imposed on Alibaba this month, two people with direct knowledge of the matter said. Tencent should expect a penalty of at least 10 trillion yuan ($ 1.54 billion), which is significant enough for the State Market Regulation Administration (SAMR) to be a...
United States Jay Chou Tencent Music Entertainment Group Market Regulation Administration Sony Music Group Alibaba Group Holding Ltd

Stay Updated with Latest News

Get breaking news updates delivered to your inbox

Browse All News →

EXCLUSIVE China readies Tencent penalty in antitrust crackdown- sources

China is preparing a substantial fine for Tencent Holdings (0700.HK) as part of its sweeping antitrust clampdown on the country's internet giants, but it is likely to be less than the record $2.75 billion penalty imposed on Alibaba earlier this month, two people with direct knowledge of the matter said.
United States Jay Chou Thomson Reuters Trust Principles Tencent Music Entertainment Group Sony Music Group Alibaba Group Holding Ltd

China readies Tencent penalty in antitrust crackdown

China readies Tencent penalty in antitrust crackdown China is preparing a substantial fine for Tencent Holdings as part of its sweeping antitrust clampdown on the country’s Internet giants, but it is likely to be less than the record US$2.75-billion penalty imposed on Alibaba earlier this month, two people with direct knowledge of the matter said. Tencent should expect a penalty of at least C¥10-billion (US$1.54-billion), significant enough for the State Administration of Market Regulatio...
Pei Li Jay Chou Julie Zhu Tencent Music Entertainment Group Sony Music Group Music Group

Tencent: China readies sizeable penalty for Tencent in sweeping antitrust crackdown, say sources

Synopsis Tencent faces penalties for not properly reporting past acquisitions and investments for antitrust reviews, an offence with a fine capped at 500,000 yuan per case, and for anticompetitive practices in some of its businesses, with music streaming in particular focus, said the sources. Reuters China is preparing a substantial fine for Tencent Holdings as part of its sweeping antitrust clampdown on the countrys internet giants, but it is likely to be less than the record $2.75 billion pen...
United States Jay Chou Tencent Music Entertainment Group Sony Music Group Music Group Alibaba Group Holding Ltd

West Ham United represented in ePremier League China

eSports West Ham United represented in ePremier League China West Ham United will be represented in the inaugural ePremier League China later this month as all 20 top-flight English clubs are represented in the football gaming competition. The ePremier League China is the first ePremier League event to be staged outside of the United Kingdom, and will see some of the best Chinese gamers on EA SPORTS FIFA Online 4 don club apparel to compete alongside hand-picked content creators and influencers...
West Ham United Kingdom City Of Guan Zeyuan Shen Rongjie Aston Villa
Source: whufc.com

WoW Chains of Domination and Burning Crusade Classic "very unlikely" to release at same time

WoW Chains of Domination and Burning Crusade Classic “very unlikely” to release at same time If you’re a World of Warcraft player who likes to split their time between classic and modern, rest assured the next content releases for both are likely to get a staggered release. A lead developer on the MMORPG game says Blizzard is trying to resist making players choose. Speaking to LingHunFuSu (aka Neo), Raider.io Chinese community liaison and Douyu streamer, World of Warcraft director Ion...
Castle Nathria Ion Hazzikostas Burning Crusade Classic Wow Classic எரியும் சிலுவைப்போர் செந்தரம் ஆஹா செந்தரம்

Explore More Categories

World News India News Business Technology Sports Entertainment Health Science