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Tencent Executive Held by China Over Corruption Probe, WSJ Says

Tencent Employee Faces Corruption Investigation in China
Bloomberg
2/11/2021
Zheping Huang
© Bloomberg
The Tencent Holding Ltd. logo at the company s Tencent Binhai Mansion in Shenzhen, China, on Thursday, Nov. 19, 2020. Tencent is investing about $150 million in Waterdrop Inc. to bankroll the Chinese startup’s expansion in health-care crowdfunding, according to people familiar with the matter.
(Bloomberg) Tencent Holdings Ltd. said an employee is under investigation for alleged corruption in his personal dealings, rejecting a report that the probe involved the unauthorized transfer of WeChat data.
The probe of Zhang Feng does not involve Tencent’s WeChat messaging service, a spokesperson said. The Wall Street Journal had reported earlier that Zhang had been detained for allegedly sharing personal data collected by WeChat with Sun Lijun, a former vice public security minister that’s being investigated by Beijing. ....

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Huawei Restores Tencent Games to App Store

Huawei Restores Tencent Games to App Store
Bloomberg
1/1/2021
© Bloomberg
A Tencent Holdings Ltd. game.
(Bloomberg) Huawei Technologies Co. added Tencent Holdings Ltd.’s games back to its app store after the two technologies companies negotiated an agreement.
“We will continue to work together to bring better experience and service to Tencent game community,” a spokesperson for Tencent said Friday.
The games were removed after Tencent made a “big change” on Dec. 31 to how the companies work with each other, according to an official announcement posted on Huawei’s gaming app. It didn’t elaborate on details of the change. ....

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