Tencent Holdings ADR (TCEHY)

From March 29 to 30, the Innovating Hong Kong Global Talent Carnival 2025 (Spring) was held at the AsiaWorld Expo. The event attracted over 400 renowned enterprises from home and abroad, including Matrixport, Tencent, Huawei Hong Kong, Alibaba Cloud, Xiao Hong Shu, Keeta, and Bank of China (Hong Kong). The event aimed to connect job seekers with nearly 20,000 employment opportunities in blockchain, finance, Internet, technology, education and other industries.

Tokyo, Japan – March 5, 2025 – Quantum Solutions Co., Ltd. (2338.JP), a publicly traded company in Japan, has entered into a strategic partnership with TurboAi to deliver integrated AI cloud solutions, combining Infrastructure-as-a-Service (IaaS) and Model-as-a-Service (MaaS). This collaboration will provide advanced AI capabilities to domestic Japanese clients and international businesses expanding into Japan. The initiative will integrate DeepSeek pre-trained open-source models with proprietary hardware to offer a comprehensive, end-to-end AI solution.

PlaysOut, the world’s leading mini-game platform, in collaboration with Tencent Cloud and Gam3Girl Ventures, has released a new report titled “Why You Should Loo at the TON/Telegram Ecosystem.”

On February 16, Tencent E-sports kicked off “Empower Esports Worldwide Series - China Stop” in Shenzhen. In recent years, with esports making its way into the Asian Games and the Olympics, the development and exploration of virtual/simulated sports has become a key topic of global interest. To this end, a parallel conference titled “Workshop: Virtual & Simulated Sports” was specially organized as part of the Series, bringing together seven leading international sports federations and representatives from software and hardware developers. This marked the largest multi-party exchange between international sports organizations in recent years, focused on discussing the development trends of international esports and virtual sports, sharing frontier virtual/simulated sports technologies and forecasting future industry trends and growth.

BEAVERTON, Ore. - Dec. 12, 2024 - PRLog -- In a recent interview for technology journalists, Benjamin Bross, Head of Video Coding Systems at Fraunhofer Heinrich Hertz Institute (HHI), provided valuable insights into the ongoing developments in versatile video coding (VVC). Bross shed light on the critical distinctions between hardware and software encoding and decoding and how these play a pivotal role in the evolution and adoption of VVC, the latest international standard in video compression. He also explored the broader implications of these advancements for both the industry and consumers."VVC is the most recent international standard on video compression," Bross explained. "So far, if you look at the history of video compression standards, they have consistently achieved 50% more efficient compression—50% less data rate for the same subjective video quality."This improvement, however, comes with an increase in complexity, particularly in the algorithms used for compression. As video coding standards become more efficient, they also become more intricate, requiring more advanced technologies to implement them.Historically, the assumption has been that while encoders could be complex, decoders needed to be less so, as they would be deployed across millions of devices."In previous times, a TV was just a TV being able to receive a TV signal and somehow decode it and display it," Bross noted. "Now, it's a small computer."This shift has significant implications for how new video standards like VVC are rolled out. As devices become more powerful, the possibility of using software-based decoding instead of relying solely on hardware opens up new avenues for deploying these advanced standards.The Growing Role of Software-Based DecodingOne of the most significant changes in the landscape of video compression is the growing viability of software-based decoding. Bross discussed how this shift is helping to bridge the gap between the finalization of a new standard and the widespread availability of hardware that can support it. "All the compute power [in modern devices] can be used for software decoding, for example, to fill in the gap between a standard as finalized and hardware decoders are widely available," he explained.This approach is already being adopted in the marketplace. Bross pointed to MX Player, an over-the-top (OTT) service in India acquired by Amazon earlier this year, as a pioneering example. "They were the first ones to adopt VVC as a compression standard," he said. While there are still advantages to hardware decoding, such as better battery efficiency and reduced buffering, the ability to deploy new standards like VVC through software is a game-changer, allowing services to be launched more quickly and cost-effectively.Extending the Value of Legacy HardwareThe ability to use software to deploy new video standards also has significant implications for consumers. As Bross noted, this approach "extends the value of what one might call legacy hardware investments."By enabling older devices to support new standards through software updates, consumers can continue to use their existing devices for longer, while also experiencing the benefits of improved video quality and compression efficiency.This trend is particularly important as devices become more powerful and versatile. "You don't need a new device every time you want to launch a new model, new service, or employ a new codec," Bross explained. This flexibility not only benefits consumers but also aligns with broader sustainability goals by reducing the need for frequent hardware upgrades.Despite the clear benefits of software-based decoding, Bross acknowledged that there are still challenges to overcome. One of the main hurdles is the perception that new video standards must be supported by hardware to be viable."There's a common misunderstanding that, oh, you cannot do it in software," he said. "But there are examples that it works." Changing this mindset will be crucial for the widespread adoption of VVC, especially as more services and devices begin to support the standard through software.However, Bross is optimistic about the future. He described how Fraunhofer HHI's work in developing both software implementations of VVC encoders and decoders is helping to accelerate adoption. "We contributed to the versatile video coding standard as Fraunhofer HHI as a research institute, but also we make available source software implementations of an encoder and a decoder for VVC," he said. This has allowed companies to quickly test and deploy VVC, even before hardware support is fully available.For instance, Bitmovin, a cloud encoding solution provider, was able to use Fraunhofer HHI's software to scale their cloud approach to VVC. "They implemented our software decoder in their demo player app on Android, and that worked out of the box," Bross shared. This rapid prototyping and deployment demonstrate the feasibility of using software to introduce new video standards to the market.One of the most intriguing aspects of software-based video encoding is its potential to change the economics of bringing new standards like VVC to market. Bross explained that software-based encoding can be particularly beneficial in cloud environments, where it is possible to optimize the energy consumption of the decoder. "We found out you can increase the encoding time a little bit but at the same time decrease the energy on the decoder," he said. This trade-off is especially valuable when the encoded content is viewed by thousands of users, making it a more sustainable option.Moreover, the flexibility of combining software and hardware decoding offers additional benefits. Bross highlighted how companies like Tencent and Qualcomm are exploring ways to offload complex filtering functions to hardware, even when using software-based decoding. "It's not just hardware or nothing," he emphasized. "It's software, it's hardware, it's software that uses hardware a little bit, and this really changes the economics."A Positive Outlook for VVC AdoptionBross expressed confidence that the availability of software-based encoding and decoding would significantly encourage the adoption of VVC worldwide. "You don't have to wait until [a] chip is everywhere. You can already start with whatever you have," he said.The combination of software, cloud computing, and advanced device capabilities provides a robust foundation for rolling out VVC, offering more options and greater flexibility for both service providers and consumers.###EDITORIAL NOTE: For more information on Fraunhofer's developments in versatile video coding and software-based encoding, visit the Fraunhofer HHI website.To read the Q&A or listen to the interview with Ben Bross CLICK HEREPhotos: (Click photo to enlarge) Source: MC-IFRead Full Story - The Benefits of Software vs Hardware Encoding with Versatile Video Coding: A Comparative Analysis -- Benjamin Bross Fraunhofer, HHI | More news from this sourcePress release distribution by PRLog

On June 24th, TENCENT E-SPORTS launched a special live broadcast with the theme "Empower Esports Worldwide".

South Korean mobile payment provider Naver Pay has partnered with Tencent’s WeChat to facilitate virtual payments in China. Operating under tech giant Naver Corp, Naver Pay already has deals with Alipay Plus as well as UnionPay, which grants virtually all merchants access to its QR payment services.

With the continuous evolution of the internet, the Web3.0 era has officially commenced. Web3Club announces that it has received strong support from the GIC Foundation of Singapore, one of the world's largest sovereign wealth funds. The club is committed to building a comprehensive digital asset management platform through decentralized blockchain technology, ushering in a new era that is decentralized and open to everyone’s participation.

On December 12, the “Finest Cultural Gifts from China” Cultural and Tourism Trade Promotion Activity (Special Session for Musical Instruments) was held at the Zhouwo Music Town in Wuqiang County, Hengshui City, Hebei Province. The event was conducted both online and offline, with live coverage through text, images, and video on domestic and international platforms, reaching a total audience of over 1.95 million, including 890,000 viewers from abroad.

PlaysOut, the global leader in Web2 + Web3 mini-games, has teamed up with Aptos, the next-generation blockchain known for its speed, scalability, and low-latency transactions. This powerful partnership will harness Aptos' cutting-edge blockchain technology to elevate PlaysOut's Web3 mini-game ecosystem, delivering faster, more secure, immersive gaming experiences to players worldwide.

PlaysOut, a global mini-game platform bridging Web2 and Web3, is making waves in the digital entertainment space by bringing the efficiency and innovation of WeChat-style mini-games to the global market. The platform’s first game, AstroTrove, has officially launched, marking a key milestone in PlaysOut’s mission to redefine how players interact with mini-games worldwide.

The issue of actual ownership is still a major worry in a time when digital assets are growing in value. In order to overcome this obstacle, 17-year-old developer Jefray Ding has unveiled Finaura（ https://www.finaura.io/ ）, a newly launched blockchain-based platform designed to revolutionize user control and asset transfers.

Revolutionizing results and transforming knowledge into power for enterprises Digital […]

As digital globalization advances, China’s entertainment industry is capturing increasing international attention. The latest news highlights Yuewen—known as “China’s Disney”—alongside giants like Tencent, Alibaba and ByteDance, earning a spot in Fortune’s 2024 list of the “China Most Admired Companies”.

Against the backdrop of the Asian Games, to actively promote the sharing and exchange of experiences in the field of esports between China and Japan and jointly explore new development paths for esports under the influence of the Asian Games, from September 24th to 27th, Tencent, together with Chinese esports ecological partners, visited Japan. As an important member of the Japan eSports Union (JeSU), during the Tokyo Game Show, Tencent E-sports was warmly invited by JeSU to participate in its esports conference and co-hosted the "Sino-Japanese Esports Ecological Exchange Sub-forum".

Against the backdrop of the Asian Games, to actively promote the sharing and exchange of experiences in the field of esports between China and Japan and jointly explore new development paths for esports under the influence of the Asian Games, from September 24th to 27th, Tencent, together with Chinese esports ecological partners, visited Japan. As an important member of the Japan eSports Union (JeSU), during the Tokyo Game Show, Tencent E-sports was warmly invited by JeSU to participate in its esports conference and co-hosted the "Sino-Japanese Esports Ecological Exchange Sub-forum".

Hedge funds are betting on undervalued Chinese tech stocks like Alibaba and Baidu using long/short strategies. Here's why retail investors should pay atetntion.

Alibaba's new move into the Chinese stock market could open the floodgates for hundreds of new buyers to come in and send the stock to new highs.

As the dollar comes to a 7-month low, a certain group of stocks come to raise interest from institutional capital and Wall Street analyst ratings

Tencent Music Entertainment Group disappointed in its latest earnings release, sending shares down. It should focus on growing average revenue per paying user.

In the past quarter, Tencent delivered massive financial growth for investors, and some on Wall Street have just now realized how much more upside there is.

In August 2024, the Global Digital Technology Alliance Conference was held at the Beijing Hotel in Beijing, China. The event, titled "Fostering Innovation and Collaboration Globally" was hosted by the International Economic Strategy Research Institute, brought together outstanding Chinese enterprises such as TIENS Group, Huawei, Tencent, VMOMENT, as well as international companies such as Amazon, Clora Cross-border e-Commerce, Globast Global Supply Chain and MetaPoint Global Leaders Club. The conference focused on three key areas: artificial intelligence, cloud computing and big data. It was a platform for promoting cooperation and exchanges in areas such as international trade, cross-border e-Commerce, the healthcare industry and global supply chains.

Chinese stocks could be about to go on a rally, at least that's what Ray Dalio and Michael Burry seem to think, analysts favor Alibaba among these names

Chinese technology stocks have been taking a tumble in 2024. A combination of geopolitical and trade tensions, macroeconomic uncertainty and growth slowdown