Thursday, June 3, 2021

Unlike Alibaba, Tencent has so far avoided an antitrust crackdown in China, likely due to it investing in upstarts instead of driving them out of business (Li Yuan/New York Times)

Li Yuan / New York Times:
Unlike Alibaba, Tencent has so far avoided an antitrust crackdown in China, likely due to it investing in upstarts instead of driving them out of business  —  Tencent's popularity may help it avoid trouble with Beijing.  But its vast power could still squelch innovation in the world's largest online market.



No comments:

Post a Comment

Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in international payments to counter Western sanctions (Gleb Bryanski/Reuters)

Gleb Bryanski / Reuters : Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in i...