Reddit raises $300M in finance round led by China's Tencent

SAN FRANCISCO (AP) — Social media service Reddit Inc. says it has raised $300 million in a financing round led by Chinese internet giant Tencent. Reddit's CEO, Steve Huffman, told CN...

Calls for Taiwan independence surface on Reddit ahead of feared Tencent censorship

TAIPEI (Taiwan News) -- After news broke that Tencent has made a massive US$150 million investment in the social media site Reddit, many of its users have been hastily posting support for Taiwan's...

Bid by China’s Tencent for Reddit provokes concerns about censorship

TAIPEI (Taiwan News) - A reported bid by Chinese online giant Tencent to invest US$150 million in social media company Reddit is causing concern about the threat of censorship. The deal might be co...

China's online censors announce massive purge of user accounts, apps, data

TAIPEI (Taiwan News) – Online censors in China conducted a large operation this week removing thousands of personnel accounts, mobile apps and deleting masses of data from the Chinese intranet. ...

Extolling communism, Xi Jinping declares China committed to 'transforming global governance'

TAIPEI (Taiwan News) -- On Tuesday in Beijing, the Chinese Communist Party under Xi Jinping held a ceremony to mark 40 years since the conclave that saw the party begin its process of market reforms u...

Asian shares advance following strong Wall Street finish

BANGKOK (AP) — Shares rose in Asia on Thursday after a strong overnight finish on Wall Street. Traders were encouraged by a Wall Street Journal report saying the Chinese government might make changes ...

Business Highlights

___ Trump comments upend US approach to Huawei, trade talks WASHINGTON (AP) — The United States and China have taken pains this week to emphasize that their trade t...

Tencent Music shares rise on first trading day

NEW YORK (AP) — Shares in Chinese streaming music giant Tencent Music Entertainment are up 8 percent to $14.11 on their first day of trading. The company's initial public offering of...

China's Tencent partners with law enforcement to limit online gameplay for minors 

TAIPEI (Taiwan News) – In response to criticism from the public and the Chinese government, the Chinese tech giant Tencent is responding by increasing monitoring and identity verification measur...

2 Taiwanese named on Harvard’s list of best performing CEOs

TAIPEI (Taiwan News) – Taiwanese businessmen Terry Gou (郭台銘) and Tsai Ming-kai (蔡明介) were both named on Harvard Business Review’s list of 100 best performing CEOs of 2018. Gou was ranke...

US stocks turn higher after report shows modest inflation

NEW YORK (AP) — U.S. stocks are slightly higher in unsteady trading one day after their biggest drop since February. A report indicating that inflation remains limited seemed to calm U.S. investors. ...

CECC human rights report: China expands control over its citizens

The U.S. Congressional-Executive Commission on China (CECC) released its annual report today, which heavily criticizes China’s oppression of its Uighur minority. The report also details China...

China's music streaming leader Tencent to go public in US

SAN FRANCISCO (AP) — The owner of China's largest music streaming services is looking to strike it rich in the U.S. stock market. Tencent Music Entertainment plans to sell its stock ...

AP Explains: The US push to boost 'quantum computing'

YORKTOWN HEIGHTS, N.Y. (AP) — A race by U.S. tech companies to build a new generation of powerful "quantum computers" could get a $1.3 billion boost from Congress, fueled in part by lawmakers' fear of...

Chinese e-merchant built fortune on pledge of honesty

BEIJING (AP) — The Chinese e-commerce billionaire who faces a possible rape accusation in Minneapolis built his business by promising honesty in a market plagued by fraud and fakes. ...