Democrats such as Elizabeth Warren had their eye on business and the working class during the first 2020 presidential primary debate in Miami.2020 Electionsread more
The issue over health insurance marked the first stark divide among the candidates, and sparked a heated back-and-forth between many of the candidates on stage.Politicsread more
Huawei's legal chief told CNBC that the company makes "solutions for civil use."Technologyread more
Four candidates mentioned China — but none of the Democratic contenders brought up trade in the debate.Politicsread more
In a strategy to draw attention away from Wednesday's Democratic debate, President Donald Trump's reelection campaign bought out YouTube's "masthead," the leading...2020 Electionsread more
The Federal Aviation Administration said on Wednesday that is has found an issue with the Boeing 737 Max that the manufacturer must address before it lifts the grounding...Airlinesread more
The collapse of the deal potentially ended Sinclair's hopes of building a national conservative-leaning TV powerhouse that might have rivaled Fox News.Mediaread more
Huawei legal chief Song Liuping told CNBC that the company is in the "early phase" of talks with Verizon over paying royalties.Technologyread more
Virginia Sen. Mark Warner breaks down the idea behind a bipartisan bill he introduced to provide more transparency in Big Tech.Technologyread more
Tesla is working on new battery cell designs, and a way to make their own cells, with R&D teams in a lab near its car plant in Fremont, California.Technologyread more
Wi-Fi 6 will be the next-generation wireless standard. Along with 5G, it will represent the next big shift in connectivity and data, said Irving Tan, senior vice president and...Shaping the futureread more
You can do almost anything now on a single mobile device. But in China, you can do almost anything on just one single app: Weixin — known as WeChat outside of China.
Tencent, the company behind the massively popular app, is China's biggest social network and gaming company. It's now one of the most valuable companies in the world.
The massive conglomerate recently joined Apple, Facebook, and Amazon on the list of massive tech companies that have passed the coveted $500 billion dollar market cap, making it Asia's first company to do this.
Tencent is an investment holding conglomerate with many, many subsidiaries. They include social networks, payment systems, media, entertainment, smartphones, e-commerce, property, advertising, artificial intelligence and more.
Think of WeChat like Facebook meets WhatsApp, meets Venmo and CandyCrush, Tinder, and Amazon. Still, there're even more functions including booking medical appointments and finding out how densely crowded a location is.
The number of people on WeChat is now closing in on a billion users.
In the early 2000s, Tencent anticipated the popularity of chat apps by seeing their use at China's internet cafes.
China is considered a mobile-first market, meaning its consumers joined the internet on a mobile device before a computer.
In 1999, in the United States, there were about 50 computers for every 100 people, according to the World Bank. In China, there was only about one computer for every 100 people.
Today, using an email address is not very common for Chinese consumers. The preferred way to communicate is chat apps for friends, family, colleagues, potential business partners and even strangers.
Tencent recently announced it will roll out its WeChat payment services in Malaysia after gaining an e-payment license outside of China.
Tencent is also planning to get its massively popular video game, "King of Glory," into the U.S.
But, Western companies have historically had a hard time infiltrating China and things aren't much easier for Chinese internet companies trying to expand globally.
Tencent's massive market capitalization puts it next to some of Silicon Valley's biggest tech companies, but whether it can continue to break records and gain traction outside of China remains to be seen.