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US adds web and gaming giant Tencent to list of Chinese military companies
(www.theregister.com)
This is a most excellent place for technology news and articles.
Calling Tencent a "web and gaming giant" is really deceiving here.
It's one of the biggest tech conglomerates in the world. Tencent invest into literally everything: games, social networks, entertainments, cloud computing, finance, AI, other investments... Tencent owns WeChat, Tencent Cloud, Tencent Healthcare just to name a few and helps CCP with surveilance and censorship through these ownings (tbf they don't really have a choice, they're based in China)
100% they are involved in military too so this classification is very much justified.
Don't they also have lots of stakes in other companies.
Yeah that's what the comment said