Singapore – Tencent’s cloud business Tencent Cloud has announced its commitment to support the development of the Web3 ecosystem, which aims to significantly contribute to the evolving growth of the global Web3 community.

They also unveiled the development roadmap of a full suite of blockchain API services and its brand new Tencent Cloud Metaverse-in-a-Box offerings, providing a strong technological foundation for Web3 builders while reinforcing its commitment to be the digital enabler for the Web3 industry. 

Tencent Cloud will also offer the Web3 builders cloud solution credits, marketing workshops, and publicity opportunities leveraging Tencent and Tencent Cloud’s ecosystem and resources through the Tencent Cloud Web3 Ecosystem Alliance. Selected Web3 builders will also be given priority on product integration and co-creation with Tencent and its partners. 

Poshu Yeung, senior vice president at Tencent Cloud International, said, “At Tencent Cloud, we see a future with Web3, a new iteration of the internet that ushers in the concept of ‘Immersive Convergence’ where the physical and digital economies meet and integrate.” 

He added, “With more businesses now keen to explore and adapt to an efficient, transparent digital future, we are ready to leverage our many years of technical experience in the fields of games, audio, and video to provide strong technical support for Web3, and work with industry partners to create a more immersive experience and nurture a better Web3 ecosystem.” 

Tencent Cloud also signed a memorandum of understanding (MoU) with Ankr, a Web3 infrastructure provider to jointly develop a full suite of blockchain API services which provides a high-performing globally distributed and decentralised network of Remote Procedure Call (RPC) nodes, enabling builders to power their Web3 projects.

Meanwhile, Tommy Li, vice president at Tencent Cloud, shared, “Built on our leading technologies and enormous industry experience, we are proud to introduce Metaverse-in-a-Box with the goal to accelerate public sectors and enterprise clients’ journey to the metaverse.”

Shenzhen, China – China’s tech behemoth Tencent has announced a new wave of layoffs, affecting teams on its video streaming, gaming, and cloud businesses.

Sources told Reuters that it spread across three out of six of Tencent’s business divisions. They include platform and content (PCG); the gaming-focused interactive entertainment department (IEG), and the cloud and smart industries group (CSIG).

There is no exact figure how many Tencent employees were laid off.

Tencent previously announced a wave of job cuts in September this year, affecting around 5,000 people or 5% of the company’s workforce. Some of the companies under the conglomerate which underwent downsizing include gaming publication Fanbyte and short-video platform Xiaohongshu.

The firm has a stake in numerous social media platforms and gaming companies;including Riot Games, Epic Games, Roblox, Discord, Pocket Gems, amongst others.

Tencent’s latest update follows a massive wave of tech layoffs globally, including Meta, Salesforce, Shopee, Netflix, Snap, and Oracle.

Singapore – Multinational tech giant Tencent has partnered with local social enterprise SOOS OIO to organise a series of parenting webinars, workshops and community gaming tournaments to serve the fast-growing gaming community in Singapore that has been growing at an unprecedented rate.

Both companies will embark on the partnership at this year’s Digital For Life Festival, a two-weekend event hosted by Singapore’s Infocomm Media Development Authority (IMDA) between 21 to 22 May and 28 to 29 May this year.

Through the various activities planned for the event, Tencent and SOOS OIO will work to demystify gaming for parents, engage youths to form healthy gaming habits, foster healthy familial relationships through gaming, and help them realise the benefits of games for everyone.

Stanley Sun, head of publishing technology services of Interactive Entertainment Group (IEG) at Tencent, said, “We are proud to be part of the Digital For Life Festival to drive greater awareness about the importance of digital wellness, and how the digital sphere, including online gaming, enables new possibilities and empowers the digital society. As a game publisher, we continuously work to build a healthy and inclusive gaming ecosystem, in close collaboration with organisations like SOOS OIO in Singapore.”

Meanwhile, Pauline Phoon, founder of SOOS OIO, commented, “Play is an integral part of learning and we believe that video gaming constitutes play on a different playground. It offers development for every youth across cognitive, emotional and social aspects.”

She added, “Misconceptions around gaming often arise from a lack of understanding about the nature of games and the benefits it can bring. Together with Tencent, we hope to bring awareness among parents and community in Singapore about the various ways gaming can be leveraged for digital wellness, social and cognitive skills, and most importantly – as a means of connecting with children.”

Hong Kong – Tencent Cloud, the cloud business of china-based tech giant Tencent, is introducing Lighthouse, a one-stop cloud server service that is suitable for lightweight business scenarios. This is in response to covering the needs of more SMEs and developers amid small businesses further seeing the importance of cloud usage. 

Tencent Cloud Lighthouse comes with ‘out-of-the-box’ features such as one-stop integration of basic cloud services, including computing, storage, and network. It also provides a one-click app deployment, providing a rich set of out-of-the-box app images and preconfigured software stacks for websites, blogs, forums, and other application systems. 

The company also boasts Lighthouse’s packages for computing, storage, and network resources as well as high bandwidth/traffic packages which aim to make the deployments highly cost-effective. Tencent also said the service helps in unifying operations and maintenance, where servers, applications, operations and maintenance are able to be carried out from a single unified management console of Lighthouse.

Furthermore, Tencent Cloud emphasises Lighthouse’s fit in different scenarios, such as building websites, and web applications, as well as building mini programs, mini games, online stores, cloud storage, and image hosting, among others. 

Poshu Yeung, SVP of Tencent Cloud International, said, “As we usher in the new digital era, there’s a surge in demand for cloud technologies, particularly with SMEs and the developer community around the world. As one of the world’s leading cloud service providers, we are committed to empowering businesses of all sizes and fields to embrace digital transformation. We are pleased to introduce Tencent Cloud Lighthouse, a simplified and easy-to-use cloud server product that can assist them as they embark on their cloudification journey efficiently.”

Tencent Cloud also recently launched the SME Booster Program, offering SMEs up to USD500 exclusive rebate packages, various product free trials and promotional offers, including Lighthouse.