Trump administration debates allowing Tencent to keep its gaming stakes, FT reports - Reuters
Trump administration debates allowing Tencent to keep its gaming stakes, FT reports Reuters
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Notable Quotes
"such exports would contribute to 'a positive economic relationship with China' and be 'positive for us overall.'"
— Jensen Huang , Executive
"The administration previously dragged its feet on congressional legislation, requiring it to shut down TikTok in the United States."
— Donald Trump , Politician
Key People
Former president of the United States known for his aggressive economic policies.
Commerce secretary during Trump's administration.
Jensen Huang is the CEO of Nvidia, a leading company in AI and semiconductor technology.
Larry Ellison is the co-founder and Chairman of Oracle Corporation.
Xi Jinping is the General Secretary of the Communist Party of China and President of China.
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<a href="https://news.google.com/rss/articles/CBMivwFBVV95cUxOa0JSUjJlNXpKc3k5TlFkcHRheGJ3TXhpbmlxNkphN1JPaG5MM25EWDlZQm9nV1p3R2dOUGlHUDN5OVNEVVVGQk1fMHRHQWZ0TGRCSDdjNFdjbVhTSjBBLUg4QTlfZUpZTVc1ZGVNT0toNi1EVWdDX2VoUllycWRuV0pPRFc1THNFMEVZUGRtV213UVpXcVJkX1ZDU2x4dHFmQ0ZCQjlRVV9ZOHh2Rzd4emJlMmpyQWRXak9CWXg5NA?oc=5" target="_blank">Trump administration debates allowing Tencent to keep its gaming stakes, FT reports</a> <font color="#6f6f6f">Reuters</font>
The Trump administration is considering whether to allow Chinese internet giant Tencent Holdings Ltd to maintain its holdings in major U.S. and Finnish gaming companies, amid concerns over national security and data privacy.
U.S. officials are considering imposing limits on the number of AI accelerators Nvidia Corp. can export to Chinese companies, potentially affecting the chipmaker's reentry into the Chinese market.
The White House is debating whether to allow Tencent to retain its stakes in major video game groups, including Epic Games and Supercell, ahead of President Trump's meeting with Chinese President Xi Jinping in April.
The White House is considering whether to allow Tencent to keep its stakes in major video game groups as President Trump prepares to meet Chinese President Xi Jinping in April.
The Trump administration is weighing whether to force Chinese tech conglomerate Tencent to abandon its investment in U.S. gaming companies, including Epic Games and Riot Games, over security concerns.
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