On October 27, the State Administration for Market Supervision of China disclosed that the state-owned telecommunications company China Unicom and Tencent Holdings have received regulatory approval to set up a joint venture company. It was reported by the Communist China media on November 2 that the news was spreading widely online, and China Unicom shares soared in Shanghai on the same day. It is reported that the joint venture company set up by Tencent and Unicom is described to focus on content delivery networks and edge computing, which is the use of augmented reality and machine learning to analyze bulk data. Tencent is a top-ranked Internet company in China, mainly engaged in games, social media platforms, cloud computing, and other terminal businesses. And China Unicom, as one of the three major network operators in China, mainly provides network infrastructure services.
The joint venture company was formed to focus on terminal customers for the purpose of reaching a seamless communication and Internet connection, implying that the CCP would further control the people through Information Technology Operations.
Aussie Brief News
Go to First Page and Get the Latest News.
You may also like
-
TikTok uses “Project Texas” to fool Americans twice
-
Select Committee urged to terminate the US-China Tech agreement. The CCP military units are surrounding the U.S.
-
America Borrowed over 800 Billion from CCP and Sent Billions Back to China
-
A BlackRock Recruiter Admitted Senators are Cheap. NFSC revealed the Main Purpose of AIIB and BRICS. II
-
A BlackRock Recruiter Admitted Senators are Cheap. NFSC revealed the Main Purpose of AIIB and BRICS. I