Qualcomm is the largest supplier of mobile phone chips that power many Android devices. With a market capitalization of about $453 billion, Tencent is China's largest mobile software company and owns WeChat, the nearly ubiquitous social network.
Tencent Holdings is pressing China’s top smartphone vendors and app stores to boost the cut of revenue it gets from games sold through their platforms, people familiar with the matter said, stepping up efforts to claw back profits as its business slows.
Tencent's WeChat has reached an agreement to re-introduce the tipping feature in its iOS app. This will enable users to tip content creators directly to their accounts, rather than through WeChat's public account holders.