"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2018-10-02T20:06:03Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2018/09/24/tencent-what-you-need-to-know-orig.cnn-business"
data-branding-key="sectors"
data-video-slug="tencent what you need to know orig"
data-first-publish-slug="tencent what you need to know orig"
data-video-tags="broadcasting industry,business and industry sectors,business, economy and trade,companies,digital and streaming music,facebook,instagram,internet and www,internet broadcasting,media industry,misc people,music industry,samuel burke,snapchat,spotify,streaming media,technology,tencent holdings limited,whatsapp inc"
data-details="">
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2018-10-02T20:06:03Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2018/09/24/tencent-what-you-need-to-know-orig.cnn-business"
data-branding-key="sectors"
data-video-slug="tencent what you need to know orig"
data-first-publish-slug="tencent what you need to know orig"
data-video-tags="broadcasting industry,business and industry sectors,business, economy and trade,companies,digital and streaming music,facebook,instagram,internet and www,internet broadcasting,media industry,misc people,music industry,samuel burke,snapchat,spotify,streaming media,technology,tencent holdings limited,whatsapp inc"
data-details="">
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2023-05-30T19:56:54Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2023/05/30/artificial-intelligence-pose-risk-of-extinction-humanity-salin-sot-nc-vpx.cnn"
data-branding-key=""
data-video-slug="DO NOT USE artificial intelligence pose risk of extinction humanity salin sot nc vpx"
data-first-publish-slug="DO NOT USE artificial intelligence pose risk of extinction humanity salin sot nc vpx"
data-video-tags=""
data-details="">
Video Ad Feedback
Experts warn AI could pose 'extinction' risk for humanity
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2023-02-14T10:58:28Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2023/02/14/flirt-artificial-intelligence-ai-dating-apps-hinge-tinder-orig.cnn-business"
data-branding-key="nightcap"
data-video-slug="flirt artificial intelligence ai dating apps hinge tinder orig"
data-first-publish-slug="flirt artificial intelligence ai dating apps hinge tinder orig"
data-video-tags="artificial intelligence,business and industry sectors,business, economy and trade,cnn,companies,computer science and information technology,domestic alerts,domestic-business,domestic-health and science,iab-artificial intelligence,iab-business and finance,iab-computing,iab-industries,iab-software and applications,iab-technology & computing,iab-technology industry,international alerts,international-business,international-health and science,mobile apps,mobile technology,openai,software and applications,technology,warnermedia"
data-details="">
Video Ad Feedback
CNN tried an AI flirt app. It was shockingly pervy
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2023-02-11T02:28:49Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2023/02/11/deepfake-newscast-ai-chinese-messaging-wang-pkg-ac360-vpx.cnn"
data-branding-key=""
data-video-slug="deepfake newscast AI chinese messaging wang pkg ac360 vpx"
data-first-publish-slug="deepfake newscast AI chinese messaging wang pkg ac360 vpx"
data-video-tags=""
data-details="">
Video Ad Feedback
These newscasters you may have seen online are not real people
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2023-01-28T11:20:56Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2023/01/26/nightcap-chatgpt-students-clip-orig-nb.cnn"
data-branding-key="nightcap"
data-video-slug="nightcap chatgpt students clip orig nb"
data-first-publish-slug="nightcap chatgpt students clip orig nb"
data-video-tags="artificial intelligence,business and industry sectors,business, economy and trade,companies,computer science and information technology,domestic alerts,domestic-business,domestic-health and science,education,education systems and institutions,iab-artificial intelligence,iab-business and finance,iab-computing,iab-education,iab-education industry,iab-industries,iab-technology & computing,iab-technology industry,international alerts,international-business,international-health and science,openai,primary and secondary education,teachers and teaching,technology"
data-details="">
Video Ad Feedback
Hear why this teacher says schools should embrace ChatGPT, not ban it
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2023-01-24T14:05:56Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2023/01/24/what-is-chatgpt-cnntm-pkg-yurkevich-contd-vpx.cnn"
data-branding-key=""
data-video-slug="what is chatgpt cnntm pkg yurkevich contd vpx"
data-first-publish-slug="what is chatgpt cnntm pkg yurkevich contd vpx"
data-video-tags="artificial intelligence,business and industry sectors,business, economy and trade,companies,computer science and information technology,domestic alerts,domestic-business,domestic-health and science,iab-artificial intelligence,iab-business and finance,iab-computing,iab-industries,iab-technology & computing,iab-technology industry,international alerts,international-business,international-health and science,openai,technology"
data-details="">
Video Ad Feedback
He loves artificial intelligence. Hear why he is issuing a warning about ChatGPT
Tencent’s largest investor is listing its $134 billion stake in the Chinese internet giant in Europe.
South African media group Naspers unveiled plans Monday to bundle its stakes in tech businesses including Tencent
(TCEHY) into a new company that will be listed in Amsterdam.
Naspers would float 25% of the shares in the new business, which it said would become “Europe’s largest listed consumer internet company.”
In addition to Tencent, the new company will include Naspers’ stakes in Indian e-commerce startup Swiggy, Russian internet business Mail.ru and German food delivery company Delivery Hero.
“The listing will present an appealing new opportunity for international tech investors to have access to our unique portfolio of international internet assets,” Naspers CEO Bob van Dijk said in a statement.
Naspers paid $32 million in 2001 for a major stake in Tencent.
Halden Krog/Bloomberg via Getty Images
Listing the assets on the Euronext exchange in Amsterdam solves a problem for Naspers. Its stake in Tencent, which it bought for $32 million in 2001, was getting way too big for South African markets.
Naspers said that institutional investors in South Africa had been forced to trim their holdings in the company because its weighting had ballooned to 25% of the Johannesburg Stock Exchange, up from 5% five years ago.
Tencent, the sprawling conglomerate that owns the WeChat messaging platform and a host of payment apps and mobile games, is one big reason behind the intense investor interest in Naspers.
Naspers raised nearly $10 billion in March 2018 by reducing its stake in Tencent from 33% to 31%. The remaining investment is now worth $134 billion.
While Tencent is by far its most successful investment, Naspers has made some other smart bets.
In May 2018, it netted $1.6 billion from the sale of its 11% stake in India’s e-commerce platform Flipkart, now owned by Walmart
(WMT). Naspers first invested in Flipkart in 2012.
The media and tech firm said Monday that it would remain the largest South African company on the Johannesburg Stock Exchange even after the spin-off lists in Amsterdam.
