China’s Tencent fires 70 staff, blacklists 13 firms in anti-graft campaign

Tencent Holdings, China’s biggest social media and video games company, on Tuesday said it fired nearly 70 staff over bribery and embezzlement incidents last year and named 13 companies it had blacklisted from future contracts. Tencent said in a social media post that it had also reported more than 10 people to authorities over their actions.

Beijing, which has since last year reasserted control over its once-freewheeling internet sector through a wide-ranging regulatory crackdown, said last week it would investigate and punish any corrupt behaviour found behind internet platform monopolies. jQuery.on { event.preventDefault; jQuery.animate).offset.top }, 500); }); jQuery.ready { jQuery.bind { jQuery.lightBox }); function getSelectedText { if { var range=window.getSelection; return range.toString } else { if { var range=document.

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