News Snapshot:
Tencent chairman and chief executive officer Pony Ma Huateng attends a news conference announcing the company's results in Hong Kong March 17, 2016. — Reuters pic BEIJING, March 25 — Tencent’s billionaire founder Pony Ma — China’s second richest man — has met with anti-monopoly regulators and agreed his firm will be “as compliant as possible,” after rival tech giant Alibaba was battered by legal woes. Tencent, which owns the super-app WeChat and a lucrative gaming empire, is the latest tech conglomerate to fall in the crosshairs of China’s regulators. They have launched a blitz on apparent anti-competitive practices, threatening...
