Source: Tech – South China Morning PostChinese social media and gaming giant Tencent Holdings posted a 29 per cent rise in second-quarter profit amid Beijing’s tighter scrutiny of Big Tech.The Shenzhen-based company reported a profit of 42.6 billion yuan (US$6.6 billion) in the quarter ended June, up from the 33.1 billion yuan in the same period last year and beating estimates of 30.8 billion yuan, as the Hong Kong-listed tech giant braces for tighter scrutiny from Chinese regulators.Revenue reached 138.26 billion yuan, up 20 per…Read More