Source: South China Morning PostA former employee of Tencent Holdings has been slapped by a Beijing court with a fine totalling 1.1 million yuan (US$167,000) for breaking a non-compete agreement with the company after he joined TikTok-owner ByteDance, heating up the rivalry between the two Chinese internet giants.The Beijing No 1 Intermediate People’s Court on March 22 issued a ruling against Chen Shuo, who worked as a senior editor in Tencent’s content platform department for two-and-a-half years, for breaking the six-month…Read More