California Regulator Probes Waymo Robotaxi Stalls During San Francisco Power Outage 
IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding 
UK Economy Grows 0.1% in Q3 2025 as Outlook Remains Fragile 
Uber and Baidu Partner to Test Robotaxis in the UK, Marking a New Milestone for Autonomous Ride-Hailing 
Bridgewater Associates Plans Major Employee Ownership Expansion in Milestone Year 
Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks 
Japan Signals Possible Yen Intervention as Currency Weakens Despite BOJ Rate Hike 
Global Demand for Yuan Loans and Bonds Surges as China Pushes Currency Internationalization 
Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow 
JPMorgan’s Top Large-Cap Pharma Stocks to Watch in 2026 
China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries 
Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role 
Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions 
Oil Prices Ease in Asia as Geopolitical Risks Clash With Weak Demand Outlook 
Novo Nordisk Stock Surges After FDA Approves Wegovy Pill for Weight Loss 
Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy 
Roche CEO Warns US Drug Price Deals Could Raise Costs of New Medicines in Switzerland 
NetEase Cloud Music accused Tencent Music Entertainment of plagiarizing its mobile app design and unfair competition practice; thus, it has filed a suit to make things right. The legal battle has further intensified the rivalry between the two Chinese tech giants.
NetEase Cloud Music and Tencent Music have long been competing in the business. They are also always up against each other in trying to sign up well-known musicians and increasing the number of their users.
As per Reuters, NetEase Cloud Music said that there are features on Tencent Music’s suite of music streaming apps that let its users avoid or bypass copyright restrictions. The company said that with this feature, users are still able to play songs that are licensed by NCM.
"We urge TME to immediately rectify its products and businesses and stop all behaviors of unfair competition," NetEase Cloud Music post on its Weibo account reads.
It was noted that Tencent Music was also fined last year by the country’s anti-trust regulatory board. Apart from the fine, the company was also prohibited from signing exclusive music copyright agreements, which caused it to terminate all such deals.
At any rate, Market Watch mentioned that the company further shared on Weibo that Tencent Music Entertainment has been allowing the streaming of songs that were licensed only to NetEase’s Cloud Village Inc. unit. The music streaming service added that TME copied some features and even the design of its app.
With these complaints, NetEase Cloud Music is urging Tencent Music to put a stop to all of its unfair competition practices. The company also called on its rival to fix its products and businesses.
In its response to the call, the spokesperson of Tencent Music said that NetEase Cloud Music’s statement is just a “staged trick.” It appeared that Tencent Holding’s music unit thought it had done nothing wrong and denied the accusations by saying it "believes in the justice of the law."
Meanwhile, Tencent Music Entertainment is currently the largest music streaming service in China. In 2021, the company grew by 7.2% to $4.9 billion. As for NetEase’s music division, it has also flourished with a 43% surge to $1.1 billion last year but has been posting losses as well.
