Internet titans Google and Tencent today signalled possible future collaboration on developing new technologies as the US and Chinese firms announced a long-term patent-sharing agreement.

The companies gave no details on the scope or nature of the potential cooperation but said in a joint statement that they “are open to deeper collaboration in the future on innovative new technologies“.

“By working together on agreements such as this, tech companies can focus on building better products and services for their users,” Google’s head of patents, Mike Lee, was quoted saying.

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