Representational image only. | Photo Credit: Reuters Asian stocks extended a global rally on December 1 and the dollar fell after Federal Reserve boss Jerome Powell flagged a slowdown in the pace of interest rate hikes and China opened the way for a softer approach to fighting COVID-19. A growing sense of hope that months […]
Continue Reading
Chinese tech giant Tencent Holdings (0700.HK) has begun a new round of job cuts targeted at its video streaming, gaming and cloud businesses, four sources close to the matter said. The sources said the layoffs affect three out of Tencent’s six business divisions – platform and content (PCG), which comprises of its video and news […]
Continue Reading
The latest Tencent deal also caps a difficult four-year period at Ubisoft, where there has been a succession of new game delays and sexual harassment allegations The latest Tencent deal also caps a difficult four-year period at Ubisoft, where there has been a succession of new game delays and sexual harassment allegations Tencent Holdings Ltd. […]
Continue Reading
Tencent said that owners of existing collectibles will still be able to hold, display or request a refund Tencent said that owners of existing collectibles will still be able to hold, display or request a refund Chinese internet giant Tencent Holdings’ non-fungible token (NFT) platform Huanhe will no longer release digital collectibles to the public, […]
Continue Reading
Tencent Holdings Ltd plans to raise its stake in French video game group Ubisoft Entertainment SA as the Chinese gaming giant pivots to the global gaming market, four sources with direct knowledge of the matter told Reuters. China’s largest social network and gaming firm, which bought a 5% stake in Ubisoft in 2018, has reached […]
Continue Reading
Two sources claimed Unity wanted strategic investors to join a business valued at more than $1 billion Two sources claimed Unity wanted strategic investors to join a business valued at more than $1 billion Unity Software Inc, the U.S. developer best known for software used to design video games, is in talks to spin off […]
Continue Reading
Logitech is collaborating with Tencent to develop a cloud gaming handset that could be launched later this year. The device will stream games that are rendered on a remote server instead of users having to download and install them. The handset device will support Xbox Cloud Gaming and Nvidia GeForce NOW. We’re thrilled to announce […]
Continue Reading
The reason for blocking the game with more than 100 million users in India was not immediately clear The reason for blocking the game with more than 100 million users in India was not immediately clear Alphabet Inc’s Google on Thursday blocked access to a popular battle-royale format game from South Korean developer Krafton, citing […]
Continue Reading
The State Admnistration for Market Regulation released a list of 28 deals that violated the rules The State Admnistration for Market Regulation released a list of 28 deals that violated the rules China has imposed fines on technology giants Alibaba and Tencent, as well as a range of other firms for failing to comply with […]
Continue Reading
The South Africa-listed company holds a 28.78% stake in the Chinese gaming company The South Africa-listed company holds a 28.78% stake in the Chinese gaming company Technology investor Naspers said on Monday its full year profit fell 16% as it reinvested its earnings into other businesses and as the contribution from its shareholding in Tencent […]
Continue ReadingCopyright © 2022
Designed and Developed by Cpool Digital Learning
