Friday, August 31, 2018

Tencent loses $20 billion in value after China attacks myopia with gaming curbs

Tencent loses $20 billion in value after China attacks myopia with gaming curbs The curbs are the latest challenge for Tencent, China#39;s largest gaming and social media firm, which earlier this month blamed a freeze on new game approvals for the technology giant#39;s first quarterly profit fall in nearly 13 years.

from Moneycontrol Business News https://ift.tt/2Cb2qIi

No comments:

Post a Comment

RBI holds repo rate, flags supply chain risks to inflation & growth

The Reserve Bank of India maintained its key policy rate at 5.25% due to ongoing West Asia tensions, warning of supply chain disruptions imp...