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

How Xi Jinping just redrew world's geopolitical map

While US Treasury Secretary Scott Bessent dismissed the SCO summit, telling Fox News it was “largely performative,” to other observers Xi ha...