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/2wujYdk

No comments:

Post a Comment

Vijay Kedia-backed cybersecurity stock announces 1:1 bonus issue. Check details

Shares of Vijay Kedia-backed TAC Infosec rose on news of a one-for-one bonus issue, backed by strong financial performance, including a 157%...