[ad_1] Tencent lost about $43.5 billion in market value on Friday after China surprised financial markets with a fresh set of rules aimed at curbing excessive gaming and spending. The…
Tag: NetEase Inc
TikTok owner ByteDance axes hundreds of jobs in gaming unit as it scales back ambition
[ad_1] Sheldon Cooper | LightRocket | Getty Images TikTok parent company ByteDance is cutting hundreds of jobs in its gaming division, a person familiar with the matter told CNBC, marking…
China’s tech giants are launching ChatGPT clones — and Beijing is watching closely
[ad_1] Chinese technology giants over the past week have announced their intentions to launch ChatGPT-style products, joining the artificial intelligence arms race sparked by the popular chatbot. But announcements from…
China’s NetEase buys gaming studio involved in major titles including Halo Infinite and Minecraft
[ad_1] Canadian firm SkyBox Labs is co-developing Halo Infinite for Microsoft’s Xbox. NetEase acquired SkyBox Labs as part of an aggressive international push and as it eyes a slice of…