China approves 87 new video games including titles by Tencent and AlibabaShenzhen-based Tencent, the world's largest gaming company, received at least one game licence for a mobile game named "Wangzhewanxiangqi",...
10 Feb, 2023, 07.09 PM IST
Alibaba shares lose $28 billion in sign rally is fizzling outHangzhou-based Alibaba’s gains in January were more than almost any other company in the Hang Seng as it extended its rally from an October...
31 Jan, 2023, 11.36 AM IST
China's video game makers come in from the cold as crackdown easesBeijing's tough curbs in 2021 laid waste to the once-booming industry, shaving over half of the market value of sector leaders like Tencent...
20 Jan, 2023, 01.32 PM IST
Activision Blizzard says NetEase rejects proposal to extend partnershipActivision Blizzard Inc, the U.S. video game developer behind hit franchise Warcraft, on Tuesday said its Chinese publisher NetEase Inc had...
17 Jan, 2023, 01.52 PM IST
China to import 45 foreign video games, grants multiple licences to TencentAmong the imported online games approved by the National Press and Publication Administration are five to be published by Tencent Holdings ...
28 Dec, 2022, 04.22 PM IST
Gaming giant Blizzard says it will suspend most China services"Blizzard Entertainment, Inc. announced today that it will be suspending most Blizzard game services in mainland China," Blizzard Entertain...
17 Nov, 2022, 03.00 PM IST
China grants licences to 136 online gamesTitles belonging to tech companies Tencent and NetEase Inc were not on the approved list published by the National Press and Public Adminis...
01 Aug, 2022, 05.21 PM IST
China ends gaming approval freeze, grants first licenses since July last yearChinese regulators stopped approving game monetisation licences in July last year, impacting heavily the likes of industry giant Tencent Ho...
12 Apr, 2022, 09.56 AM IST
Chinese regulators ask some US-listed firms to prepare for audit disclosuresAs part of that move, the China Securities Regulatory Commission (CSRC) and other regulatory agencies earlier this month summoned top inter...
23 Mar, 2022, 09.02 AM IST
Gaming company Kepler raises $120 million from China's NetEaseThe group, formed with seven gaming companies including Alpha Channel and Sloclap, plans to offer game studio founders to become co-owners,...
28 Sep, 2021, 10.39 AM IST
China slows game approvals to enforce tough new rules: ReportThe media watchdog is re-evaluating titles submitted for approval by game developers from Tencent Holdings Ltd to Netease Inc to make sure ...
16 Sep, 2021, 03.26 PM IST
Chinese govt summons gaming firms, says it will crack down on ride-hailingBeijing last month moved to ban under-18s from playing video games for more than three hours a week in a tighter set of regulations for gam...
08 Sep, 2021, 09.17 PM IST
Tencent shares fall after China tightens rules for young video gamersJefferies analysts said on Monday that they expected to see about a 3% impact to Tencent's earnings from the new rules, assuming gaming con...
31 Aug, 2021, 08.49 AM IST
China limits children to 3 hours of online gaming a weekMinors in China can only play games between 8 p.m. to 9 p.m. on Fridays, weekends and on public holidays starting Sept. 1, according to a n...
30 Aug, 2021, 09.02 PM IST
Goldman sells $10.5 billion of stocks in block-trade spreeThe selling spree erased $35 billion from the values of bellwether stocks ranging from Chinese technology giants to U.S. media conglomerate...
28 Mar, 2021, 09.13 AM IST
Tencent plans spin-off, US listing of online music businessTencent has the advantage of a fully developed entertainment and content empire.
09 Jul, 2018, 10.26 AM IST
Bezos falls to No. 3 after selloff saps $43 billion from richestThe rout in US stocks, the worst since May, lopped $2 billion from Bezos’s fortune.
11 Aug, 2017, 03.39 PM IST