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TENCENT METAVERSE STAKE
Tencent shifts focus to majority deals, overseas gaming assets for growth: sourcesTencent told Reuters the company had been investing abroad for a long time - "long before any new regulations" in China. It looks for "inno...- China's Tencent raises stake in 'Assassin's Creed' maker UbisoftInterest in the maker of the "Assassin's Creed" and "Tom Clancy's" franchises comes as the world's largest games firm by revenue counters s...
- TikTok takeoverOriginally launched as a short-form video sharing platform for lip-syncing and dancing videos, TikTok has grown into a full-fledged video s...
- Tech’s biggest losers in 2022What’s different this time is the companies getting battered are market leaders in their categories, not recent upstarts looking to cash in...
- Ashneer Grover seeks indemnity; MediBuddy bags $125 millionAshneer Grover, the embattled cofounder and managing director of BharatPe, who is in discussions with the firm, has sought protection from ...
- CCI seeks more info on PayU-BillDesk deal; MeitY’s draft data policyIf approved by regulators, the deal would mark the biggest consolidation in the sector, we wrote at the time. Now, sources tell us India’s ...
- Startups go all out to attract talent; Lightspeed chases growth dealsIndian startups including the likes of Meesho, PhonePe, Upgrad, Purplle, Pristyn Care and Spinny are going all out to rope in and retain ta...
- Microsoft-Activision deal: Key things to knowThe merger, which is expected to be finalized next year, would beef up Microsoft's muscle in the booming game market while playing to its s...
- MeitY preparing cabinet note on Data Bill; online food delivery spikes againIndia’s data protection bill, which has been in the works for years, could be introduced in the upcoming budget session of Parliament. Rest...
- Binny Bansal’s Flipkart stock sale; Uber’s Rs 2 crore job offer at IITsBinny Bansal, who cofounded Flipkart along with Sachin Bansal, has scooped up a good sum by selling a part of his stake in the company. The...
- Ola to get pre-IPO boost; A91 says investors 'feel like a commodity'Ride-hailing firm Ola, which has seen its business recover gradually over the past few months, is set for a pre-IPO funding round that coul...
- Indians spend 4.8 hours a day on mobile apps; Musk sells $5B Tesla sharesA new report by App Annie, an app market analytics firm, puts numbers to something we’ve all known for 19 months now—that we’ve all been sp...
- Tencent says Beijing likely to support metaverse - as long as it obeys China rulesTencent, China's biggest company by market value, welcomed the potential for gaming business opportunities in a post-earnings call on Wedne...
- Apart from Facebook, who else is building the metaverse?The metaverse broadly refers to the idea of a shared virtual platform that people can access through different devices.
- Who's building the metaverse?Well before Facebook CEO Mark Zuckerberg's splashy demos featuring giant robots and digital time travels to ancient Rome, dozens of compani...
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