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TikTok owner ByteDance axes hundreds of jobs in gaming unit as it scales back ambition
Sheldon Cooper | LightRocket | Getty Images TikTok parent company ByteDance is cutting hundreds of jobs in its gaming division,…
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After blockbuster Microsoft deal, gaming giants are still sitting on $45 billion cash hoard
Gamers play the video game “Star Wars Battlefront II” during the “Paris Games Week” on Oct. 31, 2017. Chesno Publicly…
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Hong Kong stocks off to best start since 2018 on China recovery hopes
Shoppers walk through a street market in Hong Kong, China, on Sunday, Jan. 30, 2022. Photographer: Chan Long Hei/Bloomberg via…
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Alibaba, other China ADRs surge as Ant Group capital plan approval fuels hope for relaxing scrutiny
Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest…
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Investments are set to flow back into China as tech giants avoid U.S. delisting, government pledges policy support, says investment manager
Chinese e-commerce giant Alibaba was one of the 100 over companies that had faced the risk of delisting in the…
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China is showing signs its intense crackdown on the video game sector is easing
Chinese regulators have increased scrutiny on the domestic game sector over the past year and a half. But new batches…
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A game about sheep is going viral in China even as gaming regulation remains tight
A young Beijing company’s game called “Sheep a Sheep” went viral in China in September 2022. Evelyn Cheng | CNBC…
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