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Videogame boss Tim Sweeney is on a winning streak.His company, closely held Epic Games, defeated tech behemoth Google in court on Monday, and its years-old megahit “Fortnite”—which served as the catalyst for the legal battle—is undergoing a resurgence in popularity. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Videogame boss Tim Sweeneyis on a winning streak.His company, closely held Epic Games, defeated tech behemoth Google in court on Monday, and its years-old…

SINGAPORE—Meta Platforms has struck a preliminary deal to sell a new, lower-priced version of its virtual-reality headset in China, regaining a foothold among consumers in the country 14 years after Facebook was shut out. The agreement with Tencent Holdingswill make the world’s largest videogame company the exclusive seller of Meta’s headsets in China, people familiar with the matter said, offering the U.S. technology giant a major new market as it looks to boost tepid global demand for its niche gear. Tencent will start…

Bob van Dijk, the chief executive of the of Amsterdam-listed firm, says it plans to remain a long-term investor in the Chinese company. Bob van Dijk, the chief executive of the of Amsterdam-listed firm, says it plans to remain a long-term investor in the Chinese company. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to…

More than a decade after Beijing blocked Facebook, parent Meta’s effort to sell its virtual-reality headsets in China faces challenges that include some of the founder’s past comments. More than a decade after Beijing blocked Facebook, parent Meta’s effort to sell its virtual-reality headsets in China faces challenges that include some of the founder’s past comments. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s…

It wasn’t just a big hand from the state; competitive pressure and creativity have made Chinese-designed and -built electric cars formidable competitors. It wasn’t just a big hand from the state; competitive pressure and creativity have made Chinese-designed and -built electric cars formidable competitors. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is…

Alibaba’s shares fell after revenue missed forecasts; Tencent and Baidu saw more marked upturn. Alibaba’s shares fell after revenue missed forecasts; Tencent and Baidu saw more marked upturn. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the…

After a brutal 2022, Tencent is bouncing back quickly. But it needs to keep diversifying its business to lay the foundation for long-term growth. After a brutal 2022, Tencent is bouncing back quickly. But it needs to keep diversifying its business to lay the foundation for long-term growth. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All…

SINGAPORE—Chinese internet conglomerate Tencent Holdings Ltd.’s TCEHY 1.89% quarterly revenue rose 0.5% from a year earlier, backed by rising demand for digital advertisements, as executives said businesses were shaking off the impact from Beijing’s tough pandemic controls.October-December revenue rose to the equivalent of $20.8 billion, the company said Wednesday, after two quarters of contractions. As China’s sluggish economy casts a shadow over Tencent’s various…

Alphabet Inc.’s GOOG -0.52% Google blocked downloads of e-commerce app Pinduoduo PDD -14.17% after versions of it not carried in its app store were found to contain malware, adding to security concerns about Chinese-developed apps. The Pinduoduo app, which is owned by PDD Holdings Inc., has been suspended from Google Play over security concerns while it conducts an investigation, a…

The viral popularity of ChatGPT has stirred a frenzy within China where tech companies, battered by a two-year regulatory clampdown and the Covid-19 pandemic, have been seeking new sources of growth. Search engine owner Baidu Inc., e-commerce giant Alibaba Group Holding Ltd. and social-media conglomerate Tencent Holdings Ltd. are among those that have announced investments to develop their own equivalents to the artificial-intelligence chatbot, which isn’t available in China. Stocks of other…