regulation

Revenue at Chinese social media and gaming giant Tencent grew just 8% in the fourth quarter, the slowest pace since it went public in 2004, reflecting regulatory scrutiny that has hurt both its gaming business and advertising sales.China has frozen game approvals since August last year and curtailed gaming time for under-18s, part of Beijing's move to strengthen control over its society and industries including technology, after years of unbridled growth.This has also led to a slowdown in advertising as businesses have…

China's gaming regulator on Monday granted publishing licenses to 45 games belonging to the likes of Baidu and XD's Party Star, ending a nine-month long freeze that has dealt a blow to many of the country's tech giants.The National Press and Public Administration published the list on its website. Reuters reported that China had granted a license to XD Party Star earlier in the day.Other companies whose games received licenses included iDreamSky, 37Games, a subsidiary of G-bits Network Technology Xiamen, Shenzhen Zqgame…