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Entertainment Asia

Tencent Stock Falls After Chinese Government Issues New Game Regulations

The shares of Chinese videogaming giants Tencent and Netease fell sharply after China’s Ministry of Education called on government agencies to tackle students’ overuse of electronic devices. In particular, the education ministry told China’s media regulator to place limits on the number of online games released each year, develop an age-appropriate ratings system and adopt measures to limit...

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The Briefing
Uber Finally Hits $90 Billion Market Cap; The Information’s Tech Briefing
Uber Finally Hits $90 Billion Market Cap; The Information’s Tech Briefing
Most major tech stocks rallied with the rest of the stock market on Tuesday, as the Dow Jones Industrial Average passed the 30,000 mark for the first time. Some tech stocks hit highs nearly as symbolic as the Dow’s closing level. Uber, for instance, rose 2.4% to $51.26, its highest price ever and putting its market capitalization at $90 billion. That was the top end of its expected IPO...
Latest Briefs
 
Facebook and Amazon Begin Getting New French Tax Bills
South Korean Regulator Fines Facebook for Sharing Personal Data Without Permission
India Bans 43 Chinese Mobile Apps Including Alibaba’s Shopping App
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Alphabet’s Internet Balloon Subsidiary ‘Loon’ Hit Financing Turbulence
Exclusive Startups Google
Alphabet’s Internet Balloon Subsidiary ‘Loon’ Hit Financing Turbulence
Doubts are growing about one of the first and most high-profile efforts by Google owner Alphabet to show that it can be more than an advertising cash machine.
Tech CEOs Are Saying Goodbye to San Francisco
Exclusive Real Estate Economy
Tech CEOs Are Saying Goodbye to San Francisco
Splunk, Dropbox and Brex followed similar formulas as they grew from small startups to established companies.
Job Site Hired, Once Valued at $500 Million, Discusses Winding Down
Exclusive
Job Site Hired, Once Valued at $500 Million, Discusses Winding Down
Hired, a recruitment service for tech jobs, has started a process to sell assets, pay off creditors and wind down the company, according to people familiar with the plans and a document seen by The Information.
Microsoft’s New Weapon in Console Wars: a ‘Netflix for Games’
Microsoft Media/Telecom
Microsoft’s New Weapon in Console Wars: a ‘Netflix for Games’
Last week, Microsoft and Sony kicked off a new round of game console wars, releasing new machines likely to be among the most sought-after gifts this holiday season.
Why Silicon Valley Loves Airbnb—for Now
The Takeaway
Why Silicon Valley Loves Airbnb—for Now
This week you saw something you don’t often see: goodwill for a tech company. Maybe it was a reaction to the endless years of lashing out against tech CEOs on Twitter, often coming from other tech CEOs themselves.
Airbnb’s Chesky Takes Far Lower Salary Than Most Tech CEOs at IPO
Data Point Markets
Airbnb’s Chesky Takes Far Lower Salary Than Most Tech CEOs at IPO
Airbnb has distinguished itself on a number of grounds, including the innovative nature of its business model and its ability to turn a profit, at least for a period of time.