In a move echoing recent U.S. antitrust measures, China has unveiled sweeping regulations to curb the monopoly power of tech platforms, sending shares of Alibaba, Tencent, Meituan and JD.com plunging. The selloff came after China’s antitrust watchdog published draft regulations for public comment, according to Bloomberg. Among the behaviors targeted is sharing of consumer data,...
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Let The Mixed-Reality Headset Games Begin
You don’t need special glasses to see why Meta Platforms announced its latest mixed-reality headset, the Quest 3, on Thursday, just days before Apple is expected to unveil its own entry to the field. CEO Mark Zuckerberg has literally bet the company, and its name, on the metaverse, but the results so far have been disappointing. It’s been almost a decade since Meta, née Facebook, stepped...
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