Tencent plans to take Nasdaq-listed Chinese videogame live-streaming firm Douyu International private this year, Reuters reported. Shares of Douyu jumped 14% on the news. Tencent, Douyu’s biggest shareholder with a 37% stake, is in talks with investment banks about the deal, and may team up with a private equity firm, according to Reuters. The talks come as Tencent is trying to come up with...
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VR Is Failing the Very People It Could Benefit Most
Consider this: In The Climb, a popular virtual reality game, any user can virtually scale skyscrapers and majestic cliffs simply by turning their head and gripping a trigger—any user, that is, except one with a muscular, skeletal or neurological disorder that makes even those movements impossible. Or consider this: In January 2020, MIT Media Lab researcher Arwa Michelle Mboya traveled to...
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