How the Maker of ‘Fortnite’ Beat Google and Got Its Mojo Back
Videogame boss Tim Sweeney is on a winning streak.His company, closely held Epic Games, defeated tech behemoth Google in court...
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WSJ News Exclusive | Meta Strikes Deal to Return to China After 14 Years
SINGAPORE—Meta Platforms has struck a preliminary deal to sell a new, lower-priced version of its virtual-reality headset in China, regaining...
CEO of Naspers and Prosus Steps Down
South Africa’s most valuable listed company appoints former SoftBank executive as its interim chief. Source link
Tencent Slashes Meituan Stake Worth $20 Billion, Posts Revenue Drop
BusinessEarningsChinese social-media giant plans to distribute food-delivery company’s shares as special dividend to Tencent shareholders Source link
China’s Videogame Makers Tap Overseas Markets as Home Prospects Dim
Chinese videogame companies are moving rapidly into the U.S. and other overseas markets as regulations at home tighten and user...
Tencent Posts Steepest Profit Decline Since Going Public
Tencent Holdings Ltd. TCEHY -6.29% posted its worst quarterly profit drop since listing in Hong Kong in 2004, with its...
WSJ News Exclusive | China Plans Reprieve for Tech Giants, Including Delaying New Rules, as Economy Slows
SINGAPORE—China is preparing to hit pause on its monthslong campaign against technology companies, according to people familiar with the matter,...
Alibaba, Tencent E-Commerce Sites Tagged by U.S. for Counterfeit Sales
Both were on the “notorious markets’’ list of entities that allegedly sell or facilitate the sale of counterfeit goods. Source...
Sony Shares Fall Sharply After News of Microsoft Deal for Activision Blizzard
Sony’s Jim Ryan in Las Vegas earlier this month. Photo: patrick t. fallon/Agence France-Presse/Getty Images Sony Group Corp.’s SONY -7.17%...
Tencent to Work With Chinese Regulators to Limit Minors’ Online Game Time
Tencent Holdings Ltd. pledged to work with Chinese regulators and industry counterparts to manage how minors use online games and...
Tencent Sinks After China Denounces Online Gaming
Shares of Tencent Holdings Ltd. and rivals fell Tuesday after a state-owned Chinese newspaper criticized online gaming as “opium for...
WSJ News Exclusive | Chinese Regulators Suggested Didi Delay Its U.S. IPO
Weeks before Didi Global Inc. went public in the U.S., China’s cybersecurity watchdog suggested the Chinese ride-hailing giant delay its...
EA, Other Videogame Companies Target Mobile Gaming as Pandemic Wanes
Videogame companies are increasing their financial bets on mobile games as pandemic restrictions ease and people ditch their PC and...
Chinese Regulators Target Ride-Hailing Company Didi Just Days After IPO
Chinese regulators zeroed in on Didi Global Inc. on Friday, days after the ride-hailing company went public, by blocking its...
WSJ News Exclusive | Didi Global Prices IPO at $14 a Share
Chinese ride-hailing goliath Didi Global Inc. priced its IPO at $14 on Tuesday afternoon, according to people familiar with the...
China’s New Power Play: More Control of Tech Companies’ Troves of Data
Shortly after rising to power in late 2012, Xi Jinping made his first company visit in his new job as...
China’s Tech Clampdown Is Spreading
TAIPEI—The latest salvos in China’s campaign against its tech companies make one thing clear: Jack Ma’s businesses aren’t the only...
Naspers Has a $100 Billion Headache
JOHANNESBURG—Africa’s largest-listed company, Naspers Ltd. , is wrestling with an unusual problem: It made one unbelievably good investment that has...
TikTok Rival’s $5.4 Billion IPO Draws Big Investor Following
Chinese short-video app operator Kuaishou Technology will raise $5.4 billion from its Hong Kong listing, hitting its maximum fundraising target...
