Tencent loses $20 billion in value after China fights myopia with gaming curbs
Tencent Holdings’ market value slumped by $20 billion on Friday after China intensified a crackdown on online gaming citing rising …read more Source: Reuters Tech News
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Japanese messaging app operator Line to launch cryptocurrency
Japan’s Line Corp said on Friday it will launch a cryptocurrency in September, as the company tries to build up …read more Source: Reuters Tech News
Lyft in talks to hire advisor for 2019 IPO: Bloomberg
U.S. ride services firm Lyft Inc is in talks with an advisor for a targeted March or April 2019 initial …read more Source: Reuters Tech News
China online video restrictions wipe $20 billion off Tencent’s market value
Plans to limit the number of new online video games in China wiped a further $20 billion off Tencent Holdings’ …read more Source: Reuters Tech News
California looks to adopt Obama-style net neutrality rules
California lawmakers moved on Thursday toward imposing the nation’s strictest net neutrality laws on internet providers, flying in the face …read more Source: Reuters Tech News
BlackRock voted to replace Tesla’s Musk with independent chairman
Funds run by BlackRock Inc voted in favor of a recent shareholder proposal that would have required Tesla Inc to …read more Source: Reuters Tech News
Trump vows to fight censorship of conservatives by social media firms
President Donald Trump told a campaign-style rally in Indiana on Thursday that his administration is standing up for free-speech rights, …read more Source: Reuters Tech News
Trump tweets are ‘messages from some alternative universe’: China Daily
Twitter comments by U.S. President Donald Trump accusing China of hacking former presidential candidate Hillary Clinton’s email server are an …read more Source: Reuters Tech News
BlackRock voted to replace Tesla’s Musk with independent board chair
Funds run by BlackRock Inc voted over Tesla Inc’s objections in favor of a shareholder proposal in June that would …read more Source: Reuters Tech News
As Tesla shares fall, Amazon takes over as most shorted U.S. stock
With Tesla Inc’s shares briefly dipping below the $300 level on Thursday, the electric carmaker ceded its seat as …read more Source: Reuters Tech News