China is banning children from playing online games for more than three hours a week, the harshest restriction so far on the game industry. Minors in China can only play games between 8 p.m. to 9 p.m. on Fridays, weekends, and on public holidays starting September 1, according to a …
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Chinese state media called online video games ‘spiritual opium’, sending stocks of Tencent, other gaming firms tumbling. Tencent Holdings Ltd shares were on track to fall by their most in 10 years on Tuesday after a Chinese state media outlet branded online video games “spiritual opium”, stoking concern that the …
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ByteDance Ltd. founder Zhang Yiming donated 500 million yuan ($77.3 million) of his personal wealth to an education fund in his hometown, joining other Chinese internet moguls in giving back to social causes as Beijing cracks down on big tech.
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US President Joe Biden on Wednesday withdrew a series of Trump-era executive orders that sought to ban new downloads of WeChat and TikTok and ordered a Commerce Department review of security concerns posed by those apps and others. The administration of former President Donald Trump had attempted to block new …
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