Business

End tax breaks for gaming firms, says Chinese state media

China should end tax breaks for gaming companies as they have grown into global firms, a state-backed newspaper said Thursday, in the latest threat to the multi-billion sector to drift out through state-controlled media.

Business

Tencent limits gaming for kids after official media critique

China's biggest gaming company, Tencent Holdings, said Tuesday it will limit gaming time for minors and ban children under age 12 from making in-game purchases after a state media article called games "spiritual opium."

Business

Spending in mobile apps surges to new high: survey

App revenue from mobile phone users around the world climbed to new heights in the first half of this year, nearly reaching $65 billion, market tracker Sensor Tower said Monday.

Business

Iraqis find escape, success on a virtual battleground

Bashar Abo Khalil's PUBG character dashes around a wall in a pink dress and samurai helmet, thwacking an enemy with a frying pan—standard fare in the mobile game that is a mega-sensation in Iraq.

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