Business

Pokemon Go firm Niantic slashes staff

The maker of mobile game Pokemon Go has said it will slash 230 jobs, almost one-third of its staff, in another blow to the tech industry.

Tencent-backed tech giant's hit game 'banned in India'

Tech giant Sea, which is backed by China's Tencent, has apologised to users in India after its popular Free Fire game was reportedly among dozens of apps hit with a ban on national security concerns.

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."

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