Page 47 - Douyu News Today

Reuters The move by China’s antitrust regulator to launch an investigation into the alleged monopolistic practices of Alibaba Group Holding will be the first time authorities have cracked down on the so-called “picking one from two” practice, despite its years-long use in the e-commerce market. The tactic, in which online merchants are forced to choose only one platform as their exclusive distribution channel, is widespread in China, especially during the shopping festivals such as Nov 1...

Record set for hitting ping-pong balls with nunchaku By YANG ZEKUN | CHINA DAILY | Updated: 2020-12-24 06:58 Share CLOSE Xie Desheng, a 28-year-old martial artist, hits a ping-pong ball with a nunchaku during a Guinness World Record challenge broadcast live on Wednesday. Xie hit 35 balls served by an artificial intelligence ping-pong robot in a minute, breaking the old record of 32 balls a minute. ZHANG WEI/CHINA DAILY Chinese challenge...

On Monday, Google, Amazon, ByteDance, Discord, Facebook (including WhatsApp), Reddit, Snap, Twitter, and YouTube were ordered by the Federal Trade Commission (FTC) to share detailed documentation about their data collection and processing operations, including algorithms, advertising information, and “each User Attribute that the Company uses, tracks, estimates, or derives.” FTC commissioners Rohit Chopra, Rebecca Slaughter, and Christine Wilson insisted in a statement justifying the order ...

Cyberpunk 2077 Is Off to a Strong Start in China, Too, According to Niko Partners Dec 19, 2020 06:20 EST While Cyberpunk 2077 is currently the subject of a controversy regarding the games shockingly bad performance on old-generation hardware such as PlayStation 4 and Xbox One, which led to extended refund policies from platforms holders like Microsoft and Sony, its worth reminding that the game had garnered over eight million pre-orders ahead of launch, with just digital sales pushing the ...

MONEYWEB app instead? In continued bid to diversify from gaming and China. By Giles Turner, Bloomberg  18 Dec 2020  10:22  Image: Bloomberg A Tencent Holdings-led consortium has decided to exercise its option to acquire an additional 10% of Universal Music Group, in a deal that values the world’s biggest music company at 30 billion euros ($36.8 billion). The Chinese technology company last year led a group that purchased 10% of UMG from French media company Vivendi SA. That deal v...

A Tencent Holdings-led consortium will acquire an additional 10 per cent of Universal Music Group, in a deal that values the world’s biggest music company at 30 billion euros ($36.8 billion). The purchase will bring Tencent’s holding in the music group to 20 per cent following a deal last year for a stake at the same valuation. UMG’s connection to the Chinese internet giant will help boost its expansion in Asia, and Tencent will also take a minority holding in UMG’s Chinese subsidiary...

Tencent Group buys another 10% of Vivendi’s Universal Music Chinese internet company Tencent has acquired another 10% stake in Universal Music Group, whose artists include Ariana Grande. (Chris Pizzello / Invision/AP) Print A Tencent Holdings Ltd.-led consortium will acquire an additional 10% of Universal Music Group, in a deal that values the world’s biggest music company at nearly $37 billion. The purchase will bring Tencent’s holding in the music group to 20% following a deal l...

Breakingviews 3 Min Read Tencent Holdings Ltd Chairman and CEO Pony Ma attends a news conference announcing the companys annual results in Hong Kong, China March 21, 2018. REUTERS/Bobby Yip HONG KONG (Reuters Breakingviews) - China could be doing Tencent a small favour. The technology titan’s acquisitive ways have led to a dominant position in online books, music streaming and e-sports. That strategy looks increasingly unsustainable as the country’s trustbusters intensify their scrutiny. F...

Last month, Chinas State Administration for Market Regulation (SAMR) drafted new antitrust rules aimed at the countrys largest tech companies. It didnt call out any companies at the time, but it declared it would weed out "monopolistic practices" like price discrimination, the use of exclusive agreements to lock in merchants, and the compulsory collection of user data. At the time, many analysts speculated the new rules would affect Tencent (OTC:TCEHY) the most. Those predictions recently came...

Baidus (NASDAQ:BIDU) stock recently hit a two-year high after a series of positive developments. First, the companys third-quarter report in November suggested its core advertising business was stabilizing, which sparked several upgrades from analysts. Chinese regulators then drafted new antitrust rules that seemingly affected Tencent (OTC:TCEHY) more than Baidu. Baidu also boosted its existing buyback plan from $3 billion to $4.5 billion this month, and a recent Reuters report suggested it mi...