China's Big Tech Piles Into Trademarking Terms Linked to the Metaverse
Nasdaq-listed gaming giant NetEase and ecommerce giant Alibaba have also jumped on the metaverse trademarking bandwagon.
Stay updated with breaking news from China Tech. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Nasdaq-listed gaming giant NetEase and ecommerce giant Alibaba have also jumped on the metaverse trademarking bandwagon.
This comes on the heels of news of a major company reshuffle, including TikTok CEO Shouzi Chew stepping down as ByteDance's CFO.
Support for the practice of requiring employees to work from 9am to 9pm, six days a week, comes from the top, and is exacerbated by poor regulation of labour practices. Regulators should take steps to balance the power dynamics between companies and employees.
Alibaba, which began its growth by connecting global buyers with China’s producers, had long staked its business in helping small producers, including farmers in faraway places, sell their products around the world.
Chinese tech giants are eyeing the metaverse space with new investments, joining peers like Facebook in Silicon Valley.