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China is softening stance on gaming after $80 billion rout - Vimarsana News

China is softening stance on gaming after $80 billion rout

China allowed 105 domestic games on Monday, the latest sign that Beijing is easing its attitude following a $80 billion meltdown last week as a result of its effort to tighten industry controls.

Tencent Leads $57M Pex Funding Round - Vimarsana News

Tencent Leads $57M Pex Funding Round

Tencent Leads $57M Pex Funding Round [UPDATED] Digital rights technology provider Pex has announced a $57 million investment round that includes= Tencent, Tencent Music Entertainment, the CueBall Group, NextGen Ventures Partners, Amaranthine along witth existing investors. The new $57 million investment will help scale Pex’s Attribution Engine which creates a single marketplace for digital content. “Attribution is vital to the Internet; it can help protect copyright without stifling creation,” says  Pex founder and CEO Rasty Turek. “AE sets new standards in speed and scale and i...