giants

New draft regulations targeting in-game spending are costing China's tech giants billions

Florence Lo/Portal In this illustration image, a Tencent Games app logo is seen on a mobile phone. Portal/Florence Lo/Illustration Hong Kong CNN – Shares of several Chinese tech giants slumped in Hong Kong on Friday, shedding billions from their total value, after Beijing unveiled a series of new regulations to curb online spending in the … [Read more…]

This is what Google's defeat in the antitrust case means for the world of tech giants – Atlantico

Atlantico: A California jury ruled in favor of Epic Games, the publisher of Fortnite, which accused Google of abusing a dominant position in the market for the distribution of applications on Android. In particular, the jury found that Google acted anti-competitively by imposing the Google Play Billing payment service and charging a commission on the … [Read more…]