Approval of new online games suspended by China: report

China has temporarily suspended approval of all new online games in an attempt to curb gambling addiction among young people, the South China Morning Post reported on Thursday, citing people with knowledge of the matter. The decision was revealed at a meeting between Chinese officials and industry giants Tencent and NetEase, the report said, adding … Read more

Shopee Becomes Brazil’s Most Downloaded Shopping App in 2 Years: Learn Its Game-Changing Approach

Sea’s Shopee took just two years to become the most downloaded shopping app in Brazil, winning users to its low-cost market with its revolutionary approach to e-commerce: in-app minigames that offer coupons to winning users. The Singapore-based company has combined online shopping with the gaming goal of its separate mobile gaming arm Garena – creator … Read more

China issues preliminary guidelines for Internet recommendation algorithms

China has published draft guidelines on regulating the algorithms used by Internet service providers to make recommendations to users, part of efforts to protect the privacy and security of users’ data, the Internet regulator said on Friday. fair. Service providers must respect business ethics and principles of fairness and must not create algorithmic models that … Read more

Tencent’s WeChat among 42 apps disapproved by China for illegal transfer of user data

China’s Ministry of Industry and Information Technology (MIIT) said on Wednesday that 43 applications, including Tencent’s WeChat, had illegally transferred user data and ordered their parent companies to make rectifications. The shift comes as Chinese authorities increase regulatory oversight across a range of industry sectors, with a particular emphasis on privacy and data. In a … Read more

Google, Amazon and Microsoft are considered too big to fail by banking regulators; cause concern

More than a decade after the financial crisis, regulators are once again appalled that some companies at the heart of the financial system are too big to fail. But they are not banks. This time around, it’s tech giants, including Google, Amazon and Microsoft, who host a growing mass of banking, insurance and marketing on … Read more