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Ubisoft Stock Hit 10-Year Low, But Was It Really Due To Star Wars Outlaws Mixed Reception 😒?
The report would have made sense if Ubisoft’s negative trade was an isolated incident. However, the report has clickbait written all over it.
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Visions Of Mana Developer Ouka Studios Is Shutting Down. See Why
Ouka Studios, the developer behind Visions of Mana is facing closure as NetEase and Tencent scale back their investment in Japan
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Chinese Regulators Scamper To Control The Damage Caused By The December 22 Draft Regulations
Last week Chinese regulators published a new draft law that aims to curb in-game spending. The announcement published by the National Press and Publication Administration had a ripple effect…
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Tencent And NetEase Lost Nearly $80 Billion To China’s New In-Game Spending Regulation
Just when China’s gaming market was bouncing back from a government crackdown, regulators have announced new rules that aims to limit in-game spending and rewards that encourage the same.
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TikTok Parent Company ByteDance Expected To Cut Hundreds Of Jobs In Gaming Division
TikTok parent company, ByteDance, has invested billions of dollars in its gaming division called Nuverse since its launch in 2019. The investment was considered a strategic move to challenge domestic market leaders like NetEase and Tencent.
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Foreign Video Game Approvals In China Surpass Last Year’s Record With 31 New Endorsements
In late August, Chinese regulators approved 31 foreign video game titles for the local market. This is pleasant news for gamers in the Asian country that had to deal with a brutal crackdown by the government on the industry.
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China’s Video Game Player Count Hit Record High As Market Reel In $20 Billion
The video game player population in China touched a new high in June 2023. According to a Reuters report, China’s video game player population rose to 668 million.
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Video Game Illustrators Are Losing Jobs To AI In China
The breakthrough in AI technology has been phenomenal, but it has also come with its own curse. Backed by AI, one person can now do the job that was previously done by 5 people. Consequently, the jobs of video game illustrators are being run over by AI in China. It Read more…
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China World Of Warcraft Gamers Distraught After Blizzard Pulls Plug
After over two decades of entertaining Chinese players, Blizzard Entertainment shut their servers at midnight local time on Tuesday 24 January 2022. Following what is now called the end of an era, millions of gamers in China have lost access to the widely popular “World of Warcraft” franchise and other Read more…