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Tencent Holdings Ltd is negotiating agreements with a US national security panel that would allow it to keep its ownership stakes in US video game developers Riot Games and Epic Games, according to people familiar with the matter.
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Tuesday (May 4)
The Asian American Foundation said it will invest its initial funding in anti-hate programmes, education, and data and researchThe effort bolsters the emergence of Asian-Americans as a political and cultural force in the wake of a spate of attacks over the last year
SCI Ecommerce, the online shopping provider backed by two of Alibaba’s earliest employees, has raised more than S$50 million ($38 million) to expand in Sout-East Asia ahead of a potential Nasdaq listing.
China said thirty-three applications, including map navigation software provided by Baidu Inc and Tencent Holdings Ltd, violated regulations, with most collecting personal information that weren’t relevant to their services.
Sony’s PlayStation 5 is available for pre-order and launches in mainland China on May 15, six months after its global release. The launch follows Chinese authorities’ crackdown on smuggled video games and consoles to comply with the government’s strict content regulations.
Sony’s PlayStation 5 officially launches in China, but consumers fear supplies running out, games may face censorship
The PlayStation 5 is available for pre-order and launches in mainland China on May 15, six months after its global releaseThe launch follows Chinese authorities’ crackdown on smuggled video games and consoles to comply with the government’s strict content regulations
Chinese regulators imposed wide-ranging restrictions on the fast-growing financial divisions of 13 companies including Tencent Holdings Ltd and ByteDance Ltd, levelling many of the same curbs employed against Jack Ma’s Ant Group Co in a crackdown on the tech sector.
The People’s Republic is preparing to reinforce regulation of today’s Internet giants, which are particularly hungry for large quantities of data. The initiative may also provide Beijing with an opportunity to tighten its grip on Internet-related industries.
SINGAPORE (Reuters) - Singapore's Grab more than doubled its valuation to $40 billion in about a year as part of the world's largest SPAC deal, but maintaining that level after its U.S. debut will be a test not only for investors but also for firms eyeing similar listings.