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China’s crackdown on gaming: state newspaper calls for higher taxes but also highlights soft power gains
Since the gaming industry has grown so large, companies like Tencent should no longer benefit from tax incentives, the op-ed argues. However, the commentary shows support for the gaming industry, reflecting Beijing’s love-hate relationship.
BERLIN (Reuters) - Adidas will keep pushing new technology for running shoes despite controversy at the Olympics over new materials that could be giving some athletes unfair assistance to break world and national records, its chief executive said on Thursday.
The made-to-watch Tokyo Games, where pandemic precautions prevent permitting spectators, have become a digital affair more than ever. From social media to streaming, athletes and their events are reaching the public in record-smashing and trailblazing ways.
A commentary published by the Economic Daily once again puts the spotlight on the proliferation of ‘vulgar content’ online. While the article did not identify the providers responsible for such content, shares of Kuaishou and Bilibili were hammered in Hong Kong on Thursday.
China launches campaign against ‘fake news’ as Beijing seeks to purify online information, targeting social media
China’s censors go after fake news and unlicensed citizen journalists in latest move to cleanse cyberspace of information deemed fake or harmful. The joint campaign from 10 regulatory agencies is expected to hit social media platforms like WeChat and Douyin, popular with content creators.
US lawmakers are pushing for an alternative cryptocurrency taxation plan that would take a more targeted approach, leaving out those developing blockchain technology and wallets.
US lawmakers included into the infrastructure bill requirements for cars to have tech to detect drunk drivers and systems to prevent children from being left in hot cars.
Facebook has cut off some academic researchers for “scraping” data from the platform, sparking a fresh controversy about the leading social network’s transparency to outside experts studying misinformation and abusive content.
The US$29bil (RM122.43bil) takeover of Australia’s “buy now, pay later” app Afterpay by US firm Square has thrown a spotlight on a sector that is growing rapidly and grabbing the attention of regulators.
While much of Corporate America scrambled to adjust Covid-19 policies this summer in response to a surge of cases, Amazon.com Inc was dismantling its coronavirus testing sites.