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Wednesday, August 15, 2018

Regulatory limbo hits Tencent with first profit fall in nearly 13 years

Chinese technology giant Tencent Holdings Ltd has "no clarity" on when it may get approval to start charging for its most popular game, it said on Wednesday, after reporting its first quarterly profit fall in nearly 13 years on weak gaming revenue.


from Reuters: Technology News https://ift.tt/2OFAKwW

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