Pikachu Posted August 31, 2018 Share Posted August 31, 2018 https://www.reuters.com/article/us-china-gaming/tencent-loses-20-billion-in-value-after-china-fights-myopia-with-gaming-curbs-idUSKCN1LF25B?feedType=RSS&feedName=technologyNews Quote Tencent Holdings’ (0700.HK) market value slumped by around $20 billion on Friday after China intensified a crackdown on online gaming citing rising levels of myopia, heightening regulatory risks for companies in the world’s biggest gaming market. China’s Ministry of Education, in a notice late on Thursday, directed the publishing regulator to limit the number of new online video games, take steps to restrict the time young people spend playing games and explore an age-appropriate system for players. Beijing’s directive was included in a document published on the website of the ministry outlining how China should respond to worsening rates of myopia, or near-sightedness, among young people, and blamed the spread of mobile phones and other electronic devices partly for it. The curbs are the latest challenge for Tencent, China’s largest gaming and social media firm, which earlier this month blamed a freeze on new game approvals for the technology giant’s first quarterly profit fall in nearly 13 years. Quote Link to comment Share on other sites More sharing options...
XxEvil AshxX Posted September 3, 2018 Share Posted September 3, 2018 Their poor eyesight couldn't be blamed on, oh.. recycling the same genetics for centuries? Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted September 3, 2018 Share Posted September 3, 2018 53 minutes ago, XxEvil AshxX said: Their poor eyesight couldn't be blamed on, oh.. recycling the same genetics for centuries? What? Quote Link to comment Share on other sites More sharing options...
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