After the chinese government chose not to announce any additional measures today. Chinas chief economic planning official, zheng shanjie, told a Press Conference earlier hes fully confident the country can hit its 5 Growth Target for the year and had no further policies to reveal to boost chinas struggling economy. For more im joined by Alicia Garcia Herrero chief asia pacific economist at the bank natixis. Has that disappointed investors . Did they expect more . Yes they did because there was already a softening of the market overseas. Of course the chinese market was already closed. But already by friday you could see overseas markets waiting for more on the fiscal side. This Press Conference was announced in china and there was a big expectation that it would go beyond the 2 trillion. That they had an officially announced. The reality is they didnt even fully confirmed that and the markets remained a little bit surprised that they would call a Press Conference for such little infor
Epic Games, the maker of the popular video game Fortnite, is trying to convince the jury that a Google Play payment processing system that collects a 15% to 30% commission from in-app purchases is illegally hurting consumers and software developers. Google collects those commissions, according to Epic, by using its market muscle to thwart competing Android app stores - a strategy that drives up prices and discourages innovation.
Google attorney Glenn Pomerantz attempted to debunk the portrait of the company having a stranglehold on Android apps by outlining a wide gamut of competition from rival mobile and video game console stores, as well as Apple s store for apps that run on its iPhone software.
Donald Mustard, the Chief Creative Officer at Epic Games, is retiring and leaving the company this month after being an instrumental part of making the popular battle royale shooter Fortnite into what it is today.
Thompson s First, Zegna and Mr Porter Celebrate, Holt s Renaissance – WWD wwd.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wwd.com Daily Mail and Mail on Sunday newspapers.