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China Sacks Top Official After Game Rules Backlash, Reuters Says

China Sacks Top Official After Game Rules Backlash, Reuters Says
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China is softening stance on gaming after $80 billion rout

China allowed 105 domestic games on Monday, the latest sign that Beijing is easing its attitude following a $80 billion meltdown last week as a result of its effort to tighten industry controls. ....

Hong Kong , Yang Wenfeng , Jack Ant Group Co , Netease Inc , Alibaba Group Holding Ltd , Publication Administration , Tencent Holdings Ltd , Tencent Holdings , National Press , Tencent Leads , China Rekindles Crackdown , Jack Ma Backed Ant Group , Alibaba Group Holding , Paper Games ,

Tencent Leads $57M Pex Funding Round


Tencent Leads $57M Pex Funding Round
[UPDATED] Digital rights technology provider Pex has announced a $57 million investment round that includes= Tencent, Tencent Music Entertainment, the CueBall Group, NextGen Ventures Partners, Amaranthine along witth existing investors.
The new $57 million investment will help scale Pex’s Attribution Engine which creates a single marketplace for digital content.
“Attribution is vital to the Internet; it can help protect copyright without stifling creation,” says 
Pex founder and CEO Rasty Turek. “AE sets new standards in speed and scale and is the first platform capable of meeting today’s content growth and demands. It replaces unreliable upload filters and takedown requests with real-time use authorization and licensing, benefiting creators while recognizing and compensating those whose works are sampled and shared.” ....

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