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Chinese IT Giant Tencent Launches Digital Yuan Smart Contract Services


The Chinese tech titan Tencent, the WeChat operator, will launch a digital yuan smart contract offering for small and medium-sized enterprises (SMEs). The move comes weeks after the firm announced it would join a central bank-led e-CNY and global CBDC interoperability pilot. Per the Securities...

Epic Games Cutting 870 Jobs, 16 Percent Of Its Workforce


Epic Games Inc., the company behind global megahit Fortnite, the Epic Games Store, and the wildly popular Unreal Engine, is laying off 16 percent of its current workforce. This report, first coming from Bloomberg’s Jason Schreier, sees almost 900 employees losing their jobs.Read more

Chinese Tech Giant Tencent Joins CBDC Interoperability Pilot


China’s Tencent, the operator of the WeChat and WeChat Pay platforms, will join central bank-led digital yuan and CBDC interoperability pilots. WeChatPay, along with its rival Alipay, has cornered some 15% of the Chinese payments market. But in recent years, Tencent has moved to align with...

Report: Embracer's $2 Billion Deal That Blew Up Was With Saudi Arabia


Embracer Group, the Swedish holding company that’s been buying up everything from Borderlands maker Gearbox Entertainment to the rights to The Lord of the Rings, saw its stock plummet earlier this year when a mystery $2 billion deal collapsed at the last minute. Axios now reports that the partner...

Elastos partners with Tencent Cloud & fosters Web3 innovation


Elastos recently announced a strategic partnership with Tencent Cloud. The official announcement was made on Elastos’ Twitter/X account. According to the string of tweets, the partnership will see Elastos and Tencent Cloud driving innovation across Web3. Moreover, the parties will collaborate...

Sony Won’t Share PS6 Info With Call Of Duty Devs If Owned By Microsoft


If the sale of Activision Blizzard to Microsoft for $69 billion goes through, it could have big consequences for the future of Call of Duty on PlayStation. At least that’s what Sony Interactive Entertainment CEO Jim Ryan keeps saying. In a new deposition for the current lawsuit by the Federal Trade...

Another Game Pass Day One Title Slips Into 2024


Soulslike fans, looking forward to getting their hands on Flintlock: The Siege of Dawn via Xbox Game Pass, will have to stare far further into the future. The next game from the developers of 2018's Ashen has now been delayed a full year from its previous “early 2023” release date, to an even...

League Strike Called Off After Riot, Player's Union Reach Agreement


Two weeks ago it looked like League of Legend’s North American season was going to be thrown into turmoil when the player’s union called for a strike over Riot’s plan to make cuts to the North American Challenger’s League, and Riot responded by suspending the entire LCS. After negotiations between...

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