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Tencent doubles down on game studio Pocket Gems with $90M investment

 Chinese internet Tencent has continued its recent investment spree after it backed U.S.-based game studio Pocket Gems to the tune of $90 million. Tencent invested in Pocket Gems back in 2015, when it put in a reported $60 million for a 20 percent stake. This time around the Wall Street Journal reported the investment as $90 […]

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Europe’s top court leaning towards dealing Uber a big regulatory blow

 Europe’s top court appears to be leaning towards calling a spade a spade by judging Uber’s business a transportation company, rather than just an enabling tech platform as the company prefers to think of itself, i.e. as a way to work around the (stricter) regulations that can be applied to traditional taxi firms. Read More […]