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China has taken another step to regulate how online influencers impart information to their followers. The government has put a great deal of effort into moderating digital content over the years. The rise of more real-time media formats, like livestreaming and snappy video sharing, has made it har…

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China further limits access to unauthorized foreign games

For years, China has left a loophole open for people to access unauthorized video games, but it’s ready to close it. Many foreign titles lack a Chinese publishing partner like Tencent to help them obtain the government-issued license needed to operate in the country, so players normally rely …

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Tencent to shut down its game streaming service

Tencent, the world’s largest video games company, said it will shutter its game streaming platform Penguin Esports by June due to “changes in business strategies.” Twitch-like Penguin Esports never achieved a substantial market share in China, but Tencent already owns the country&…

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Walmart is acquiring Memomi, an AR startup powering virtual try-on for eyewear

Walmart is expanding its array of virtual try-on services for shoppers with today’s news that it’s planning to acquire Memomi, an AR optical tech company and current Walmart partner offering virtual try-on experience for eyewear. Deal terms were not disclosed, but Memomi has enabled dig…

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Venture studio Adanian Labs fuels startup growth in Africa

The venture studio targets to help build 300 next-generation startups over the next five years.

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