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Write-up:
This week we talk about China's big tech to give NFTs a new name in a tech rebranding to attempt to revitalize the industry in the gov's eyes, which is needed because companies like Alibaba are suffering small but telling 'burns' from the government. China's livestreaming could use some rethinking as they're hit with more content restrictions and Tencent closes their "WeGame" mobile app showing a failure to consolidate their gaming empire in China.
1) China tech is rebranding NFTs
2) Alibaba gets a 'sick burn' from Hangzhou metro
3) China's livestreaming is now 'wholesome-content only'
4) Tencent closes "WeGame", a Steam-like mobile game portal
BONUS Article: Inside Didi's 60 billion dollar crash by Bloomberg
Write-up:
This week we talk about China's big tech to give NFTs a new name in a tech rebranding to attempt to revitalize the industry in the gov's eyes, which is needed because companies like Alibaba are suffering small but telling 'burns' from the government. China's livestreaming could use some rethinking as they're hit with more content restrictions and Tencent closes their "WeGame" mobile app showing a failure to consolidate their gaming empire in China.
1) China tech is rebranding NFTs
2) Alibaba gets a 'sick burn' from Hangzhou metro
3) China's livestreaming is now 'wholesome-content only'
4) Tencent closes "WeGame", a Steam-like mobile game portal
BONUS Article: Inside Didi's 60 billion dollar crash by Bloomberg