Tencent bets on the growth of cloud computing abroad amid gaming slowdown

Tencent has faced a number of headwinds in 2022, including a Covid-induced slowdown in China’s economy and a tougher gaming market. Bobby Jip | Reuters tencent said it will launch new cloud computing products aimed at overseas markets as it looks for new avenues for growth amid a slowdown in its core online video game … Read more

Wefox CEO ‘disgusted’ by massive tech layoffs: ‘These are people’

Wefox CEO Julian Teicke. Wefox HELSINKI, Finland – The boss of European digital insurance startup Wefox delivered a scathing response to technology companies that have been laying off workers en masse. The will of meta, Amazon and Twitter laid off tens of thousands of employees in response to pressure from investors, who want them to … Read more

Sequoia’s Doug Leone says today’s downturn is worse than 2000 and 2008

Sequoia Capital Global Managing Partner Doug Leone speaks onstage during Day 2 of TechCrunch Disrupt SF 2018 at Moscone Center on September 6, 2018 in San Francisco, California. Steve Jennings | Getty Images HELSINKI, Finland — U.S. venture capitalist Doug Leone doesn’t think the tech wreck is going away any time soon. Sequoia Capital’s partner … Read more

British regulators want Apple to open its App Store to cloud gaming

Photo: Chris Delmas/AFP (Getty Images) Apple’s walled garden is a nice place to be if you want a hassle-free experience with technology. But the bushy greens and red roses don’t necessarily indicate you’re getting the most out of the device in your hand. The British Competition and Markets Authority (CMA), a government agency, has done … Read more

In Brazil, Twitter users fear the effect of Musk’s rule | Business and economics news

It was Easter and Lola Aronovich, a Brazilian literature professor, was enjoying a break on a beach with no internet access, completely unaware of the smear campaign being orchestrated against her on Twitter. That day in April 2015, the son of Geraldo Alckmin, the former governor of São Paulo and currently Vice President-elect of Brazil, … Read more

Best cloud gaming services, from Xbox Game Pass to GeForce Now

Screenshot: Florence Ion/Gizmodo Luna is best for people who don’t want to commit. I still occasionally play with Amazon Luna on the Fire TV Stick connected to the TV in my living room. The game I am currently playing is Hokko life; I was already tracking the price on Steam when I saw it was … Read more

Amazon begins cutting jobs in the Alexa unit and cloud gaming division

Andy Jassy, ​​CEO of Amazon.Com Inc., speaks at the GeekWire Summit in Seattle, Washington, USA, on Tuesday, October 5, 2021. David Rider | Bloomberg | Getty Images Amazon began laying off employees in its business and tech workforce on Tuesday as CEO Andy Jassy ramps up efforts to contain costs. The company has notified employees … Read more

Musk puts Twitter’s coveted blue checkmark as imposters run amok | Business and economics news

Twitter Inc paused its recently announced $8 blue tick subscription service on Friday as fake accounts exploded, and new owner Elon Musk returned the “official” badge to some users of the social media platform. The coveted blue check was previously reserved for verified accounts of politicians, well-known personalities, journalists and other public figures. But a … Read more

Could Mastodon Be a Twitter Alternative? | Business and economic news

With Twitter in disarray since the world’s richest person took over last week, Mastodon, a decentralized, open alternative from privacy-obsessed Germany, has seen a flood of new users. “The bird is free,” tweeted Tesla mogul Elon Musk as he completed his $44 billion acquisition of Twitter. But many free speech advocates reacted with dismay at … Read more

As Musk Takes Over Twitter, Users Are Testing Limits | Business and economic news

Confusion, anxiety, conspiracies, celebration. In the hours after Elon Musk took control of Twitter, reactions on the platform ranged from triumph to despair. While no immediate policy changes had been announced Friday afternoon, that didn’t stop users from cheering — or criticizing — what they expected to be a swift embrace of Musk’s promises to … Read more