In a statement Japanese conglomerate Sony Group Corp said, it is well-positioned to play a leading role in the metaverse. The metaverse is a term that encapsulates the idea that consumers will spend more time in online simulated environments. While the… Read More ›
On Thursday, in a statement Sony Corp and AT&T Inc’s animation business Crunchyroll stated, the former will purchase the latter for $1.175 billion. The development sees Sony aiming to boost its entertainment content and distribution businesses. The deal will provide… Read More ›
iQiyi, China’s equivalent to Netflix, will be listed on the Nasdaq on Thursday under the symbol IQ. Unlike its U.S. peer, the video streaming platform has a low subscriber base and generates additional revenues from syndication, online marketing and gaming…. Read More ›
China’s online and brick-and-mortar retailers world are being forced to take sides as both giants battle it out for dominance over China’s $13 trillion mobile payment market. Chinese tech giants, Tencent Holdings Ltd and Alibaba Group Holding Ltd are forcing… Read More ›
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