Gaming

Chinese tech giant Tencent on Wednesday posted its first drop in quarterly revenue since going public, as the company grapples with China’s economic downturn, pandemic disruptions and ongoing scrutiny from regulators. Revenue in the second quarter fell three percent to CNY 134 billion (roughly Rs. 1,57,000 crore) compared to the year before, while profits plunged by
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Gaming software company AppLovin on Tuesday made an offer to buy peer Unity Software in a $17.54 billion (roughly Rs. 1,39,600 crore) all-stock deal, looking to tap into growing demand for three-dimensional gaming. Both companies make software used to design video games. Game-making software has also been expanding to new technologies such as the so-called metaverse, or immersive
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