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Vivendi Controls 50+ of Gameloft

MAY 31, 2016 • Vivendi SA now controls more than 50% of mobile game publisher Gameloft SE based on results announced by French regulator AMF that 28.2 million Gameloft shares were tendered to Vivendi’s €8 per share tender offer – equaling 61.7% of share capital and 55.6% of voting rights. Until these results, Vivendi held […]

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China Reins In Net Cafes

DEC. 9, 2015 • The Ministry of Culture in China is cracking down on internet cafes, known there as Wang Ba (网吧). Specifically, the regulator is going after those establishments that illegally serve customers under the age of 18. The initiative is set to continue through January and mainly is targeted at rural districts that […]

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Chicago Taxes the Cloud

JULY 2, 2015 • Like most major cities, Chicago has an amusement tax levied on concerts, movie exhibition and sporting events within city boundaries. In a first for the Unites States, according to The Chicago Tribune, the city Finance Department has ruled in favor of an extension of the 9% amusement tax and the personal […]

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Steam Expands Refund Policy

JUNE 4, 2015 • Valve Corp. has instituted a much wider refund policy behind its Steam digital distribution service. Starting this week consumers may request a refund for any reason during the first 14 days of use as long as the title has been played for less than two hours. Game DLC purchased separately is also […]

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JD’s Free Trade Play

APRIL 21, 2015 • Last week China’s JD.com, Inc. launched a new cross-border ecommerce platform called JD Worldwide. The premise is to provide Chinese consumers the opportunity to purchase Western brands at a much lower cost. Instead of a foreign company having to set up a wholly Chinese division or a partnership with a domestic […]

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China Xbox Ones Unlocked

APRIL 8, 2015 • This week a firmware update went out to China market Xbox Ones, after which consumers there reported their consoles were no longer region locked and screenshots of international versions of Xbox One games running on Chinese systems soon appeared. Microsoft Corp. and its local partner, BesTV, have not officially commented on the […]

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China PS4 Arrives

MARCH 24, 2015 • Following a two-month delay the 2,899 yuan ($467) PlayStation 4 and 1,299 yuan ($209) PS Vita officially went on sale in major Chinese cities. No sales figures have been released. The AFP news service reported that the Sony store in Shanghai had 50 people waiting in line to purchase one of […]

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Nintendo Departs Brazil

JAN. 13, 2015 • Citing high import duties, Nintendo of America announced it was withdrawing entirely from the Brazilian market for now. The gamemaker said it made the decision because its current distribution model was “unsustainable.” Nintendo’s partner in the country is Gaming do Brasil, which has been instructed to no longer distribute Nintendo consoles […]

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PS4 China Launch Delayed

JAN. 8, 2015 • Just like the Xbox One before it, the Chinese version of the PlayStation 4 will not be launching on its original launch date. Sony Computer Entertainment says it will not be able to release the console on January 11 as planned, and cannot say when the PS4 will launch in China. […]

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XBX1 Sells 100K in China

OCT. 6, 2014 • Including local preorders the Xbox One sold 100,000 units in the first 24 hours after it launched in China on September 29. The disclosure was made by Shanghai Oriental Pearl Co., Ltd. director Zhang Dazhong in an interview with the Xinmin Evening News. The console’s original September 23 release date was […]

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