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Tencent forms ‘extended reality’ unit as metaverse race gathers steam – sources

Tencent forms 'extended reality' unit as metaverse race gathers steam - sources

A logo of Tencent is seen at its booth at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2020. REUTERS/Tingshu Wang Register now for FREE unlimited access to Reuters.com Register HONG KONG, June 20 (Reuters) – China’s Tencent Holdings (0700.HK) announced to its staff on Monday the official …

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At avatar fashion store, Meta to sell virtual clothes for real money

At avatar fashion store, Meta to sell virtual clothes for real money

A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register June 17 (Reuters) – Facebook owner Meta Platforms (META.O) is launching …

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Microsoft seeks to dodge EU cloud computing probe with changes

Microsoft seeks to dodge EU cloud computing probe with changes

BRUSSELS, May 18 (Reuters) – Microsoft (MSFT.O) will revise its licensing deals and make it easier for cloud service providers to compete, its president Brad Smith said on Wednesday, as the US software giant sought to dodge a lengthy EU antitrust probe into its cloud computing business. Microsoft was fined 1.6 billion euros ($1.7 billion) …

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UK plans to probe Apple, Google’s mobile browser dominance

UK plans to probe Apple, Google's mobile browser dominance

LONDON, June 10 (Reuters) – Britain’s competition watchdog said it was planning to investigate the market dominance of Apple Inc (AAPL.O) and Google’s mobile browsers, as well as the iPhone maker’s restrictions on cloud gaming through its app store. The Competition and Markets Authority (CMA) said on Friday it was also taking enforcement action against …

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JPM says Meta will become Broadcom’s next billion-dollar customer

JPM says Meta will become Broadcom's next billion-dollar customer

A smartphone with Facebook’s logo is seen in front of displayed Facebook’s new rebrand logo Meta in this illustration taken October 28, 2021. REUTERS/Dado Ruvic/Illustration//File Photo Register now for FREE unlimited access to Reuters.com Register May 31 (Reuters) – Facebook parent Meta Platforms Inc (FB.O) will use Broadcom Inc’s (AVGO.O) custom chips to build its …

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