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China’s new gaming rules for minors a ‘dark cloud’ for big tech



China has announced strict new rules – cutting the amount of time that minors will be allowed to spend playing online games

China is limiting teenagers to just three hours of online gaming a week, in a move aimed at tackling gaming addiction among youths.

Minors will only be allowed to play online games between 8 and 9 pm on Friday, Saturday and Sunday, as well as on public holidays.

Gaming platforms will now be required to have real name verification systems in place

The announcement was made by the National Press and Publication Administration, as part of a push to prevent video game addiction – amid concerns over the damage it is doing to the health of children.

China’s Tencent recently tightened controls for children after a state-owned media publication labelling online gaming as “opium for the mind”

The strict new rules are part of a widening tech crackdown by Beijing, which tech analyst Dan Ives says has cast a black cloud over the tech sector

–FILE–Young Chinese netizens play online games at an Internet cafe in Fuyang city, east China’s Anhui province, 22 July 2018. The number of China’s online users hit 802 million at the end of June, up 3.8 percent from six months ago, according to a report on China’s Internet development released on Monday (20 August 2018). A total of 788 million Chinese used mobile phones to surf the Internet, making up 98.3 percent of the online population, said the 42nd statistical report from the China Internet Network Information Center. At the same time, China’s Internet availability rate reached 57.7 percent, with 26.3 percent of the total Internet population living in rural areas.No Use China. No Use France.

Chinese children had been banned from playing video games after 10pm – and for no longer than 90 minutes on weekdays.

Now they will only be permitted to play for 3 hours per week.

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Adidas faces potential $320M Yeezy shoe write-off post-Kanye split



Adidas is contemplating a significant financial blow as it considers writing off $320 million worth of Yeezy shoes following its separation from music and fashion icon Kanye West.

The sportswear giant’s decision to sever ties with West’s Yeezy brand has left a mountain of unsold merchandise, threatening to dent the company’s balance sheet.

The partnership between Adidas and Kanye West, which began in 2013, had been immensely successful, with Yeezy shoes becoming a highly sought-after fashion statement.

However, recent controversies and disagreements between West and Adidas prompted the sportswear company to distance itself from the celebrity designer.

The massive inventory of Yeezy shoes now presents a dilemma for Adidas, as it grapples with finding a solution to deal with the surplus stock. A $320 million write-off could significantly impact the company’s financial performance in the short term.

Adidas is currently exploring various options, including discounting, donating, or repurposing the unsold inventory to mitigate the financial hit.

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Warner Bros discovery warns of Hollywood’s ‘real risk’ post-strikes’



Warner Bros Discovery, has issued a stark warning regarding the ‘real risk’ that Hollywood faces in the aftermath of the recent strikes that have taken a considerable toll on the industry’s financial health.

The strikes, which disrupted film and television production for several weeks, resulted in substantial financial losses for studios, production companies, and countless industry professionals.

Warner Bros Discovery emphasised the necessity for a resilient and adaptable approach to navigate the ongoing challenges and uncertainties facing the film and television sector.

The conglomerate stressed the importance of implementing measures to mitigate such risks in the future, which include fostering better labour relations and contingency planning to safeguard against potential disruptions.

The message underlined the need for the industry to adapt to the evolving landscape of content creation and distribution, particularly in the digital era.

This warning from Warner Bros Discovery highlights the need for the entertainment industry to recognise the ever-changing dynamics and economic challenges, and the importance of preparedness to maintain its prominent position in the global market.

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MrBeast’s monumental 100 African wells sparks controversy



Philanthropic YouTuber MrBeast, known for his outlandish and extravagant charity stunts, recently financed the construction of 100 wells in Africa, providing clean drinking water to thousands of people.


While the philanthropic gesture is commendable on the surface, it has ignited a wave of controversy and criticism from various quarters.

Critics argue that MrBeast’s approach, although well-intentioned, might not be the most sustainable solution to Africa’s water crisis.

They question the long-term viability of these wells, raising concerns about maintenance and local ownership. Some have even labelled it as a publicity stunt, arguing that it merely scratches the surface of a much deeper issue.

On the other hand, MrBeast’s supporters laud his efforts in raising awareness and mobilising his enormous following to contribute to a worthy cause. They argue that any effort to alleviate the water crisis is a step in the right direction.

In the end, whether MrBeast’s 100 wells in Africa are a game-changing philanthropic success or a mere spectacle remains a subject of intense social debate.


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