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Stories · 13,059
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Amazon's Checkout-Free Stores Are Coming to Three More Cities (reuters.com)
Reuters reports: Amazon said on Friday it plans to open its checkout-free 'Amazon Go' grocery store in New York, expanding beyond Seattle where it is headquartered. The Amazon Go store, which has no cashiers and allows shoppers to buy things with the help of a smartphone app, is widely seen as a concept that can alter brick-and-mortar retail... Customers have to scan a smartphone app to enter the store. Once inside, cameras and sensors track what they pick up from the shelves and what they put back. Amazon then bills shoppers' credit cards on file after they leave.
CNET adds: The expansion comes after two Amazon Go stores opened in Seattle. The first one debuted in January 2018 and the second opened last month... Amazon confirmed in May that it'll open Amazon Go stores in San Francisco and Chicago, but it didn't say when. -
Windows 7 Will Get Updates for Four More Years -- If You Pay (zdnet.com)
An anonymous reader quotes ZDNet: With the Windows 7 end-of-support clock slowly winding down to January 14, 2020, Microsoft is announcing it will offer, for a fee, continuing security updates for the product through January 2023. This isn't the first time Microsoft has done this for a version of Windows, but it may be the first time it has been so public about its plans to do so.
The paid Windows 7 Extended Security Updates (ESUs) will be sold on a per-device basis, with the price increasing each year. These ESUs will be available to any Windows 7 Professional and Windows 7 Enterprise users with volume-licensing agreements, and those with Windows Software Assurance and/or Windows 10 Enterprise or Education subscriptions will get a discount. Office 365 ProPlus will continue to work on devices with Windows 7 Extended Security Updates through January 2023. -
Why Google Fiber Is High-Speed Internet's Most Successful Failure
Blair Levin and Larry Downes report via Harvard Business Review: In 2010, Google rocked the $60 billion broadband industry by announcing plans to deploy fiber-based home internet service, offering connections up to a gigabit per second -- 100 times faster than average speeds at the time. Google Fiber, as the effort was named, entered the access market intending to prove the business case for ultra-high-speed internet. After deploying to six metro areas in six years, however, company management announced in late 2016 that it was "pausing" future deployments. In the Big Bang Disruption model, where innovations take off suddenly when markets are ready for them, Google Fiber could be seen as a failed early market experiment in gigabit internet access. But what if the company's goal was never to unleash the disrupter itself so much as to encourage incumbent broadband providers to do so, helping Google's expansion in adjacent markets such as video and emerging markets including smart homes?
Seen through that lens, Google Fiber succeeded wildly. It stimulated the incumbents to accelerate their own infrastructure investments by several years. New applications and new industries emerged, including virtual reality and the Internet of Things, proving the viability of an "if you build it, they will come" strategy for gigabit services. And in the process, local governments were mobilized to rethink restrictive and inefficient approaches to overseeing network installations. The story of Google Fiber provides valuable lessons for future network transformations, notably the on-going global race to deploy next-generation 5G mobile networks. It seems, then, a good time to review the story of how the effort came into being, what it achieved, and what it teaches investors, consumers, and community leaders eager to ensure continued private spending on internet infrastructure. -
Tesla Stock Plunges After Senior Execs Leave, Musk Smokes Weed During Interview (arstechnica.com)
Today, we have learned that two executives have left Tesla. According to a filing with the Securities and Exchange Commission, Tesla's newly hired chief accounting officer Dave Morton decided to resign because "the level of public attention placed on the company as well as the pace within the company have exceeded [his] expectations." He added: "I want to be clear that I believe strongly in Tesla, its mission, and its future prospects, and I have no disagreements with Tesla's leadership or financial reporting." Tesla's human resources chief Gaby Toledano also announced that should would be leaving the company after taking a leave of absence last month. CEO Elon Musk wrote that Toledo "has been on leave for a few months to spend more time with her family and has decided to continue doing so for personal reasons. She's been amazing and I'm very grateful for everything she's done for Tesla."
These departures certainly have had an impact on Tesla's stock, which is down more than six percent to $262, but an interview Elon Musk conducted with Joe Rogan may have caused the most damage. While discussing a wide range of topics including his tweeting behavior, his Boring Company's flamethrowers, and "neuralink" devices, the Tesla CEO openly smoked a mixed tobacco and marijuana cigarette, sending the internet into a frenzy. Ars Technica reports: Morton joined Tesla on August 6, one day before Musk's infamous tweet claiming that he had "funding secured" to take Tesla private. Musk was forced to abandon the plan a couple of weeks later. Not only did Musk not have any kind of written funding deal, many Tesla investors saw little upside in approving a deal that would reduce Tesla's transparency and the liquidity of Tesla stock. Morton didn't explicitly mention last month's buyout saga in his statement explaining his departure. But a lot of the "public attention" Tesla received during Morton's brief tenure was focused on the possibility of Tesla going private. It's safe to assume that members of Tesla's finance team were working overtime on issues related to the proposal during Morton's month at Tesla. It's worth noting that marijuana is legal in California (and several other states) if you are 21 or older, but the federal government still strictly prohibits the Schedule 1 substance.
UPDATE: You can watch/listen to the nearly three-hour-long interview here. Rogan manages to pick Musk's brain in great detail and in a refreshingly laid-back manner. We highly recommend a listen if you want to learn more about Musk's ambitions and thought process. -
AT&T Offers Unlimited Plan Deal For First Responders, But It Can Be Throttled (theverge.com)
AT&T is offering a new promotion for first responders and their families. Firefighters, paramedics, and police officers can opt for 25 percent off either of the unlimited plans AT&T announced back in June. But in the fine print, as The Verge points out, "AT&T admits it may throttle data speeds 'when the network is congested.'" The promotion comes soon after Verizon came under scrutiny for throttling firefighters' data as they fought wildfires in California. From the report: AT&T says that first responders looking for completely unlimited internet without data speed caps can use FirstNet, the network it recently began operating specifically for first responders. AT&T was contracted by the U.S. government to built out FirstNet, which offers features that specifically cater to first responders. The company says that it's actively promoting FirstNet, but at the same time, its promotion page doesn't make a mention of the superior plan at all. In an email, AT&T clarified that the promotional plans subject to throttling are for first responders' personal use and family plans. "We're offering first responders and their family members a discount on the consumer plans available today for their personal use," a spokesperson said. "These lines and devices are separate than the FirstNet lines purchased and issued by the first responder agencies, which do not have a data limit."
The deal allows first responders to choose between the AT&T Unlimited & More plan or the Unlimited & More Premium plan, which has more entertainment add-ons to choose from, including HBO, Showtime, and Amazon Music. With the ongoing promotion, a single line alone on Unlimited & More will cost $52.50 a month, while four lines on a plan would cost $30 a month per person. Unlimited & More Premium costs $60 a month for a single line, and $35.62 a month per person for four lines. -
In UK, Consumers Are Now More Aware That They Can Ditch Their Phone Bundles, And Are Increasingly Doing So (theregister.co.uk)
An anonymous reader shares a report: Consumers are now more aware that they can buy the phone and the network access separately, and are increasingly doing so. "Many were totally unaware of the true value of the plan, and this marks a real change," CCS Insight analyst Kester Mann told us. CCS Insight calls the unbundling "cracking the code." Only 36 per cent of UK SIM-only customers expect to take a traditional bundle-plus-phone deal when their current plan ends, CCS found. Mann noted that this figure is considerably higher than the number of SIM-only customers today, who will upgrade to another SIM-only deal -- indicating strong growth for the SIM-only bit of the market. One in 12 phones in use is a second-hand phone.
And there are a variety of fascinating knock-on effects. For example, almost 10 per cent of UK punters now buy direct through Amazon. Operators, who have traditionally acted as credit companies, will have to make their bundles more flexible and attractive. High-margin manufacturers may have to make more use of the refurbished channel, or make older models available for longer. In fact, all OEMs have to look at refurb and online. Mann told us all of these trends are happening already. -
Berlin Anti-Gentrification Activists Say They Have Occupied Google's Office in Kreuzberg To Fight Against the Skyrocketing Rents (noblogs.org)
Multiple Slashdot readers have submitted a blog post by a group of Berlin-based "anti-gentrification activists": Today we occupied the Umspannwerk in Kreuzberg to prevent the planned Google Campus there, to fight against the skyrocketing rents and to open up the space for something better. The Google Campus is intended to be a magnet for annoying young entrepreneurs whose IT-sweatshops ("start-ups") promise to deliver new ideas to Google's company business. New tech companies are driving the rents up in the area higher and higher. The endpoint of this process can be seen in San Francisco, which once must have been a halfway livable city.
While it is especially aggravating that Google, despite its aggressive collection of data, is morphing into Big Brother with a user-friendly face, this is not the decisive factor for us. We would also put a spoke in the wheel of any other company. What happens now in the Umspannwerk instead depends on everyone who fills the house with life. It could become a base for the many initiatives that are currently struggling against rising rents and displacement -- a campus of subversion. But it can also be used as a covered grill area for the cold months, or something more. We call on all rebellious tenants, subversive and precarious cultural workers, work-shy benefit scroungers, strike-hungry air traffic controllers, long-living pensioners, unruly refugees, and all other local pests from the neighborhood (and beyond) to join us in the occupation as quickly as possible. A neighborhood assembly will take place at 6 p.m. to discuss the occupation and how to proceed. Local media has covered the development. [Editor's note: the stories are not in English.] Some context on the local tussle: 'Google go home': the Berlin neighbourhood fighting off a tech giant [May 2018, The Guardian]. -
Valve Explains How It Decides Who's a 'Straight Up Troll' Publishing Video Games On Steam (vice.com)
An anonymous reader quotes a report from Motherboard: Wednesday, Valve, the company that operates the huge online video game store Steam, shared more details about how it plans to control and moderate the ever-increasing number of games published on its platform. In the post published Wednesday, Valve shared more details about how it determines what it considers "outright trolling." "It is vague and we'll tell you why," Valve wrote. "You're a denizen of the internet so you know that trolls come in all forms. On Steam, some are simply trying to rile people up with something we call 'a game shaped object' (ie: a crudely made piece of software that technically and just barely passes our bar as a functioning video game but isn't what 99.9% of folks would say is "good.")
Valve goes on to explain that some trolls are trying to scam folks out of their Steam inventory items (digital items that can be traded for real money), while others are trying to generate a small amount of money through a variety of schemes that have to do with how developers use keys to unlock Steam games, while others are trying to "incite and sow discord." "Trolls are figuring out new ways to be loathsome as we write this," Valve said. "But the thing these folks have in common is that they aren't actually interested in good faith efforts to make and sell games to you or anyone. When a developer's motives aren't that, they're probably a troll." One interesting observation Valve shares in the blog post is that it rarely bans individual games from Steam, and more often bans developers and/or publishers entirely. [...] Valve said that its review process for determining that something may be a "troll game" is a "deep assessment" that involves investigating who the developer is, what they've done in the past, their behavior on Steam as a developer, as a customer, their banking information, developers they associate with, and more. -
DOJ To Announce Charges Against North Koreans For Sony Hack, Wannacry Attack (go.com)
The Justice Department is planning to announce charges Thursday against North Korean nationals who U.S. authorities have accused of being behind the massive hack of Sony in 2014 and the Wannacry ransomware attack lack year. From a report: Earlier on Thursday, President Donald Trump praised North Korean ruler Kim Jong Un on Twitter. "Kim Jong Un of North Korea proclaims 'unwavering faith in President Trump.' Thank you to Chairman Kim. We will get it done together!" Trump tweeted. The Washington Post adds: Pak Jin Hyok, who conducted hacking on behalf of North Korea's Reconnaissance General Bureau, the military intelligence agency that controls most of the country's cyber capabilities, is charged in the attack on Sony, according to U.S. officials. He is linked to the notorious Lazarus Group, which has also been implicated in the audacious attempt to use cyber techniques to steal $1 billion from the Bangladesh Bank in 2016, and to the WannaCry computer virus that affected more than 230,000 computers in 150 countries last year.
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EU To Move Ahead With Cultural Quotas For Streaming Services (techcrunch.com)
An anonymous reader quotes a report from TechCrunch: The European Union is set to move ahead with a plan to enforce pan-European quotas on streaming services like Amazon Prime Video and Netflix to support production of locally produced film and video content. Roberto Viola, the European Commission's directorate general of communication, networks, content and technology told Variety that the new rules are on track to be approved in December. The proposals will require that streaming services give over at least 30% of their on-demand catalogues to original productions made in each EU country where a service is provided (individual EU Member States could choose to set the content bar even higher, at 40%).
Streaming services will also have to ensure visibility and prominence for local content -- so no burying the 'European third' in a dingy corner of the site where no one will find it, let alone stream it. The EU lawmakers' intention is to stand up for cultural diversity against the might of Hollywood and the flattening power of platforms -- in the latter case by making platforms invest in local content production rather than just doing the easy thing of fencing yet more Marvel superhero movies. -
Ask Slashdot: Should We Hang Up on Conference Calls? (ft.com)
Make everyone stand. Work to an agenda. Don't let people go on endlessly. There are plenty of suggestions on how to run meetings so they are not a waste of time. People pay less attention to a bigger waste of time: the multi-participant conference call, argues a story on Financial Times. The story -- shared by an anonymous reader and which may be paywalled -- makes a case against the need for conference calls: You know the drill. An invitation arrives in your inbox with a date and time, a list of participants, numbers for dialling in from different countries and a sign-in code (followed by the pound or hash sign). I have had dozens of these invitations to conference calls, particularly those to discuss forthcoming panels and events. None of the calls has contributed much to the eventual event. I know this because my role is often to chair the eventual event. This is the first difference between a conference call and a face-to-face meeting: it is clear who is chairing the meeting, whereas it is seldom clear who is chairing the call. On conference calls, there is usually someone listed as the organiser, with their own sign-in code (followed by the pound or hash sign), but they are often not the most senior person on the call. The organiser, I can say from experience, is seldom the person who is going to be chairing the planned event. Usually, they are the person who organised the call. That may be a senior person; it may be their personal assistant.
The call organiser may take the leading role in the call. It is hard to tell because -- unless you have met several times before -- it is difficult to know who is speaking at any time. Unlike in a face-to-face meeting, you cannot see people's faces. As participants "arrive" in the conference call, they usually say, "Hi, this is Diane", or are announced by a recorded voice like entrants to a 19th-century ball -- "Simon Oates has joined the call" -- but after that you have to listen keenly for any voice marker (an accent, a shouty tone) that will help you identify who is talking. That is if you can remember who is on the call in the first place. What do you think? -
TiVo Says It Will Discontinue Support For Dial-up Service Later This Month (betanews.com)
BrianFagioli writes: Surprisingly, TiVo still offered dial-up access to some of its users, allowing them to download program guide information. Sadly, this week, the company started alerting those users that it will be discontinuing dial-up connectivity later this month -- the end of an era. TiVo sent the following email message Tuesday evening. "TiVo will be discontinuing our dial-up service on September 30, 2018. According to our records you may still have one or more TiVo devices connecting to the TiVo Service via dial-up. Your TiVo box will still be able to receive program guide data from the TiVo service via dial-up modem until September 30, 2018. Following September 30, 2018, your current subscription plan will remain active even if you are not using the TiVo Service. If you would like to continue using the TiVo Service, we have outlined several options for you below." Comically, the company suggests two alternatives -- use Ethernet or buy a Wi-Fi adapter. Look, while those are technically accurate options, if someone is still using dial-up connectivity with their TiVo in 2018, they probably don't have broadband access.
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European Science Funders Ban Grantees From Publishing In Paywalled Journals (sciencemag.org)
An anonymous reader quotes a report from Science Magazine: Frustrated with the slow transition toward open access (OA) in scientific publishing, 11 national funding organizations in Europe turned up the pressure today. As of 2020, the group, which jointly spends about $8.8 billion on research annually, will require every paper it funds to be freely available from the moment of publication. In a statement, the group said it will no longer allow the 6- or 12-month delays that many subscription journals now require before a paper is made OA, and it won't allow publication in so-called hybrid journals, which charge subscriptions but also make individual papers OA for an extra fee. The move means grantees from these 11 funders -- which include the national funding agencies in the United Kingdom, the Netherlands, and France as well as Italy's National Institute for Nuclear Physics -- will have to forgo publishing in thousands of journals, including high-profile ones such as Nature, Science, Cell, and The Lancet, unless those journals change their business model. Not everyone is pleased by the decision. A spokesperson for Springer Nature, which publishes more than 3,000 journals, said the plan "potentially undermines the whole research publishing system." A spokesperson for AAAS, Science's publisher, added: "Implementing such a plan, in our view, would disrupt scholarly communications, be a disservice to researchers, and impinge academic freedom."
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Mercedes Unveils First Tesla Rival In $12 Billion Attack (bloomberg.com)
An anonymous reader quotes a report from Bloomberg: Mercedes-Benz, the world's largest maker of luxury cars, is rolling out its first in a series of battery-powered models, adding to a growing array of high-end brands targeting Tesla. The Mercedes EQC crossover starts production in the first half of next year, part of a plan to develop its EQ electric line, Daimler AG Chief Executive Officer Dieter Zetsche told reporters in Stockholm at the car's world premiere. The company intended to invest $12 billion on the electric-car push, but the spending has become "more than that," he said Tuesday, without specifying figures. "There is no alternative to betting on electric cars, and we're going all in," Zetsche said. "It is starting right now." The new EQC -- roughly the size of the brand's popular GLC SUV -- features a range of more than 280 miles and accelerates to 62 mph in as little as 5.1 seconds. The Model X has a range of 237 miles. Daimler doesn't plan to establish a dedicated electric assembly plant and will instead build the vehicles at the same sites as conventional automobiles to be able to better adjust output, Zetsche said, adding that he expects demand to mainly eat into sales of combustion cars rather than lure new customers.
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Samsung Says It Will Unveil a Foldable Smartphone this Year (cnbc.com)
Samsung will unveil details of a foldable smartphone later this year, the CEO of its mobile division told CNBC, amid rumors that such a device was in the works. From the report: DJ Koh said that "it's time to deliver" on a foldable device after consumer surveys carried out by Samsung showed that there is a market for that kind of handset. Speaking to CNBC, Koh was tight-lipped on how the folding screen could work but ran through the design thinking of the upcoming smartphone, particularly how Samsung is trying to differentiate the experience from a tablet once it is unfolded. "You can use most of the uses ... on foldable status. But when you need to browse or see something, then you may need to unfold it. But even unfolded, what kind of benefit does that give compared to the tablet? If the unfolded experience is the same as the tablet, why would they (consumers) buy it?," Koh said at the IFA electronics show in Berlin last week. Further reading: Samsung Plans To Overhaul Its Smartphone Strategy at the Mid-range Price Point.
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The Bitcoin Boom Reaches a Canadian Ghost Town (bloomberg.com)
Most of the buildings in Ocean Falls that haven't been demolished over the decades are crumbling in place, and Greg Strebel, along with most everyone who once lived there, is long gone. A population that peaked at 5,000 has fallen below 100. But this summer, the mill began to emit a new sound. From a report: It was more of a buzz than a throb, really, but plenty loud to be heard as far away as the ferry dock and the old firehouse. It was the noise of hundreds of tiny fans blowing air past hundreds of tiny computers, keeping them cool while they ran 24 hours a day, creating Bitcoins. The Bitcoin mine has come to Ocean Falls after almost four decades of false starts. The town went dormant once the paper industry left, but it wasn't dead, exactly. The dam that powered the mill was still capable of producing about 13 megawatts of electricity. Some of that went to power Ocean Falls and two nearby towns, Bella Bella and Shearwater. But even in the middle of winter, their residents used less than one-third of the electricity, leaving plenty to support new industrial uses. The dam wasn't connected to the grid, a shortcoming that could also be an advantage in the right hands. Any power-hungry business willing to set up nearby would be well-positioned to negotiate a sweetheart deal.
For most industries, the remoteness of Ocean Falls offsets the benefits of cheap power. It's about 300 miles up the coast from Vancouver, accessible only by boat or seaplane. Strebel's teenage protestations aside, severe weather is a real issue. It's one of the rainier places on the continent, and high winds in the long winter months can hinder travel. And so almost every plan -- for casinos, breweries, marijuana-growing operations and water-bottling plants -- came and went with little tangible impact. At one point, a group of businessmen sought to fill ocean tankers with water from the town and sell it to California or Saudi Arabia. The only substantial business for now is a salmon hatchery. But several years ago, employees at Boralex, the private utility that owns the dam, began getting phone calls from Bitcoin miners, mysterious people untethered from the restraints of businesses producing actual physical goods. -
Samsung Plans To Overhaul Its Smartphone Strategy at the Mid-range Price Point (cnbc.com)
Samsung Electronics plans to overhaul its smartphone strategy at the mid-range price point in order to appeal more to millennials, the company's mobile CEO has told CNBC. From the report: DJ Koh said the South Korean giant is changing its smartphone strategy for its mid-priced Galaxy A series of smartphones amid a slowdown in the handset market. Instead of introducing new technology into the flagship Galaxy S and Note series of devices, Koh said Samsung will look to bring in cutting-edge features to its cheaper models first. The first of these devices will come later this year. "In the past, I brought the new technology and differentiation to the flagship model and then moved to the mid-end. But I have changed my strategy from this year to bring technology and differentiation points starting from the mid-end," Koh told CNBC in an exclusive interview last week. The move comes amid a global smartphone slowdown with Samsung feeling a bit of the pressure. Sales in its mobile division fell 20 percent year-on-year in the second quarter of 2018 with the company attributing it to lower-than-expected sales of its high-end Galaxy S9 device.
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16-Year-Old RSS Reader App NetNewsWire Returns To Founder Brent Simmons, Who Promises To Keep It Free and Open Source and Release v5.0 Soon (medium.com)
Black Pixel, which acquired popular Mac RSS reader app NetNewsWire in 2011, announced this week that the brand name is returning to the founder Brent Simmons. From the announcement: Since acquiring NetNewsWire from Newsgator in 2011, we've invested a great deal in the continued development and support of the product suite including the addition of a free sync service. Unfortunately, the ongoing cost of support and feature development for these products require more dedicated resources than we are able to provide. With that in mind, today we are removing all versions of the app from sale. We'll continue to run the sync service for another 60 days, then take it offline at the end of October. Brent Simmons, who founded the app, shared what he plans to do with the brand name: [...] I want to thank them [Black Pixel] for a second thing: their incredible generosity in bringing it back to me. When I asked them about it, they told me they'd already been discussing it. There was never a need to convince them: they thought it was the right thing to do before I even said a word.
[...] You probably know that I've been working on a free and open source reader named Evergreen. Evergreen 1.0 will be renamed NetNewsWire 5.0 -- in other words, I've been working on NetNewsWire 5.0 all this time without knowing it! It will remain free and open source, and it will remain my side project. (By day I'm a Marketing Human at The Omni Group, and I love my job.) Black Pixel will stop selling their versions of the app, and will turn off the syncing system and end customer support -- all of which is detailed in their announcement. (Important note: I will not get any customer data from them, nor will I be doing support for Black Pixel's NetNewsWire.)
I want one thing: to make the very best versions of NetNewsWire ever made. And, along the way, I'd love to have your help. Nothing to Download Yet I don't actually have an app bearing the name NetNewsWire ready to download yet. I will have test versions ready soon, though. It's still going to be a while before the final version of 5.0 ships. The Mac community has been thrilled about the announcement. Daniel Jalkut, founder of blogging tool MarsEdit, said, "I appreciate Black Pixel's decision to return NetNewsWire to Brent Simmons. It was the right move strategically, but also very humanistic." Federico Viticci, a prolific blogger on Apple ecosystem, said, "Congrats Brent Simmons on bringing NetNewsWire home. The Mac can use a modern RSS reader that can stand the test of time." John Gruber, a columnist on Apple ecosystem, said, "Black Pixel did a great job taking over NetNewsWire, but times change, and companies change. Handing the NetNewsWire name back to Brent was a classy move, but completely unsurprising to me, knowing George and the other folks at Black Pixel." -
Will Future Nuclear Power Plants Float? (thebulletin.org)
Russia isn't the first country to launch a floating nuclear power plant. 50 years ago America's army built a floating nuclear power plant to supply energy to the Panama Canal Zone. Even though it's now being dismantled in Texas -- a four-year job -- China has plans to build as many as 20 floating nuclear power plants.
Gayle BAS quotes the Bulletin of the Atomic Scientists: Proponents say that floating nuclear plants have major advantages over land-based power plants: They have easy access to cooling water and can be quickly installed near coastal cities with rapidly growing energy demands. And unlike other types of energy that produce relatively few climate-altering emissions, nuclear power plants can run 24/7.
But as with onshore nuclear reactors, the closely related issues of safety and economics could be showstoppers. -
China Plans To Restrict New Games Coming Into the Country and Limit the Time Kids Spend Online (bloomberg.com)
China's regulators plan to curtail the number of online games and discourage play-time, part of a broader effort to tackle device addiction and other ills that sent shares reeling from the U.S. to Japan. From a report: The curbs were just one aspect of a swathe of edicts intended to address the health and growing incidence of myopia among children. But they come on top of a months-long freeze in game approvals, further muddying the waters for an industry that labors under one of the world's most opaque regulatory regimes.
While the new regulations encompassed everything from encouraging outdoor activities to usage of electronics, investors zeroed in on the game curbs during a highly sensitive time for the industry. The government hasn't given any explanation for a freeze on title approvals since March, prompting debate over whether it's a temporary halt due to regulatory reshuffling or whether Beijing is planning a crackdown in a wider campaign against online content. Tencent's inability to monetize its hottest games also cast doubt over the relationship between the world's largest gaming company and the government.