News Snapshot:
Tencent, the world’s biggest gaming enterprise, has joined the legion of tech companies speaking out about plans to develop the metaverse. The Company’s CEO, Pony Ma, said that it had ample technological resources to build a digital world. The announcement was made alongside Tencent’s quarterly results, which show the company’s slowest growth rate in two years. During an earnings call on Wednesday, Tencent’s President, Marin Lau, said that the Chinese government will most likely support the development of the metaverse in China as long as it complies with domestic regulations. He said that although China may have different metaverse-related laws...
