News Snapshot:
Tencent, the gaming and messaging behemoth, has been told that all new apps and upgrades must be approved by the government, according to official media, as Beijing continues to crack down on the domestic tech sector. In the past year, the Chinese government has taken steps to assert more control over the industry, citing fears that the country’s tech behemoths have grown too large and powerful. The government’s newest move against Tencent comes after nine of the company’s apps were deemed to have committed “violations” since the beginning of the year, necessitating “transitional administrative guiding measures,” according to state media...
