On Thursday, Toyota Motor of Japan announced partnering with China's Tencent, whereas Nissan will partner with Baidu. These cross-border collaborations signify the importance of artificial intelligence for automotive manufacturers.
A Chinese regulator introduced more market-friendly measures over the weekend. Tencent announced it would be releasing an established hit game for the Chinese mobile market earlier than expected.
Tencent Holdings (HKG:0700, OTC:TCEHY), the Chinese technology conglomerate, saw its shares undergo its biggest rally of 2024 after it announced an early release date for a hotly anticipated mobile game. Dungeon and Fighter: Origin, the mobile game developed by Korean group Nexon and released by Tencent, will be released on May 21.
Shares of Tencent Holdings Ltd. saw their biggest one-day gain in nearly a year on news the Chinese tech giant plans an earlier release of a hotly anticipated mobile video game.
Chinese tech giant Tencent Holdings said on Monday that it will release its much-anticipated "Dungeon and Fighter" mobile game on May 21 after seven years of development.
It may be time to give the metaverse a second chance. Many investors are understandably somewhat skeptical of which metaverse stocks to buy following their uneven debut.
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