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Technology

The Big Short’s Michael Burry Adds to China Tech-Stock Bet as Rout Deepens

newsblows.com2 years ago2 years ago01 mins

[ad_1] Michael Burry, the money manager made famous in the Big Short, added to wagers on Chinese tech giants Alibaba Group Holding Ltd. and JD.com Inc. in recent months even as a rout in the country’s shares deepened. Alibaba is now Scion Asset Management’s top holding after Burry’s investment company boosted its stake in the…

Technology

Tencent Working on Mobile Version of Hit Console Game ‘Elden Ring’, Sources Say

newsblows.com2 years ago2 years ago04 mins

[ad_1] HONG KONG (Reuters) – China’s Tencent Holdings has been working to adapt acclaimed action role-playing console game “Elden Ring” into a mobile version, three people familiar with the matter said, as it searches for a new hit to refresh its ageing stock of games. The world’s largest gaming company by revenue acquired the licensing…