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Report: US government may compel Tencent to divest gaming investments

3 weeks 4 days ago

The Trump White House is debating whether to allow Chinese juggernaut Tencent to maintain its ownership stake in games companies, according to a report in the Financial Times which said the subject had been discussed by senior officials in recent weeks. A Tuesday meeting of cabinet officials on the matter was postponed due to scheduling issues, the newspaper said. The matter is being considered ahead of Donald Trump's visit to China later this month.

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Jon Hicks

How Is Kalshi Not Gambling?

3 weeks 4 days ago

On Kalshi, people have placed bets on everything from football games to foreign affairs. The prediction market’s CEO, Tarek Mansour, says this doesn’t count as gambling—and is actually good for society.

Steven Levy