philip lelyveld The world of entertainment technology

12Nov/23Off

Meta’s China quest thaws thin layer of dense cube

... The $828 billion company has brokered a preliminary deal to sell virtual reality headsets in the country with Chinese technology titan Tencent (0700.HK) starting late next year, according to the Wall Street Journal. The agreement should help Facebook’s owner tap into the big market through gaming while avoiding thornier issues that come with social media. If successful, it also will put pressure on U.S. officials to soften their own stance. ...

See the full story here: https://www.reuters.com/breakingviews/metas-china-quest-thaws-thin-layer-dense-cube-2023-11-10/

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