The tech crackdown continues

The tech crackdown continues

Bank of England's Bailey says pace of recovery is levelling off

  • Chinese gaming firms including #Tencent and NetEase were summoned by Chinese government officials, a further bad sign for the future of the gaming industry in China.
  • Bank of England Governor Andrew Bailey said Britain's economic bounce-back from its #COVID lockdowns was showing some signs of a slowdown and he was concerned about the problems facing companies trying to fill vacancies.
  • Private equity firm 10T Holdings has raised $750 million for its first fund to pursue investments in fast-growing #cryptocurrency companies.

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