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China Imposes 3-Hour Gaming Limit Among Children Below 18

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Studies have shown that addiction to online games can be detrimental to children and adolescents’ physical and mental development. The National Press and Public Administration (NPPA) announced in August 2021 that the country would be imposing restrictions on online gaming for minors. NPPA said that video game companies would set a 3-hour gaming limit in China, particularly for children below 18 years old. A state media outlet called online games “spiritual opium,” citing from the previous eras when drug addiction was prevalent in the country.  

What’s With This 3-Hour Gaming Limit in China?

The new rules are part of the significant move by Beijing to intensify control of its citizens and other sectors of its economy, including technology, education, and real estate. The restrictions which apply to any device might have a massive impact on the worldwide gaming industry. According to Xinhua state news agency, it will limit the young gamers to playing for one hour a day from 8 p.m. to 9 p.m., on Fridays, Saturdays, and public holidays. 

With this new set of restrictions, the Chinese government wants to emphasize addiction to online games. According to the NPPA, online gaming harms both minors’ physical and mental health.

The rules from the NPPA regulator concur with the further move by Beijing to clip tech giants’ wings, including Alibaba Group (9988.HK) and Tencent Holdings (0700.HK) were threatened to curb their ability to trade shares in the United States due to stricter content rules. 

With this 3-hour gaming limit in China, game companies will have to control a real-name-based registration system. In 2018, Tencent implemented this system by limiting play time on Honor of Kings, a popular mobile game. Back then, limits were not as strict, though. Kids below 18 could play video games for 1.5 hours on any day and three hours on holidays. 

Online Debates About the Issue

The 3-hour gaming limit in China became one of the most discussed on Weibo, China’s version of Twitter. Some agreed on the new measures, while others said they were surprised by the sudden announcement of the stricter regulations. 

One of the top commenters said that the new set of restrictions is so fierce that  left him utterly speechless. Others expressed doubts about how the authorities control the restrictions, saying that the kids will use their parents’ logins. 

Gaming Shares Have Plummeted 

According to analytics firm Newzoo, the Chinese games market will generate approximately $45.6 billion revenue in 2021, higher than the United States.

The effects of the 3-hour gaming limit in China reverberated around the world. For instance, shares in Amsterdam-listed tech investment firm Prosus (PRX.AS), holding a 29% share in Chinese social media and video games leader Tencent, went down by 1.45%. On the other hand, European online games stocks Ubisoft (UBIP.PA) and Embrace Group (EMBRACb.ST) both dropped by 2%. 

Meanwhile, shares of Chinese gaming stocks fell in pre-market trading in the United States, with NetEase going down by 6% while video sharing website Bilibili falling over 3%. 

Xinhua News Agency revealed that about 62.5% of Chinese minors play online games, wherein 13.2% play mobile games for over two hours a day on working days. Gaming companies became more anxious about recent criticisms by the state media regarding the so-called gaming addiction among young people. The issue on the 3-day gaming limit in China escalated further as it affected the shares and revenues in the gaming tech market. 

Tencent, a publicly-listed multinational conglomerate that published some of the world’s famous video games, later announced new measures. They plan to reduce youngsters’ time and money on games, starting with Honor of Kings. The President of Tencent also said it was working with regulators to look for ways in which the limited time spent by minors on gaming could apply to all gaming titles. 

The National Press and Public Administration official told Xinhua that it would increase the frequency and intensity of monitoring of online gaming firms. The aim is to establish the country’s gaming limitations and anti-addiction system. Moreover, NPPA said that parents and teachers have vital roles in reducing online game addiction. 

Conclusion 

Online gaming is becoming a fad nowadays among the younger generation. What are the benefits and drawbacks of this fast-growing industry? On one side of the coin, experts say that it helps gamers to relax and socialize, improve concentration and analytical skills. If taken seriously, it can be a lucrative career. But on the other side, it is costly, poses security threats, may lead to addiction, and can also cause cyberbullying. Besides, prolonged time spent playing video games can have adverse effects on the physical and emotional well-being of adults and minors alike. 

How do these new rules affect video games as a whole? Is the 3-hour gaming limit in China the apparent solution?

Online gaming is mentioned explicitly in the regulation, meaning that individual games won’t be restricted later on. Also, it is not clear whether the new real-name-based registration process will cover console games and foreign games. 

It might tempt the young gamers to outwit the limitations by signing up on a foreign server. It is also worthy to note that adult gamers will still play round-the-clock. 

Instead of relying on the government to curb the addiction, parents need to step in to limit time spent on games and social media, and the internet as a whole. Parents should pay attention to their kids, especially the minors. There are several ways to encourage them to use their time productively, like cultivating a new hobby or engaging in sports and other extracurricular activities.

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What Is Tiktok Pink Sauce? The Viral Condiment, Explained

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tiktok pink sauce

TikTok’s pink sauce went viral. What’s going on? 

TikTok creator Chef Pii is the connoisseur behind a mysterious pink sauce that has exploded over the internet, resulting in discourse and memes. The narrative is as odd as the so-called sauce, and it continues to perplex internet detectives and users alike. 

What is TikTok Pink Sauce?

What is tiktok pink sauce? by Chef Pii

On June 11, Chef Pii, a Miami-based private chef and social media influencer, posted a short TikTok of herself dipping a chicken tender into a bowl of bright pink sauce. That one video garnered more than 755,000 views. That’s how the journey of a product she invented called “pink sauce” started. 

The TikTok creator released videos featuring the sauce, trying it with different foods, and showing the packaging. According to the videos, the sauce is priced at US$20. It quickly became a craze. But this is mainly because Chef Pii refused to share how the sauce tasted. She often had other reviewers taste it, but she provided cryptic answers on how it tastes. 

In late June, Chef Pii released a TikTok video addressing that concern. A day later, she revealed the ingredients, posting a graphic outlining each: dragon fruit, sunflower seed oil, honey, chili, and garlic.

Nutritional labels – and errors

Creator @sseaansvv recently raised further questions, investigating deeper the pink sauce saga. The TikTokker called “Pink Sauce Lady” for errors in her nutritional label. They also claimed that “there are not enough preservatives” within the sauce “to make shelf stable.”

Sean SVV also wrote in her second video’s caption, “I’m genuinely rooting for her to get a license, fix the errors before selling it legally.”

Another TikTokker, @annareportsnews, also posted a video the same day saying that the serving size per container is unrealistic. She also mentioned that the label doesn’t specify that the sauce should be refrigerated.

America’s Food and Drug Administration (FDA) mandates manufacturers of dressing and condiments to apply for registration. The FDA sets standards on labels, testing methodologies, manufacturing practices, and scientific protocols.

In April 2022, FDA issued the revised guidelines for nutritional fact labels on food and drink products. Serving size is among the updates for the label. However, the FDA doesn’t allow pre-market approval for food products.

A few days later, Chef Pii announced in a video that they were fixing the issues. 

She apologized for the label errors and stressed fixing the nutritional labels for all future bottles of the sauces. She also emphasized that she appreciates the support her sauce has received and that she is operating a small business and is trying to reduce the price of the sauce.

The nutritional label is also available for viewing on her site, which previously didn’t seem to be the case.

Twitter Memes About the Controversial Pink Sauce

Recently, the internet has become crazy with pink sauce. People post everything from memes to analysis, while others express the desire to try the sauce. On Twitter, “Pink Sauce” is currently trending.

Links: 

https://twitter.com/oluwatoji/status/1550049864658161664
https://twitter.com/TaylorLorenz/status/1549916891409514498

Even Netflix has posted about the sauce.

But the story does not end there. 

Chef Pii took to Instagram Live, YouTube, and TikTok to answer users’ questions. Likewise, she spoke to various media outlets, such as NBC, Washington Post, and Buzzfeed, to defend her unique product.

During her Instagram live, the chef said, “What do you mean by FDA-approved? But, I don’t sell medical products. The “Pink Sauce” isn’t a medical product and it don’t contribute to your health.”

That response stirred Twitter again, causing “F in FDA” to trend across the app.

https://twitter.com/UberFacts/status/1551748826574323712

On July 27, Chef Pii emailed all pink sauce customers about the new terms and conditions. The email addressed the Pink Sauce Supporters and said they are working to fix the issues surrounding allegations and claims against the condiment. 

Chef Pii also explained that she is now cooperating with the FDA and the Florida Department of Agriculture and Consumer Services. And she is waiting on official approval for the sauce and updating the packaging to ensure “preciseness.”

And for other stories and news, read more here at Owner’s Mag!

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Business

Merck Seagen Buyout: What to Know About the Deal

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Team talking about merck seagen buyout

Merck is currently in talks to acquire Seagen, a biotech company. The Wall Street Journal reports that the transaction is valued at $40 billion. And what happens if Merck acquires Seagen, and how would this acquisition benefit cancer research and treatment? Read more about the Merck Seagen buyout here.

Merck Seagen Buyout

Merck and Seagen are still deciding on their share prices. So far, talks have yet to reach an agreement on $200 per share. Both companies want to settle and finalize their deals before Merck announces its quarterly earnings on July 28. At the time of writing, Seagen’s stock was at $176.19.

With an estimated market value of $235 billion, Merck is looking to expand its presence in the cancer treatment space. The Merck Seagen Buyout could play a major role in that strategy. Since Seagen specializes in targeted cancer therapies, the acquisition would give Merck access to a broader range of oncology products.

Shareholder reactions to the new deal are overwhelmingly positive, and the stocks have been up since talks about the deal have been made public.

But this is not the first time that Merck and Seagen have made the news. Back in 2020, they collaborated because of cancer treatments. Seagen has a drug conjugate (ladiratuzumab vedotin) which would be used in conjunction with Merck’s Keytruda.

Merck reveals that Keytruda is its highest-selling product. It’s immunotherapy for cancer.

And this deal could help Merck offset the possibility of reduced sales because it will lose patent protection in 2028.

As promising as this deal is, there could be scrutiny from antitrust officials since there might be a litigation case from the Federal Trade Commission or Justice Department.

The Seagen buyout isn’t the only deal Merck has made recently. They’ve been busy closing another deal, but with Orion too.

Seagen

As a cancer biotech company, Seagen has therapies to ensure that patients benefit from the treatment and reduce any adverse side effects. Their treatments involve the therapy attacking tumors with toxins.

Merck partnering with Seagen isn’t a bad idea considering that Seagen made $1.4 billion in sales in 2021, most of it coming from Adcetris and Padcev (a treatment for urothelial cancers).

Merck-Orion Deal

In the middle of the Merck Seagen Buyout, Merck has recently partnered with Orion for the ODM-208 and other drugs. These drugs are related to the production of steroids. Orion found how it can combat hormone-dependent cancers and further developed this inhibitor.

Their deal includes that they should develop ODM-208 and promote it to the public together. And Orion will receive a $290 million payment from Merck.

Although they’re co-developing and marketing the new inhibitor, Orion will oversee the manufacturing side.

Co-developing the ODM-208 can help Merck with its current research and treatments for prostate cancer. President and CEO of Orion, Timo Lappalainen, says that this partnership will benefit Merck’s goals of treating cancer worldwide.

Other Ventures: Merck’s Role in the Pandemic

You may have heard about COVID-19 pills, which are a form of treatment for those diagnosed with mild to moderate COVID-19. Merck introduced an antiviral COVID-19 pill to the public. The name: Molnupiravir.

The COVID-19 pill is not a replacement for a vaccination. Instead, it stops the replication of the COVID-19 genetic code and keeps the patient out of the hospital. Not yet FDA-approved, Molnupiravir has been authorized for emergency use since December 23, 2021.

And for other stories, read more here at Owner’s Mag!

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Technology

BeReal App: Will It Ever Survive Its Instagram Clone?

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bereal vs ig

Social media trends come and go, everyone’s well aware of this by now. And currently, the app at the center stage is TikTok, the short-video hosting app. However, a new kid on the block is making waves, the BeReal app. Looking at the feedback from TikTok users, it seems that BeReal appears to have exploded so quickly.

What is BeReal App? 

what is the bereal app

Source: Android Police

BeReal app is a new social media phenomenon that operates under a simple premise at works this way: 

  • Once a day, the app will alert you to take a photo. It will take one from your rear camera and one from your front camera a few seconds later. 
  • You will have a two-minute interval to take this photo to capture candid images. 
  • Then, the BeReal app will lay your front photo over your rear photo. 
  • You can share it with your friends. However, you won’t be able to see their posts until the next day. And if you missed the two-hour window, you’ll have to wait until the next day. 
  • You can also react to your friend’s posts by sharing a quick selfie attached to their post.

The premise behind these weird shooting windows is to encourage people to share snippets from their lives that aren’t just hand picked from parties or any planned events. But, it’s not the first app to go for the candid angle. Back in 2016, Casey Neistat of YouTube developed an app called Beme. The app encouraged users to take videos with their phones clasped to their chest so that, allegedly, they could stay focused on the moment. Later that year, CNN bought the app but ultimately shut it down in 2018.

BeReal vs Beme

What BeReal had that Beme didn’t was the ability to operate for two years with the increasing number of users showing for it. Based on a BeReal app job posting, the app has more than 10 million daiily users. It also says the company’s goal is to increase this number to over 100 million. Quite an ambitious goal but recent reports project the mid-size social media network Snapchat at about 350 million daily active users.

As Snapchat popularized the concept of communication through disappearing messages, BeReal may be relying on its own style to continue and encourage future partnerships with other businesses. Clubhouse, an audio-based social app that went live around the same time as BeReal, had plenty of activities to back it up, but things have quickly cooled down. It is recently experimenting with new features to make the app nteresting enough to attract more users.  Meanwhile, the novelty of BeReal is still fresh, but once the surge of interest from TikTok has mellowed down, it will need to learn to be independent and beat the competitors.

What is an Instagram Candid?

Meta seems to be working on a feature called “Candid Challenges” for Instagram. Discovered by self-described reverse engineer Allessandro Palluzzi, users would be notified once a day to take and share a “candid.” It also copies BeReal right down to the last detail, giving users just two minutes to take the candid.

An Instagram spokesperson told Engadget that the feature was an “internal prototype” and with no users testing the feature. Still,  we are yet to see this announced soon in an Instagram update.

While Meta has been the only company confirmed to be working on a BeReal clone, it wouldn’t be surprising if Twitter or TikTok followed suit as well. Twitter, specifically, might see BeReal candid shots a fit for the microblogging platform, but considering its brave attempt at copying Snapchat’s stories and the on-going buyout buzz with Elon Musk, it’ll need to stride carefully.

While BeReal is becoming popular, it faces an uncertain future. Will it end up being defeated by Meta as have many other successful startups that even vaguely have a conflicting interest with its existing properties? Or will it fail to innovate like Clubhouse did and die off after its 15 minutes in the spotlight? It might be a welcome change to the airbrushed faces and saturated filters from Instagram, but BeReal might just end up being a little too real for its own good.
If you’re interested in trying out the BeReal App, download it from the Play Store. Just remember you know how to take a selfie before you start aad that you’ll only get one shot daily.

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