Chinese tech and entertainment giant Tencent has removed two directors from Epic Games’ board following a US Department of Justice (DOJ) investigation into antitrust laws. In a press release from the government body , the DOJ said that the board members had violated Section 8 of the Clayton Act. This stipulates that a director cannot be be on the board of two competing companies, in this ca…
Browsing: Tencent
Two directors appointed by Tencent to the board of Epic Games resigned after the US Justice Department’s antitrust division raised……
Ubisoft shareholders are exploring a potential buyout of the company while preserving the founding family’s control.
As reported by Reuters, the……
Following years of troubles, a Ubisoft buyout seems closer than expected. According to a new report by Reuters, Ubisoft and Chinese giant Tencent……
French publishing giant Ubisoft is reportedly in discussions with Tencent about a potential buyout of the Assassin’s Creed firm. Reuters reports that the two are in talks about a deal that would not reduce the Guillemot family’s controlling stake in the company. The Guillemots have also been speaking to other investors about a management buyout. Tencent is reportedly weighing up wheth…
Tech and entertainment giant Tencent has acquired a majority stake in Chinese developer Kuro Games. That’s according to Gematsu , which reports that the company has snapped up a new 37 per cent stake in the company. Along with its existing 14.4 per cent ownership, Tencent now owns 51.4 per cent of Kuro Games. It is also the only external shareholder in the studio. There’s no indication as t…
Nexon and Tencent’s Dungeon & Fighter: Mobile has surpassed $1 billion in player spending on China’s App Store after just over six months on the……
Tencent has acquired a 37% stake in Kuro Games from Hero Entertainment for an undisclosed fee to increase its total ownership of the studio to……
Monkeying around.The weekend is here, which means it’s time to relax……
Gaming giant Tencent has announced Light of Motiram for PC, which has been accused of being a “rip off” of Sony’s exclusive Horizon series by……
Tencent pulls the plug.Tencent Nintendo Switch has announced that……
Must… consolidate…A new report from Reuters has emerged that……
A “fully featured” open-world Monster Hunter game is coming exclusively to mobile in the form of Monster Hunter Outlanders.
Co-developed by……
Featuring the “core gameplay experience” of the series.Capcom has today……
Tencent’s Lightspeed Studios has opened a new development studio in Japan.
The company said its new Tokyo and Osaka-based teams will focus on……
