Tag Archives: Tencent

PUBG Mobile has now won a major lawsuit targeting a group of cheat creators caught distributing and selling cheat tools for the game. The previously prolific group of hackers will now have to pay $10 million in damages, which will be re-invested in improving anti-cheat tools for the game.  Federal …

While Remedy Entertainment has historically been known for developing story-focused 3rd-person action adventure titles with interesting twists, the studio has started to branch out, with multiple new projects across different genres and perspectives. Remedy has now announced that the studio is working on a free-to-play co-op title. Making the announcement …

Tencent has quietly expanded a ton in recent years, adding new studios to its roster and making strategic investments in a number of independent studios. The company's latest acquisition is a pretty major one – with Tencent picking up Turtle Rock Studios.  Turtle Rock Studios made a name for itself …

China’s approach to governing a country can be seen by many ‘Western’ nations as being much more aggressive in its involvement in the personal lives of its citizens. This was seen with the country’s one child policy, and now, the government is limiting the number of hours that children can …

Recently we reported that NetEase was in final talks with SEGA’s Toshihiro Nagoshi to poach the Yakuza creator, bringing him under the Chinese company's wing and giving him the freedom to create a new studio and IPs. It looks like NetEase isn’t the only Chinese-based company with an eye on …

SUMO Group is a British holding company known best for its subsidiary SUMO Digital. In a surprise announcement, it has now been revealed that Tencent, the Chinese multinational technology conglomerate, has acquired it, and its subsidiaries, in a deal that is north of a Billion Dollars. As Reported by Reuters, …

We've known for a while now that Tencent is looking to acquire more game developers and according to reports this week, it may have its eyes on Crytek. Sources this week claim that Tencent is looking to acquire Crytek. According to German news outlet, Bild, Tencent is looking to acquire …

Yager Development, the studio behind Spec Ops: The Line, The Cycle and a cancelled version of Dead Island 2, is now the latest game developer to attract interest from Tencent.  Following on from acquiring a minority stake in Remedy Entertainment last month, Tencent has now acquired a majority stake in …

We've known for some time now that Remedy Entertainment is partnering up with Epic Games on future projects. This appears to have piqued Tencent's interest, leading to the company acquiring a minority stake in Remedy.  Tencent is adding Remedy Entertainment to its long, growing list of video game studio investments. …

Tencent has invested in a lot of US-based game studios over the years, the biggest of which is ownership over Riot Games and a 40 percent stake in Epic Games. However, depending on negotiations with US authorities, Tencent could be forced to sell its investments.  As reported by Reuters, Tencent …

The video game cheats business is huge, with some companies raking in millions by selling subscriptions to consistently updated cheats for different games. Perhaps the largest video game cheating operation was recently shut down, after a crackdown by police in China.  According to The BBC, Chinese police in the city …

It looks like several major gaming companies have found a new cloud tech firm to get behind. This week, Sony, Square Enix and Tencent invested in Ubitus, a Japan based cloud gaming company. Ubitus was founded in Taiwan initially back in 2007 and later moved its headquarters to Japan. Previously, …

Tencent has been investing in smaller but successful video game companies lately. Recently, Tencent acquired a stake in DontNod Entertainment and now this week, it has also acquired a stake in Bohemia Interactive. Bohemia Interactive is best known for DayZ and the Arma series. In a press release this week, …

While Don't Nod seemed like a studio primed to be acquired by a larger publisher, it seems that the company is intent on staying independent for the time being by taking on investors. The latest company to invest in the studio is none other than Tencent, which now owns a …

In recent years, Tencent has become a major player in the video games industry. The Holdings company is perhaps best known for investing in other companies and studios. That being said, Tencent has now announced that it has opened a brand new studio in Los Angeles, which will focus on …

While Microsoft has recently bowed out of the live game streaming race with the shutdown of Mixer, there are other giant corporations still hoping to steal Twitch’s throne. This week, it is being reported that Tencent is preparing to launch a platform of its own, complete with a partnership program. …

At this point, Tencent has a huge number of investments in the video game industry. Recently, the company has stepped in to invest in PlatinumGames and take over the System Shock franchise. Now, Tencent is reportedly acquiring a stake in another studio, Marvelous. Most recently, Marvelous released Daemon X Machina …

Just last month, OtherSide Entertainment proclaimed that it was ‘still here' but unfortunately, the studio could not provide an update on the status of System Shock 3. Now we know why, as the franchise has been handed over to Tencent instead.  Rumblings of this began earlier this week, when internet …

Tencent is continuing to increase its presence in the video games industry. According to a tweet from an ex-Ubisoft game director, Tencent plans to open a new studio to develop AAA games in North America. The tweet posted by Scott Warner also announced that the studio will be hiring people …

Platinum Games has managed to remain independent for years now while delivering solid action games like Bayonetta and Nier Automata. Last year, the studio went on a fundraising spree to gain support for new projects. While it didn't come to fruition, the studio was apparently in talks to join Microsoft's …

Tencent has an investment stake in plenty of major gaming companies these days and it looks like another one is going to be added to the list. This week, Tencent announced plans to acquire Funcom, the studio behind Conan: Exiles and an upcoming game based on the Dune IP. Tencent …

The Chinese multinational conglomerate Tencent acquired a 51.2% stake of the consortium that has major control over Supercell, the Finnish studio behind Clash Royale and Clash of Clans. The Chinese giant Tencent has been on a buying spree for a long time. In the gaming industry only, companies like Riot …

Tencent launched its “digital lock” as a form of parental control last month, limiting the amount of gameplay per day for those under the age of 13 in China. Just one month later, the publisher is raising the minimum age limit to 16, meaning those who are 15 years-old and …

The Tencent Gaming Platform is in its infancy even compared to the Epic Games Store, still in what the company dubs “early access.” Previously, it had only been available in its home country of China, but now the publisher has rebranded the platform to ‘WeGame X’ and given the rest …

Call of Duty Mobile has been talked about as a possibility for years now but it looks like the success of PUBG and Fortnite has pushed Activision to finally make the jump. In partnership with Tencent, soon, Call of Duty: Mobile will see release in Asia, North America, South America …

Although China has always had an iron grip on the content its population can access, the local government introduced new rules surrounding the internet two weeks ago. In order to keep up, Tencent Games has implemented stricter guidelines for streamers to follow regarding its own IPs. Valentine’s Day might be …

Since resuming its video game approvals in December, China has noticeably omitted its two biggest publishers. Finally seeing approval from the State Administration of Press, Publication, Radio, Film and Television, both Tencent and NetEase have received licenses for the first time in over 9 months. Although Tencent is known for …

In August, it was revealed that a shake-up in the Chinese government had halted new video game licenses since March, slowing the industry to a crawl. This has since taken a toll on China’s biggest publisher, Tencent, as the company announces its own restructure to alleviate plummeting shares. China’s continuing …

Despite strict regulations, China remains the biggest video game market by quite a distance thanks to the country’s large population. Things have suddenly come to a halt in recent months, however, as a government change up hasn’t seen a new game approved for publishing in over four months. Anonymous sources …

Like it or not, Fortnite has gone on to become a huge success and is one of few games to cross over into the mainstream public eye. Epic Games has always had success thanks to the Unreal Engine, but Fortnite has given it a substantial push, with the studio as …