Ubisoft counts cost of restructuring with record annual lossFrench games giant Ubisoft on Wednesday reported a record annual loss of almost 1.5 billion euros ($1.7 billion) for its 2025-26 financial ...
20 May, 2026, 11.44 PM IST
‘Need a Neeraj Chopra moment in esports’: Nodwin Gaming founder Akshat RatheeIndia seeks a global esports victory to boost its standing. Experts emphasise skill development and a robust ecosystem. Tencent's investmen...
15 May, 2026, 08.17 PM IST
China’s Tencent partners with SEPC and GDAI in India gaming pushChinese tech giant Tencent is boosting India's gaming sector through strategic partnerships with SEPC and GDAI. The company aims to bring w...
15 May, 2026, 05.58 PM IST
Tencent bets on India’s creator economy with Rs 10 crore gaming and animation pushTencent is investing significantly in India's creative industries. The company will fund skill development and training programs for animat...
15 May, 2026, 01.27 PM IST
Sunil Bharti Mittal announces succession plan: Meet the GenNextAirtel founder Sunil Bharti Mittal is preparing for a leadership change over the next ten years. His three children, Kavin, Shravin, and Ei...
14 May, 2026, 08.52 PM IST
Tencent revenue and profit miss on higher AI investmentTencent Holdings announced first-quarter results below market expectations. Revenue and net profit missed forecasts. Gaming revenue saw gro...
13 May, 2026, 06.49 PM IST
China tech giant Tencent sees Q1 profit jump after AI betsTencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artifici...
13 May, 2026, 03.24 PM IST
China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
29 Apr, 2026, 11.05 AM IST
Chinese billionaire overhauls AI startup after warning on ManusFollowing Meta's Manus acquisition fallout, MiroMind founder Chen Tianqiao is implementing strict firewalls between his Chinese and US busi...
28 Apr, 2026, 05.31 PM IST
Gaming industry could unlock $22 billion in profits on AI-driven cost cuts: Morgan StanleyArtificial intelligence is set to revolutionize game development. Analysts predict AI tools could slash costs by almost half, unlocking bil...
22 Apr, 2026, 07.03 PM IST
China tech giant Tencent logs 16% jump in annual net profitChinese internet giant Tencent on Wednesday reported a 16 percent jump in full-year net profit, with gaming still its main business driver ...
18 Mar, 2026, 03.10 PM IST
Trump administration debates allowing Tencent to keep its gaming stakes: ReportThe White House is reportedly debating whether to let Tencent retain its stakes in major video game companies, including U.S. firm Epic Gam...
04 Mar, 2026, 06.59 AM IST
Tencent says reports of its interest in Nexon, Kakao's mobility unit are untrueThe Korea Economic Daily reported on Wednesday that Tencent was interested in buying a 40% stake in Kakao's mobility unit from financial in...
18 Jun, 2025, 06.10 PM IST
China's Tencent wins first game licence in 18 monthsChina's gaming regulator, the National Press and Publication Administration, on Thursday said it had approved 70 new titles in November inc...
18 Nov, 2022, 02.21 PM IST
Tencent shifts focus to majority deals, overseas gaming assets for growth: sourcesTencent told Reuters the company had been investing abroad for a long time - "long before any new regulations" in China. It looks for "inno...
01 Oct, 2022, 12.30 PM IST
Tencent Q1 profit rises 65% while online game revenues climbTencent, the world's largest gaming firm by revenue, booked profit of 47.77 billion yuan ($7.42 billion) for the three months through March
20 May, 2021, 03.40 PM IST
Tencent in talks with US to keep gaming investments: ReportTencent owns a 40% stake in Fortnite maker Epic Games. It also bought a majority stake in Riot Games in 2011 and acquired the rest of the c...
06 May, 2021, 11.13 AM IST