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TENCENT VIDEO GAMES
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...- 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...
- 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...
- Tencent chief says gaming business under threat, catching up in AIPony Ma, speaking at Tencent's annual meeting in a stadium in Shenzhen on Monday, said that the company has been resting on its laurels in ...
- China announces rules to reduce spending on video gamesThe new rules, which will effectively set spending limits for online games, sparked panic among investors, wiping off nearly $80 billion in...
- Tencent shuts US video games studio Team KaijuThe Shenzhen-based company pulled the plug on U.S. game studio Team Kaiju in June and its staff have been reassigned to work on another gam...
- Tencent turns to ByteDance in gaming showdown with NetEaseTencent released on Friday mobile party game "DreamStar" that it hopes to challenge "Eggy Party", a similar offering from NetEase which has...
- China's Tencent revenue growth below expectations; gaming falls shortTencent's core gaming business experienced weaker-than-expected growth in the quarter through June. Domestic gaming revenue was little chan...
- China to import 27 new video games, including Tencent, NetEase titlesThis marks the second batch of foreign online games to receive publishing licences in China, just three months after the regulator approved...
- China approves 87 new video games including titles by Tencent and AlibabaShenzhen-based Tencent, the world's largest gaming company, received at least one game licence for a mobile game named "Wangzhewanxiangqi",...
- China to import 45 foreign video games, grants multiple licences to TencentAmong the imported online games approved by the National Press and Publication Administration are five to be published by Tencent Holdings ...
- Tencent chief blasts managers in fiery townhallPony Ma said at a year-end meeting with staff on December 15 that internal reviews this year had exposed unspecified corruption within Asia...
- 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...
- China's Tencent starts new round of layoffs: reportLayoffs will affect three out of Tencent's six business divisions - platform and content (PCG), which comprises of its video and news platf...
- Tencent seeks to raise stake in 'Assassin's Creed' maker Ubisoft, sources sayChina's largest social network and gaming firm, which bought a 5% stake in Ubisoft in 2018, has reached out to the French firm's founding G...
- 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...
- China readies sizeable penalty for Tencent in sweeping antitrust crackdown, say sourcesTencent faces penalties for not properly reporting past acquisitions and investments for antitrust reviews, an offence with a fine capped a...
- Amazon cancels Lord of the Rings game announced in 2019The game had been in development at Amazon Game Studios alongside China-based Leyou Technologies Holdings, which was acquired by Chinese te...
- Tencent's quarterly revenue jumps 26%, helped by online gamesProfit rose 175% in the same period to 59.3 billion yuan, largely thanks to fair-value gains in companies Tencent has invested in, and sale...
- ByteDance says its video games unit will acquire Mooton TechnologyThe acquisition of the video games studio come as ByteDance, the owner of TikTok and the similar Chinese short video platform Douyin, has m...
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