News

Tencent wins IP lawsuit against Peacekeeper Elite leaker
Tencent wins IP lawsuit against Peacekeeper Elite leaker
Tencent has won after a court found leaker Xiaopang Commentary had infringed the IP rights of Peacekeeper Elite, the Ch…
June 11, 2025
Tencent sinks more cash into Playground Games founder's new studio
Tencent sinks more cash into Playground Games founder's new studio
Lighthouse Games was established by Gavin Raeburn in 2022 and is currently working on a racing franchise.
June 4, 2025
Tencent directors step down from Epic Games' board after US Justice Department "expressed concerns"
Tencent directors step down from Epic Games' board after US Justice Department "expressed concerns"
Two Tencent directors have left Epic Games' board of directors after the US Justice Department "expressed concerns" abo…
May 30, 2025
US adds Tencent to list of firms allegedly connected to Chinese military
US adds Tencent to list of firms allegedly connected to Chinese military
Update, January 8, 2025: Tencent has provided a further statement regarding the decision made by the US Department of D…
May 30, 2025
Tencent invests $1.25bn in new Ubisoft subsidiary focused on Assassin's Creed, Far Cry, and Rainbow Six
Tencent invests $1.25bn in new Ubisoft subsidiary focused on Assassin's Creed, Far Cry, and Rainbow Six
Ubisoft has "accelerated its transformation" by developing a new operating model and subsidiary following a $1.25bn cas…
May 30, 2025
Ubisoft's FY24-25 financials report "solid balance sheet" despite hefty drops in revenue and back-catalog sales
Ubisoft's FY24-25 financials report "solid balance sheet" despite hefty drops in revenue and back-catalog sales
Ubisoft has released its financial results for the full 2024-25 fiscal year, reporting a "solid balance sheet" and "ver…
May 30, 2025
Tencent is spending $1.8 billion for 25 percent of Ubisoft's spinoff subsidiary
Tencent is spending $1.8 billion for 25 percent of Ubisoft's spinoff subsidiary
About $559 million of that $1.8 billion will go right to Ubisoft.
May 14, 2025
Report: Nintendo is delaying the Switch 2 in China
Report: Nintendo is delaying the Switch 2 in China
Rumblings of delays in China come after Nintendo scrapped pre-order plans in the United States and Canada.
April 9, 2025
U.S. Department of Defense adds Tencent to list of 'Chinese military companies'
U.S. Department of Defense adds Tencent to list of 'Chinese military companies'
The tech and video game conglomerate has insisted the move is a 'mistake.'
Jan. 8, 2025
Tencent and Guillemot Brothers' Ubisoft buyout reportedly held up by dispute over control
Tencent and Guillemot Brothers' Ubisoft buyout reportedly held up by dispute over control
Ubisoft's two biggest shareholders continue to discuss a potential buyout that would take the Assassin's Creed publishe…
Dec. 9, 2024
Tencent acquires majority stake in Kuro Games
Tencent acquires majority stake in Kuro Games
Tencent has acquired a majority stake in Chinese developer Kuro Games.
Dec. 2, 2024
Capcom veteran Hideaki Itsuno joins Tencent subsidiary Lightspeed Studios
Capcom veteran Hideaki Itsuno joins Tencent subsidiary Lightspeed Studios
The Dragon's Dogma director will take charge of a new studio in Japan.
Nov. 12, 2024