Tencent: Last News

Sony Interactive Entertainment America, said that companies like Google, Amazon and Apple threaten the stability of the gaming industry.At the GamesIndustry.biz Investment Summit in Seattle, Layden – now a strategic advisor at Tencent Games – relayed what he considers to be the three most significant concerns to developers and publishers. He started by specifying that acquisitions have the potential to be “the enemy of creativity”.“I also think rising costs in gaming are an existential threat to all of us.

Sega has joined a number of other game publishers in missing E3 this year, leading to the game industry questioning whether the Los Angeles convention will still go ahead.As reported by IGN, Sega said that “after careful consideration, we have decided not to participate in E3 2023 as an exhibitor. We look forward to sharing more information on announced and unannounced projects in the future.”IGN found that Tencent will also be skipping E3 2023, and claimed that more publishers will not be attending but are yet to make an announcement.The news comes just days after Ubisoft confirmed it would not be attending E3, with the Assassin’s Creed developer deciding to “move in a different direction” and host its own live event in June.Both companies join Xbox and Nintendo in skipping E3 2023, while it’s been reported that Sony will also miss the convention.

Tencent is reportedly looking to raise its stake in Assassin’s Creed and Far Cry publisher Ubisoft.According to a new report from Reuters, Tencent apparently expressed interest in the French publisher and is looking to raise the five per cent stake it placed in 2018.Two sources claimed that Tencent is aiming to “become the single largest shareholder” of Ubisoft with another stake purchase. At this time it’s unclear how much the company is planning on owning of the company.Additional sources said that Tencent does plan on purchasing the extrastake from the Guillemot family – the current CEO of Ubisoft – which own 15 per cent of the firm.

OtherSide Entertainment stopped working on System Shock 3 in 2019.Spector, studio and creative director at OtherSide, recently spoke with GamesBeat. While he didn’t say his version of the game was cancelled, Spector clarified that OtherSide Entertainment hasn’t worked on it for a while.When asked if the development of System Shock 3 came to an end for OtherSide, Spector responded: “We released a statement last year.

Back 4 Blood, Turtle Rock, has been acquired by Tencent along with its parent company Slamfire Inc.The acquisition will have no effect on Back 4 Blood itself, but the studio will become a part of Tencent. Turtle Rock will continue to retain its independence and will continue to be run by its co-founders Phil Robb and Chris Ashton.“We are all looking forward to joining the Tencent family of studios,” said Steve Goldstein, president and general manager of Turtle Rock Studios in a press release.

Tencent intends to purchase Sumo Group, but a US national security panel is investigating the deal.Sumo, which is based in Sheffield, England, also has studios in the US and they told Reuters that Tencent had agreed to offer undertaking to gain approval from the Committee on Foreign Investment in the United States (CFIUS), which assesses deals to ensure they do not hurt national security.The task force is also looking into the sale of the US video-sharing app TikTok.

PUBG Mobile is collaborating with Liverpool FC, as players can unlock the team’s branded kit in-game.The collaboration with the football club kicks off from November 12 until December 20.

PUBG going free-to-play (F2P) for a week may last even longer, and that this is a trial to make F2P permanent.From August 10, PUBG will be entirely free to play until August 16. Using the Kpop crossover with Blackpink to draw in new players, it seems that the gesture may become more permanent soon.Prominent PUBG leaker Player IGN announced on Twitter that the move was more than a simple ploy to attract new players.The first tweet to suggest this went out back in July, and has been proven to be true in terms of a F2P week for PUBG.

Pokémon Unite will be seeing plenty of changes tomorrow (August 4) in an update that includes edits to playable Pokémon’s stats and moves on Nintendo Switch.The full details are available on the Pokémon Unite website, which lists bug/text fixes, information on the spectate feature test, as well as some cryptic changes to Pokémon stats and moves. It will go live on August 4 at 8am UK time (midnight PDT).Despite the long list of changes to plenty of Pokémon, the update doesn’t actually elaborate on how exactly some of these buffs and nerfs will change each Pokémon.

Pokémon Unite, which releases tomorrow (July 21), can now be pre-loaded.Nintendo announced the title in June last year, during its Pokémon Presents Direct. With only a day to go until release, the preload is now available in Nintendo’s eShop, taking up 928Mb of memory.Pokémon Unite is a strategic free-to-play battle game that features five versus five battles.

2 min read Dozens of LGBT university students in China have had their WeChat accounts deleted suggesting the account had received complaints about the social media content.

Vivendi has closed the sale of 10% of its subsidiary Universal Music Group to a consortium led by the Chinese powerhouse Tencent. The deal, which was signed three months ago, values UMG for €30 billion.

More than 500 cinema screens have reopened in China, where the coronavirus outbreak is seen to be receding, though box office takings remain minimal as the public is mostly staying away.

Tencent, China’s social media, games and streaming giant, unveiled solidly normal financial results for its year to December. It signaled damage to the Chinese economy from the coronavirus outbreak, but the group is expanding the range of business activities that can be done online.

Despite what the company called a “challenging” period, Chinese online publisher and TV producer China Literature completed its first year on the stock market with a 22% increase in profits to $156 million (RMB1.1 billion). It was rewarded with a 10% jump in its shares by midday Wednesday.