All Stories Tagged: Tencent Holdings

All signs point to Tencent potentially becoming the single-largest shareholder in Ubisoft.

Turtle Rock Studios will fall under ownership of Tencent, though the deal states that the Back 4 Blood studio will retain independent handling of its projects.

Tencent's previous quarter showed its weakest revenue growth since the company went public in 2004, with revenue climbing 13 percent.

China's latest crackdown on games includes targeting content that supports 'money worship' and 'effeminacy' and includes facial recognition for enforcement.

Both companies saw significant dips coming into Monday's market as China's government passed major restrictions on allowable game time.

Tencent's Q2 2021 earnings featured major wins, but government regulations threaten to curb its success in further quarters.

The gaming giant took a hit after the Economic Information Daily also called games "electronic drugs".