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Ubisoft Forms New Subsidiary for Assassin's Creed, Far Cry and Rainbow Six Franchises Backed by Tencent
Ubisoft is forming a new dedicated subsidiary for its core IPs of Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six in an effort to transform its operations, the company announced Thursday. The new entity will be backed by a €1.16 billion investment from Chinese conglomerate Tencent, which will hold a minority stake in the subsidiary.
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Tencent T1 Reasoning Model Launched Amid Growing AI Competition in China
Tencent launched its T1 reasoning model, intensifying competition in China's AI sector. Announced via WeChat, the upgraded model features faster responses and improved capabilities for processing lengthy text documents. The launch coincides with heightened rivalry following DeepSeek’s release of models offering comparable or superior performance ...
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Ubisoft Faces Make-or-Break Moment with 'Assassin's Creed Shadows'
Ubisoft is banking on the success of Assassin's Creed Shadows to fight its way out of financial troubles. The company's founding Guillemot family has also been exploring talks with Tencent and other investors on a buyout deal that would let them preserve control.
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Tencent Raises Stake in FromSoftware Parent Kadokawa to 7.97 Percent: Report
Tencent Holdings has reportedly increased its stake in FromSoftware parent company Kadokawa. The Chinese firm is said to have acquired additional 1.11 percent shares of Kadokawa on Monday, raising its ownership in the company from 6.86 percent to 7.97 percent.
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Tencent’s AI Bot Passes DeepSeek as China’s Favorite on iPhones
Tencent Holdings’s Yuanbao became the most downloaded iPhone app in China this week. It overtook DeepSeek to claim the position. With this, Tencent has stolen a march on rivals like Alibaba and Baidu, which have made bigger bets on AI than the Shenzhen company.
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Tencent Releases New AI Model, Says Replies Faster Than DeepSeek-R1
Tencent has released a new AI model that it says can answer queries faster than DeepSeek's R1. The Hunyuan Turbo S is able to reply to queries within a second, distinguishing itself "from DeepSeek R1, the company said in a statement.
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DeepSeek Frenzy Enters Home As TV, Vacuum Cleaner Makers Adopt Its AI Models
Over the past two weeks, home appliance manufacturers such as Haier, Hisense and TCL Electronics have joined automakers and tech heavyweights like Huawei and Tencent in saying they will be using DeepSeek's models.
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Apple Said to Be in Talks with Tencent, ByteDance to Roll Out iPhone AI Features in China
A successful partner for Apple's AI services in China could be a major winner in the country's increasingly crowded AI field where dozens of large language models have been launched by large tech firms as well as startups.
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Tencent Announces Light of Motiram, an Open-World Title That Looks Eerily Similar to Sony's Horizon Series
A Tencent has announced a new open-world action-adventure title that seemingly blends Guerrilla Games’ Horizon series on PlayStation with Pocketpair’s controversial crafting game Palworld. Light of Motiram, developed by Tencent subsidiary Polaris Quest, looks eerily similar to Horizon games, down to tameable mechanical animals — called “Mec...
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Final Fantasy XIV Announced for Mobile, With PUBG Mobile Developer at Helm
Final Fantasy XIV, the long-running popular MMOROG from Square Enix, is coming to mobile platforms, the publisher announced Wednesday. The mobile version of the game is being developed by Tencent-owned Lightspeed Studios, that previously worked on PUBG Mobile.
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Viral Video Shows People Scanning Their Palms To Pay At Shop In China
A viral clip showing a unique "palm payment" method in action has taken Instagram by storm. It was shared by Pakistani influencer, Rana Hamza Saif.
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Tencent, Guillemot Family Said to Consider Buyout of Ubisoft After Market Value Dips
After Ubisoft lost more than half its market value this year, Tencent Holdings and Ubisoft Entertainment SA’s founding Guillemot family are considering a potential buyout. The Chinese tech company and Guillemot Brothers have been speaking with advisers to help explore ways to stabilise Ubisoft and bolster its value.
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Epic Games Accuses Samsung, Google of Scheme to Block App Rivals
Epic said it would file a lawsuit in US federal court in California alleging that a Samsung mobile security feature called Auto Blocker was intended to deter users from downloading apps from sources other than the Play store or Samsung's Galaxy store, which the Korean company chose to put on the back burner.
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MiniMax Video-01 Platform With AI Video Generation Capabilities Launched
MiniMax, a Chinese artificial intelligence (AI) unicorn startup backed by Alibaba and Tencent, released a text-to-video generation model on Monday. Dubbed Video-01, the platform is available to the public even outside of China. It can generate six-second-long videos in a wide range of styles. Video-01 joins the company’s existing AI offerings suc...
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Age of Empires Mobile to Hit Google Play Store, App Store on October 17
Age of Empires will soon be available on smartphones. The Mobile version of the historical real-time strategy game will launch globally later this year. The developers have announced the release date of the mobile version. It will be accessible to both Android and iOS users with pre-registration for the game is now live.
-
Ubisoft Forms New Subsidiary for Assassin's Creed, Far Cry and Rainbow Six Franchises Backed by Tencent
Ubisoft is forming a new dedicated subsidiary for its core IPs of Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six in an effort to transform its operations, the company announced Thursday. The new entity will be backed by a €1.16 billion investment from Chinese conglomerate Tencent, which will hold a minority stake in the subsidiary.
-
Tencent T1 Reasoning Model Launched Amid Growing AI Competition in China
Tencent launched its T1 reasoning model, intensifying competition in China's AI sector. Announced via WeChat, the upgraded model features faster responses and improved capabilities for processing lengthy text documents. The launch coincides with heightened rivalry following DeepSeek’s release of models offering comparable or superior performance ...
-
Ubisoft Faces Make-or-Break Moment with 'Assassin's Creed Shadows'
Ubisoft is banking on the success of Assassin's Creed Shadows to fight its way out of financial troubles. The company's founding Guillemot family has also been exploring talks with Tencent and other investors on a buyout deal that would let them preserve control.
-
Tencent Raises Stake in FromSoftware Parent Kadokawa to 7.97 Percent: Report
Tencent Holdings has reportedly increased its stake in FromSoftware parent company Kadokawa. The Chinese firm is said to have acquired additional 1.11 percent shares of Kadokawa on Monday, raising its ownership in the company from 6.86 percent to 7.97 percent.
-
Tencent’s AI Bot Passes DeepSeek as China’s Favorite on iPhones
Tencent Holdings’s Yuanbao became the most downloaded iPhone app in China this week. It overtook DeepSeek to claim the position. With this, Tencent has stolen a march on rivals like Alibaba and Baidu, which have made bigger bets on AI than the Shenzhen company.
-
Tencent Releases New AI Model, Says Replies Faster Than DeepSeek-R1
Tencent has released a new AI model that it says can answer queries faster than DeepSeek's R1. The Hunyuan Turbo S is able to reply to queries within a second, distinguishing itself "from DeepSeek R1, the company said in a statement.
-
DeepSeek Frenzy Enters Home As TV, Vacuum Cleaner Makers Adopt Its AI Models
Over the past two weeks, home appliance manufacturers such as Haier, Hisense and TCL Electronics have joined automakers and tech heavyweights like Huawei and Tencent in saying they will be using DeepSeek's models.
-
Apple Said to Be in Talks with Tencent, ByteDance to Roll Out iPhone AI Features in China
A successful partner for Apple's AI services in China could be a major winner in the country's increasingly crowded AI field where dozens of large language models have been launched by large tech firms as well as startups.
-
Tencent Announces Light of Motiram, an Open-World Title That Looks Eerily Similar to Sony's Horizon Series
A Tencent has announced a new open-world action-adventure title that seemingly blends Guerrilla Games’ Horizon series on PlayStation with Pocketpair’s controversial crafting game Palworld. Light of Motiram, developed by Tencent subsidiary Polaris Quest, looks eerily similar to Horizon games, down to tameable mechanical animals — called “Mec...
-
Final Fantasy XIV Announced for Mobile, With PUBG Mobile Developer at Helm
Final Fantasy XIV, the long-running popular MMOROG from Square Enix, is coming to mobile platforms, the publisher announced Wednesday. The mobile version of the game is being developed by Tencent-owned Lightspeed Studios, that previously worked on PUBG Mobile.
-
Viral Video Shows People Scanning Their Palms To Pay At Shop In China
A viral clip showing a unique "palm payment" method in action has taken Instagram by storm. It was shared by Pakistani influencer, Rana Hamza Saif.
-
Tencent, Guillemot Family Said to Consider Buyout of Ubisoft After Market Value Dips
After Ubisoft lost more than half its market value this year, Tencent Holdings and Ubisoft Entertainment SA’s founding Guillemot family are considering a potential buyout. The Chinese tech company and Guillemot Brothers have been speaking with advisers to help explore ways to stabilise Ubisoft and bolster its value.
-
Epic Games Accuses Samsung, Google of Scheme to Block App Rivals
Epic said it would file a lawsuit in US federal court in California alleging that a Samsung mobile security feature called Auto Blocker was intended to deter users from downloading apps from sources other than the Play store or Samsung's Galaxy store, which the Korean company chose to put on the back burner.
-
MiniMax Video-01 Platform With AI Video Generation Capabilities Launched
MiniMax, a Chinese artificial intelligence (AI) unicorn startup backed by Alibaba and Tencent, released a text-to-video generation model on Monday. Dubbed Video-01, the platform is available to the public even outside of China. It can generate six-second-long videos in a wide range of styles. Video-01 joins the company’s existing AI offerings suc...
-
Age of Empires Mobile to Hit Google Play Store, App Store on October 17
Age of Empires will soon be available on smartphones. The Mobile version of the historical real-time strategy game will launch globally later this year. The developers have announced the release date of the mobile version. It will be accessible to both Android and iOS users with pre-registration for the game is now live.
