Tencent Games

Tencent Holdings' Riot Games plans to lay off 530 employees, or about 11 percent of its staff globally, the online gaming company said on Monday in a blog that included a letter to employees from CEO Dylan Jadeja.

Arcane season 2 is reportedly eyeing a release in late 2024. As per Twitter user LeagueOfLeaks, the window was revealed during Tencent’s Video V Vision Conference late last week, with a Q4 2024 date marking a release sometime between October to December next year. Riot Games previously confirmed that it’s not trying to rush out a second season ...

China's Tencent Holdings said on Thursday that it has started internal testing of its self-developed artificial intelligence (AI) model, which is now being integrated with a number of internal services and products. In a statement sent to Reuters on Thursday, Tencent said its foundation AI model named "Hunyuan" has been integrated with a range of ...

Microsoft has signed an agreement to keep Call of Duty on PlayStation following the acquisition of Activision Blizzard, Microsoft Gaming CEO Phil Spencer said in a tweet on Sunday. A deal to keep Call of Duty on Playstation could further ease concerns surrounding the acquisition's impact on competition.

The US Federal Trade Commission on Thursday asked an appeals court to temporarily stop Microsoft's $69 billion (nearly Rs. 5,67,00 crore) acquisition of video game maker Activision Blizzard, hours after a federal judge rejected a similar request. The deal is facing varying responses around the world from regulators.

BGMI game: South Korea's Krafton Inc, a company backed by China's Tencent, on Friday said it received approval from Indian authorities to resume its popular battle-royale format game in the country.

E3 2023 has been cancelled, the Entertainment Software Association (ESA) confirmed. A report notes that the 2023 edition ‘simply did not garner the sustained interest' necessary to execute the event in a manner that would display the size and strength of the games industry. The news comes after big publishers like Xbox, PlayStation, and Nintendo ...

Tencent Holdings on Thursday said it would restrict its focus to its core business, while maintinaing cost-cutting and improving efficiencies, as it reported its first drop in annual revenue to date. The world's largest video game company and operator of the WeChat messaging platform posted revenue of CNY 554.55 billion (nearly Rs. 6,65,600 crore) ...

Among the imported online games approved by the National Press and Publication Administration is at least one by Tencent, a game called Merge Mansion, according to a list the regulator released on Monday. NetEase secured approval for at least one mobile game named Audition: Everybody Party, while Bilibili received a licence for a game called Shanya...

Microsoft's offer of licensing deals to rivals is likely to address EU antitrust concerns over its $69 billion (nearly Rs. 5,68,000 crore) acquisition of Activision, three people familiar with the matter said, helping it to clear a major hurdle. Microsoft announced the Activision bid in January last year, its biggest ever, to take on leaders Tence...

The deadline for a decision on Microsoft’s contentious $69 billion (roughly Rs. 5,71,800 crore) acquisition of Call of Duty maker Activision has been extended to April 25, according to a European Commission filing on Wednesday. EU antitrust regulators will give a verdict on the deal, which has come under the scanner of various regulatory bodies s...

Tencent Holdings is in talks with Meta Platforms to distribute its Meta Quest line of virtual reality headsets in China, three people familiar with the matter said. The talks between Tencent and Meta started last year and have continued in recent months, according to one of the sources who has direct knowledge of the matter, adding that the talks ...

Tencent is planning to host a Valorant esports tournament as the FPS game rolls out in China, following a two-year industry crackdown. Talks are in their initial stages and Tencent could push back its timeline from its predicted summer window. A Valorant league should help kickstart competitive online gaming in China after pandemic restrictions and...

Tencent on Monday revealed that it had fired over 100 employees found guilty of bribery and embezzlement, an announcement that comes as the company struggles under a broad regulatory crackdown on China's tech sector initiated in late 2020. More than a hundred employees were guilty of violating Tencent's anti-fraud policy and one employee was found ...

WeChat Pay became the second-biggest player in China's mobile payment market within a year of its 2013 launch, behind Alipay which is owned by Jack Ma-founded Ant Group. Two sources familiar with Tencent said the importance of Channels has been repeatedly communicated within the company.

Tencent Holdings' Riot Games plans to lay off 530 employees, or about 11 percent of its staff globally, the online gaming company said on Monday in a blog that included a letter to employees from CEO Dylan Jadeja.

Arcane season 2 is reportedly eyeing a release in late 2024. As per Twitter user LeagueOfLeaks, the window was revealed during Tencent’s Video V Vision Conference late last week, with a Q4 2024 date marking a release sometime between October to December next year. Riot Games previously confirmed that it’s not trying to rush out a second season ...

China's Tencent Holdings said on Thursday that it has started internal testing of its self-developed artificial intelligence (AI) model, which is now being integrated with a number of internal services and products. In a statement sent to Reuters on Thursday, Tencent said its foundation AI model named "Hunyuan" has been integrated with a range of ...

Microsoft has signed an agreement to keep Call of Duty on PlayStation following the acquisition of Activision Blizzard, Microsoft Gaming CEO Phil Spencer said in a tweet on Sunday. A deal to keep Call of Duty on Playstation could further ease concerns surrounding the acquisition's impact on competition.

The US Federal Trade Commission on Thursday asked an appeals court to temporarily stop Microsoft's $69 billion (nearly Rs. 5,67,00 crore) acquisition of video game maker Activision Blizzard, hours after a federal judge rejected a similar request. The deal is facing varying responses around the world from regulators.

BGMI game: South Korea's Krafton Inc, a company backed by China's Tencent, on Friday said it received approval from Indian authorities to resume its popular battle-royale format game in the country.

E3 2023 has been cancelled, the Entertainment Software Association (ESA) confirmed. A report notes that the 2023 edition ‘simply did not garner the sustained interest' necessary to execute the event in a manner that would display the size and strength of the games industry. The news comes after big publishers like Xbox, PlayStation, and Nintendo ...

Tencent Holdings on Thursday said it would restrict its focus to its core business, while maintinaing cost-cutting and improving efficiencies, as it reported its first drop in annual revenue to date. The world's largest video game company and operator of the WeChat messaging platform posted revenue of CNY 554.55 billion (nearly Rs. 6,65,600 crore) ...

Among the imported online games approved by the National Press and Publication Administration is at least one by Tencent, a game called Merge Mansion, according to a list the regulator released on Monday. NetEase secured approval for at least one mobile game named Audition: Everybody Party, while Bilibili received a licence for a game called Shanya...

Microsoft's offer of licensing deals to rivals is likely to address EU antitrust concerns over its $69 billion (nearly Rs. 5,68,000 crore) acquisition of Activision, three people familiar with the matter said, helping it to clear a major hurdle. Microsoft announced the Activision bid in January last year, its biggest ever, to take on leaders Tence...

The deadline for a decision on Microsoft’s contentious $69 billion (roughly Rs. 5,71,800 crore) acquisition of Call of Duty maker Activision has been extended to April 25, according to a European Commission filing on Wednesday. EU antitrust regulators will give a verdict on the deal, which has come under the scanner of various regulatory bodies s...

Tencent Holdings is in talks with Meta Platforms to distribute its Meta Quest line of virtual reality headsets in China, three people familiar with the matter said. The talks between Tencent and Meta started last year and have continued in recent months, according to one of the sources who has direct knowledge of the matter, adding that the talks ...

Tencent is planning to host a Valorant esports tournament as the FPS game rolls out in China, following a two-year industry crackdown. Talks are in their initial stages and Tencent could push back its timeline from its predicted summer window. A Valorant league should help kickstart competitive online gaming in China after pandemic restrictions and...

Tencent on Monday revealed that it had fired over 100 employees found guilty of bribery and embezzlement, an announcement that comes as the company struggles under a broad regulatory crackdown on China's tech sector initiated in late 2020. More than a hundred employees were guilty of violating Tencent's anti-fraud policy and one employee was found ...

WeChat Pay became the second-biggest player in China's mobile payment market within a year of its 2013 launch, behind Alipay which is owned by Jack Ma-founded Ant Group. Two sources familiar with Tencent said the importance of Channels has been repeatedly communicated within the company.