Our latest coverage of tencent.
Tencent continues gobble-up smaller studios as the Chinese media and tech giant fully acquires Aaryn Flynn’s Inflexion Studios and their flagship game Nightingale. Both parties have chosen not to disclose the details of the deal. “We want to make sure that the games developed by our internal studios benefit from the support of publishers with leading track records of bringing [...]
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Since July 2021, the Chinese National Press and Publication Administration (NPPA) has imposed a moratorium on the release of games in the country as part of its fight against what they regard as spiritual opium that threatens to destroy a generation of their citizens. These restrictions have had a significant effect on Chinese video game companies, including Tencent, and have [...]
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Last month, Angela Games filed a lawsuit against Snail Games and Studio Wildcard for declaratory judgement and to recover damages caused by the studios’ copyright claims and the DMCA takedown of Myth of Empires. In response, Snail Games has filed a countersuit against Angela Games and Imperium Interactive Entertainment, the company that facilitated the distribution agreement between Angela and Valve. [...]
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Max Payne creator Remedy Entertainment has partnered with Chinese gaming company Tencent on a new free-to-play co-op PvE shooter codenamed Vanguard. According to the official announcement, the game is an original Remedy IP and will be developed using Epic Games’ Unreal Engine for PC and consoles. Remedy will be responsible for developing the game and publishing it globally while Tencent [...]
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Tencent has gobbled up yet another development studio as the Chinese media giant buys out Slamfire and its subsidiaries including Back 4 Blood developer Turtle Rock Studios. According to Turtle Rock’s press release, they will still be operating independently and will continue to be run by their original founders, Chris Ashton and Phil Robb. With Tencent’s support Turtle Rock says [...]
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The Chinese government is at it again. A few weeks ago Tencent began implementing facial recognition software into their games to ensure kids don't bypass their daily gaming allotment by using their parent's phones. This week the government announced new restrictions on gaming for minors and unlike previous restrictions these are strict. Anyone under 18 years old will only be [...]
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Tencent, one of the largest tech companies in the world, crashed ~6% (after being down nearly 11% earlier in the day) after Chinese media connected to the government referred to video games as "spiritual opium" in a scathing article about youth gaming addiction. Tencent's stock crashed in response in fear of greater regulation or a total crackdown on gaming. Other [...]
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Tencent continues their acquisition spree by purchasing a majority stake in the Swedish game developer Stunluck Studios, the company best known for Battlerite. Financial details were not publicly disclosed, but given that Battlerite's popularity has been in decline for some time now, it likely wasn't a massive deal. Stunluck Studios commented: “It’s an honor to represent the biggest game company [...]
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Tencent launched a new program earlier this month dubbed 'Midnight Patrol' which uses facial recognition technology to stop kids in China from gaming between 10pm - 8am. China has long has strict rules surrounding gaming for minors, but kids would frequently circumvent these restrictions by using their parent's identities to log into devices. This tactic won't work any longer as [...]
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The Chinese police, in collaboration with Chinese tech giant Tencent, recently conducted an operation against a massive organization that designed and sold cheats for popular games such as Call of Duty Mobile and Overwatch. According to BBC, 10 people were arrested and around $46 million worth of assets, including several luxury cars, were seized during the raid in Kunshan, a [...]
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