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The Latest Breaking News from Tencent

Ubisoft Fears Assassin's Hit Over Falling Sales

Ubisoft's battle to maintain its share price has become almost as epic as its "Assassin's Creed" franchise as the video game giant confronts stuttering sales, buyout rumours, and now a strike that starts Tuesday.

International Business Times

Best China Stocks: Tesla Rivals BYD, Nio Lead 5 Stocks Near Buy Points Amid Stimulus Bets

China stocks have roared recently on Chinese stimulus and hopes for more. Tesla rivals Nio and BYD are among the best to buy or watch.

Investors Business Daily

3 Top ETFs to Invest in China's Stock Market

China's recent economic stimulus measures have sparked a surge in investor interest, with three ETFs - iShares China Large-Cap ETF (FXI), KraneShares CSI China Internet ETF (KWEB), and Direxion Daily FTSE China Bull 3X Shares ETF (YINN) - emerging as popular options for investors seeking exposure to the Chinese market.

Barchart

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Diablo 4: Vessel of Hatred arrives on Nvidia Geforce Now today — but we still can't play on Xbox Cloud Gaming

Diablo IV: Vessel of Hatred arrives on Nvidia GeForce Now today, along with Battle.net game syncing, as we lament the lack of Activision Blizzard games on the Xbox cloud.

Windows Central

Ubisoft is Considering Taking Buyout Option to Go Private Amid Struggles

Ubisoft released a statement acknowledging recent reports of a potential buyout amid its continued struggles in the video games industry.

Player One

Guillemot Brothers Ltd, Tencent Reportedly Consider Ubisoft Buyout, Causes Shares to Skyrocket

Guillemot Brothers Ltd and Tencent are reportedly considering a buyout for Ubisoft following the latter's recent struggles, causing shares to skyrocket.

Player One

Ubisoft shares jump following reports of Tencent, Guillemot family considering buyout

Shares of Ubisoft surged more than 30% Friday, following reports that Tencent and the Guillemot family are considering a buyout of the video game maker

The Independent UK

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As Ubisoft struggles and shareholders sweat, Tencent and the Guillemot family are reportedly looking at a buyout

Nothing is carved in stone, but one possible outcome of talks would be to take Ubisoft private.

PC Gamer

As Star Wars Outlaws and Assassin's Creed Shadows add to a 54% Ubisoft stock drop, Tencent and the Guillemot brothers reportedly consider a full buyout

After hitting all-time highs just a few years ago, Ubisoft shares recently dropped to a ten-year low

GamesRadar

Ubisoft may be circling the drain, a Chinese mega-publisher is reportedly considering purchasing the Assassin's Creed makers

The Guillemot family and Chinese conglomerate Tencent may be teaming up to take over Ubisoft, as the company's value has fallen significantly throughout 2024.

Windows Central

League of Legends and Valorant studio shoots down bogus rumor Tencent handed it $200 million to take on Valve's hero shooter: "There's a lot cooking in R&D, but nothing like Deadlock"

Riot Games isn't rivalling Valve's newest effort

GamesRadar

Alibaba, JD Keep Up China Stimulus Rally; PDD Recovers From Earnings Slide

Alibaba stock and shares of rival JD.com extended their rallies Wednesday, helped by optimism about Chinese economic stimulus.

Investors Business Daily

Remedy and Tencent enter into a $17m loan agreement that could lead to it owning a larger chunk of the Alan Wake developer

The studio says the deal will help support its self-publishing endeavours.

PC Gamer

Alibaba Stock Adds To Gains, JD Breaks Out On Latest Stimulus Reports

Alibaba stock and other U.S.-listed China tech firms are surging again Thursday, on reports of further government stimulus.

Investors Business Daily

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The Conversation

Is life getting better for China’s tech billionaires?

According to the latest Bloomberg Billionaires Index, Pony Ma, co-founder of Tencent Holdings, is once again China’s richest person, now with a net worth of more than A$65 billion, placing him 27th globally.

Creative Bloq

Tencent's GameGen-O looks like the first step towards an AI game engine

And people can't believe how fast it's been made.

Player One

Ubisoft's Share Prices Plummet as Investor Urges Company To Go Private

Ubisoft's share prices dropped as one investor is urging the company to go private and to have a change in management.

iMore

Apple approves WeChat update ahead of iPhone 16 event, but it still wants to negotiate fees

Apple has approved a version of Tencent's WeChat app, but still wants to get a cut of in-app fees.

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news in one place.

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TechRadar

Chinese organizations are being hit by Cobalt Strike malware from within China

Hackers were seen deploying Cobalt Strike beacons via phishing.

Tom’s Guide

Forget Sora — MiniMax is a new realistic AI video generator and it’s seriously impressive

MiniMax is the latest ultra-realistic text-to-video generator trying to take on OpenAI's Sora. I put it to the test and as well as being very realistic, this one can accurately render human hand movements.

Player One

Visions of Mana Studio Could be Shut Down by NetEase After Releasing the Game

Ouka Studios, the developer behind Visions of Mana, is reportedly being shut down by parent company NetEase.

The Conversation

Chinese game Black Myth: Wukong tops Steam charts. What does it signify for the rest of the gaming world?

If asked to name the biggest video game company in the world, you might think of icons such as Nintendo – the famed creator of Mario, Pokémon and the Legend of Zelda – or maybe PlayStation, the brand associated with mega hits such as Final Fantasy and Uncharted.

Al Jazeera

China wrestles with ‘quantity over quality’ in generative AI patents

China has filed for more patents than any other country, but US export controls are not its only hurdle.

Tom’s Hardware

Chinese companies are stockpiling HBM2E chips ahead of new U.S. export rules

Baidu, Huawei, and Tencent are stockpiling Samsung's HBM2E memory to use with their own AI processors.

iMore

Apple goes after Chinese giants over App Store fee loopholes

Apple wants China's Tencent and ByteDance to close loopholes in its apps that let it dodge App Store fees.

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