Tencent: the Chinese tech giant snapping up chunks of Hollywood. But what exactly does it want?
5 years, 4 months ago

Tencent: the Chinese tech giant snapping up chunks of Hollywood. But what exactly does it want?

The Telegraph  

In the classic 1986 action film Top Gun, Tom Cruise – playing a damaged but virtuoso fighter pilot named "Maverick" – wears a bomber jacket emblazoned with the flags of Japan, the United Nations, the USA and Taiwan. The choice of standards made sense: Top Gun's beautiful, quarrelsome flyboys spend much of the minutes of the film fighting an unnamed enemy implied to be either China or North Korea. Perhaps the answer lies in the film's funding, which was partly provided by one of China's biggest tech companies, Tencent. If you've played popular video games such as Clash Royale, League of Legends or Fortnite, you've used Tencent products.

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History of this topic

Chinese tech giant Tencent among
1 week, 1 day ago

Chinese tech giant Tencent among

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The US has added social media and gaming giant Tencent to an updated …

Tencent reveals most ambitious game yet for consoles amid global expansion
1 year, 1 month ago

Tencent reveals most ambitious game yet for consoles amid global expansion

The Hindu  

Chinese tech giant Tencent Holdings unveiled on Friday a big-budget console game named Last Sentinel, a title seen as the mobile gaming giant's most ambitious foray into the console market. The title is being developed by about 200 people at Tencent's Lightspeed LA game studio, a key U.S. studio at the heart of Tencent's global expansion plans. In 2020, Tencent …

Tencent: the Chinese tech giant you’ve never heard of that is conquering the UK
4 years, 11 months ago

Tencent: the Chinese tech giant you’ve never heard of that is conquering the UK

The Telegraph  

Tencent has created a vast empire with many of its targets to be found in the UK For James Dean, boss of tiny London drone imaging start-up SenSat, the overtures from one of China’s biggest tech giants were unexpected. The 28-year-old founder had been contacted by Tencent, the £375bn Chinese tech and media giant, expressing an interest in his business …

Tencent loses $20 billion in value after China attacks myopia with gaming curbs
6 years, 4 months ago

Tencent loses $20 billion in value after China attacks myopia with gaming curbs

Live Mint  

Hong Kong/Beijing: Tencent Holdings’ market value slumped by around $20 billion on Friday after China intensified a crackdown on online gaming citing rising levels of myopia, heightening regulatory risks for companies in the world’s biggest gaming market. The limits came around the same time as Tencent drew scrutiny from China’s communist party mouthpiece, the People’s Daily, which described “Honour of …

Fortnite, Tencent and the fate of world’s biggest game market
6 years, 4 months ago

Fortnite, Tencent and the fate of world’s biggest game market

Live Mint  

Tencent Holdings Ltd., the world’s biggest games company, needs some help from Fortnite, the world’s hottest game. The primary reason: The Chinese government unexpectedly froze the approval of new games, including Fortnite, stunning investors and even Tencent’s management. “It’s unclear how many games are going through this channel and how many will come out," said Daniel Ahmad, an analyst at …

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