Articles for tag: billion, Loss, NetEase, suffer, Tencent

oriXone

Tencent and NetEase suffer  billion in value loss

Tencent and NetEase suffer $80 billion in value loss

China’s plans to regulate spending in online games caused massive share price losses for Tencent and NetEase. A draft law by Chinese regulators to limit spending in online games caused massive share price losses of at times $80 billion for Tencent and NetEase. As Reuters reported, the draft stipulates that in the future no rewards ...

NinFan

Tencent has announced plans to acquire Techland

Tencent has announced plans to acquire Techland

Prominet Chinese company Tencent has published his intention to raise Techland, the studio behind the acclaimed Dying Light series and the Dead Island franchise and more. The news was officially announced this afternoon in a blog post by the CEO of Techland, Pawel Marchewka. Tencent is currently in the process of becoming a majority shareholder ...

Geralt of Sanctuary

Techland: So yes: Studio will be taken over by Tencent

Techland: So yes: Studio will be taken over by Tencent

In early 2022, rumors were already circulating that Tencent would be interested in buying Techland. Now it’s here, the confirmation of the takeover. The Chinese corporate giant swallows a large part of the Polish studio. Most of you should know Studio Techland from the two offshoots of Dying Light. But the portfolio of the second ...

League strike called off after unrest, LCSPA reaches settlement

League strike called off after unrest, LCSPA reaches settlement

Two weeks ago It looked like League of Legends The North American season was in turmoil when the players’ union called a strike over Riot’s plan to make cuts in the North American Challenger’s League, and Riot responded by suspending the entire LCS. However, after negotiations between the LCS Players Association and Riot, this strike ...

Call of Duty pulls YouTuber Nickmercs skin over anti-LGBT tweet

Call of Duty pulls YouTuber Nickmercs skin over anti-LGBT tweet

Picture: Activision / Kotaku Activision drew one call of Duty Skin based on the hugely popular Nickmercs after he made an anti-LGBTQ comment on Twitter. An enemy from the next Team Ninja game is giving me PTSD on Sekiro Earlier this week, broadcaster Chris Puckett tweeted about a local clash between “pro-LGBT protesters” and fanatics ...