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The Latest Breaking News from Tencent

Can Tencent Save Ubisoft? Rumors and Recovery Plans in Focus

At the end of September, Ubisoft experienced an event that rattled investors and made them more cautious toward the company. The long-awaited release of Assassin's Creed Shadows was delayed until February 14, 2025, causing a sharp decline in the company's share price, dropping it to the level last seen in…

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Tencent Cloud To Take On Big Three With WeChat's Integrated Super App Ecosystem

Tencent Cloud CEO Dowson Tong reveals plans to revolutionize cloud computing with WeChat's integrated super app ecosystem, challenging dominant players Amazon, Google, and Microsoft

International Business Times

Stock Market Trump Trade Wanes; Shopify, Cava, Bitcoin In Focus: Weekly Review

The Trump trade waned somewhat with the key indexes retreating for the week. Shopify was a big earnings winner, while bitcoin kept surging.

Investors Business Daily

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PUBG Mobile, Honor of Kings, and other mobile games are here for Windows 11's Microsoft Store — here's why you can't play them

Microsoft and Tencent partnered to bring several mobile games to the Microsoft Store on Windows 11 but the partnership only affects PCs in China.

Windows Central

Stock Market Today: Dow Jones, S&P 500 Hit Record Highs But Techs Drag Nasdaq (Live Coverage)

Dow Jones topped 44,000 on the stock market today. Pinterest stock plunged after the company's earnings report.

Investors Business Daily

Is my air fryer listening to me? The household smart devices which could be gathering your data

The consumer advocacy group Which? assessed several popular types of smart gadgets over data and privacy

The Independent UK

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

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Best China Stocks: Tesla Rivals BYD, XPeng Lead 5 Stocks Near Buy Points Amid Stimulus, Trump Tariff Fears

China stocks are struggling on tepid stimulus and fears of new Trump tariffs. Tesla rivals XPeng 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

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

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

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GamesRadar

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

Windows Central

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.

GamesRadar

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

Investors Business Daily

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.

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news in one place.

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PC Gamer

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.

Investors Business Daily

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.

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.

TechRadar

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

Hackers were seen deploying Cobalt Strike beacons via phishing.

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