Write what you are looking for and press enter to begin your search!

Logo
live-news-icon

Live News

Honkai Star Rail Version 2.2 Slated For Early May: In an intense match, the Lone Wolves came out victorious. Read all about the big night here // Indie Devs Pledge 300 Games To Support Palestine Children's Relief Fund: In an intense match, the Lone Wolves came out victorious. Read all about the big night here // Hunter X Hunter Nen X Impact Release First Official Trailer: In an intense match, the Lone Wolves came out victorious. Read all about the big night here
post-16 post-13

Tencent In Talks With USA To Keep Its Riot & Epic Stakes

As we all know, giant Chinese tech company Tencent has its hands and fingers on every tech pie worldwide. Chief among them is Epic and Riot Games, as the conglomerate has stakes in both companies.

A new Reuters report states that Tencent Holdings is talking with the United States’ Committee on Foreign Investment since late 2020 to make sure it can keep its stakes in Riot Games and Epic Games. Basically, the US committee can force the Chinese company to pull out from both companies. Currently, Tencent owns the whole of Riot Games and owns 40 percent stake in Epic Games.

Why are they doing this? For the interest of national security, of course: it needs Tencent to prove that its handling of US personal data is not posing a threat to USA. Tencent is currently negotiating risk-mitigation measures, though this is pretty vague at this point in time.

The USA’s Biden administration seems to be cautious around China, especially on personal data that Tencent has via its many games and apps. So far, both Riot Games and Epic Games said that they have not shared user data with Tencent.

Related News

post-07
Check Out Guilty Gear Strive's Happy Chaos In Action Before He's Out

If you want to find out more about Guilty Gear Strive's latest character, look no further than Arc System Works' recent starter guide video. Here, ...

post-07
Crypt of the Necrodancer Gets Hatsune Miku DLC Out Of Nowhere

Well, here's a crossover I didn't see coming. Indie rhythm roguelike game Crypt of the Necrodancer, which deserves all the awards for being such an...

post-07
New Guardians Of The Galaxy Vol. 3 Trailer Showcases More Of The High Evolutionary

During the Super Bowl 2023, Marvel unveiled a new trailer for Guardians Of The Galaxy Vol. 3. The trailer has a funny albeit emotional tone, with more...

Write a comment

Your email address will not be published. Required fields are marked *

Tournament Tool Kit

Kakuchopurei Community