Browsing Tag
Tencent
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Tencent focuses on Elden Ring after ditching the Nier mobile adaptation
Tencent will reportedly start to work on a mobile adaptation of Elden Ring after ditching the mobile adaptation of Nier, which it has been working on for two years.
Tencent ditches the development of a “Nier” mobile game after two years
Tencent, the Chinese gaming giant, faced a setback as it reportedly ceased the development of a highly anticipated mobile game based on Square Enix's "Nier" franchise in December.
China tightens its grip on the game industry, giants’ shares plummeted
Chinese regulators have unveiled a set of rules aimed at curbing spending and reward mechanisms associated with video games, dealing a setback to the world's largest gaming market, which witnessed a resurgence in growth this year. The development hit the Chinese-based market giants hard. Tencent and NetEase shares dropped 16 and 25%, respectively.
Tencent shuts down Team Kaiju
Chinese tech giant Tencent has reportedly closed down its U.S.-based video game studio, Team Kaiju, marking a notable development in its global expansion strategy.
Tencent becomes the majority shareholder of Dying Light studio Techland
Techland will retain full ownership of their IPs, and maintain creative freedom.
Tencent launches AI service for corporate clients
Tencent enters the AI market by launching its large language model service, catering to sectors like finance and media. The LLM, developed by Tencent Cloud, enables human-like conversations and competes with Baidu and Alibaba's offerings in China's growing AI landscape.