(Bloomberg) — Ubisoft Entertainment SA, the video-game maker behind the popular Assassin’s Creed title, forecast flat…
Tag: Tencent Holdings
China softening stance on gaming after $80 billion rout, approves 105 domestic games
China approved 105 domestic games on Monday, the latest indication that Beijing is softening its stance…
Top China tech fund spurns AI stocks on risks
A technology-focused China equity fund outperforming 98% of peers this year advises caution over the frenzy…
Saudi’s Savvy Games to buy mobile games maker Scopely for $4.9 billion
Last Update: April 06, 2023, 02:15 IST Scopely, founded in 2011, will become an autonomous operation…
China’s Tencent raises stake in ‘Assassin’s Creed’ maker Ubisoft
The latest Tencent deal also ends a difficult four-year period at Ubisoft, where there has been…
Chinese tech bulls are loaded, but doubts remain
Some investors are now getting an opportunity to buy after heavy selling
Tencent, ByteDance implement new layoffs amid China’s economic pain
The latest round of job cuts at the Chinese tech giant comes even as Beijing has…
Baidu in talks to sell majority stake in iQIYI, China’s answer to Netflix
Baidu, which owns 53% of iQIYI and has more than 90% shareholder voting rights, is planning…