Chinese tech giants are snapping up gaming studios around the world – here are some potential ramifications

  • 📰 CNBC
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Chinese tech giants are snapping up gaming studios worldwide – here are some potential ramifications

have been snapping up stakes in gaming firms beyond China's borders for years with little opposition.

"If Tencent were to buy a stake in every leading newspaper and TV company people would be up in arms, there would be political hearings etc," he added. "Instead they play the long game and they are buying the next generation's media properties without any competition."spread American values around the world and championed the country's military might

China has more gamers than any other country, making it a highly lucrative market for those that can get in. One of the reasons that U.S. and European gaming firms take investment from Chinese companies is that they're legally obliged to partner with a Chinese company before their game can be released in the country.announcing a $1.26 billion deal with TencentNeither company immediately responded when CNBC asked how, or indeed if, Tencent will influence the games that Sumo works on.

"The company could also be an invaluable partner for Tencent as it looks to push into the AAA game space itself with its own projects," said Ahmad.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Link the tech to political is not good idea.

Propaganda purposes, obviously... but maybe not, people are so poor these days, that in-gaming purchases are the most common thing that most people in can still afford. At least, until a new game comes out and those folks waste their money all over again.

Threatening the national security of the United States?

It is hilarious to see this conversation because any nation worth its salt thrives on EXPORTING its VALUES. What is the American dream & Hollywood all about? 'Civilising ' cultures to see things their way! SUBJUGATION 101 but sure lets make it peachy, pretty and ACCADEMIC 😏🧐

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trae Young Mobbed By Fans After Hitting Insane Game-Winner In Pro-Am LeagueThe NBA season is over, but Trae Young is still doing ridiculous things on the hardwood ... here's the Hawks superstar hitting a game-winner in a pro-am match Monday that sent the arena into an absolute frenzy!! Where is the defense?... Young is one of the worst overall(defense/offense combined) players in the league!... Gets some pride,NBA Players(become men)
Source: TMZ - 🏆 379. / 59 Read more »

ITV Invests $3.5M in Mobile Gaming Firm Live Tech GamesU.K. TV giant ITV continues to invest in areas outside its core competency to reach younger audiences in new ways, unveiling a stake in mobile gaming firm Live Tech Games Ltd. ITV said Monday that …
Source: THR - 🏆 411. / 53 Read more »

Greta Thunberg Got Vaxxed and Called Out Vaccine Inequality“No one is safe until everyone is safe.' - GretaThunberg ❤️ VaccineForAll GretaThunberg GretaThunberg This is the nature of man. I like her shirt. We should be quiet. Also, DONT ASK if we’re gay. We DONT TELL you if we’re gay. “DontAskDontTell
Source: TeenVogue - 🏆 481. / 51 Read more »

Work-From-Anywhere Perks Give Silicon Valley a New Edge in Talent WarStartups in small cities used to lure tech talent by offering an alternative to living in pricey Silicon Valley. Now that workers can live anywhere, they’re feeling the pinch. QuemMandouMatarBolsonaro you um you guys got some real shiny sack of balls. lovely, and tantalizing, and the way you present them over the years as decent. a charade. yay. do i have to? Would you like to create a second source of income for yourself from the comfort of your home? It won’t interfere with your job or whatever you do. DM me for more details
Source: WSJ - 🏆 98. / 63 Read more »

Andrew Spencer Speaks Out on Resurfaced Tweets: 'That Is 1,000 Percent Not Who I Am Today'Andrew addressed the tweets at The Bachelorette's Men Tell All taping.
Source: Cosmopolitan - 🏆 725. / 51 Read more »

Tesla, Apple, Alibaba, F5 Networks: What to Watch When the Stock Market Opens TodayInvestors are watching for results from Apple, Microsoft and Alphabet after the close; Chinese tech stocks took another hit. horrible
Source: WSJ - 🏆 98. / 63 Read more »