Tencent’s next level up: fewer big foreign franchise games, more in-house
By Josh Ye HONG KONG (Reuters) - In a sea change at China's Tencent, an easy-to-play game of cute characters tackling obstacle courses has taken precedence over developing a big-budget sophisticated foreign franchise for smartphones. Since late last year, the world's largest
Lenovo Legion Go: gaming, video, study and work, a device without limits
Lenovo Legion Go: The sector of 'handled' devices, i.e. those that can be held with two hands, is beginning to be quite inflated. After Steam, many other brands have entered a market that caters mainly to gaming enthusiasts, but not
Video game publisher Take-Two’s quarterly booking forecast disappoints
By Zaheer Kachwala (Reuters) - Take-Two Interactive Software forecast fourth-quarter bookings below market expectations and cut its annual estimates on Thursday, on signs of weak demand for its gaming titles such as "NBA 2K", sending its shares plunging 10% after the
Tencent chief says gaming business under threat, catching up in AI
By Josh Ye HONG KONG (Reuters) - Pony Ma, chief executive and co-founder of Tencent Holdings, has said that the company's video games business faces great challenges from competitors but is catching up in artificial intelligence (AI) development. Ma, speaking at Tencent's
TikTok owner ByteDance in talks with Tencent, others to sell gaming assets
By Josh Ye HONG KONG (Reuters) - TikTok owner ByteDance said on Tuesday it is in talks with multiple prospective buyers of its gaming assets, including the world's largest video games company, Tencent, as the Chinese social media firm retreats from
China’s gaming stocks climb on report regulatory official removed
By Jason Xue and Brenda Goh SHANGHAI (Reuters) - Chinese gaming stocks rose on Wednesday to outperform a weak broader market, after Reuters reported China removed a gaming regulatory official. China's CSI Anime Comic Game Index gained as much as 3.1% in
Google, Epic Games face off as app antitrust trial nears end
By Mike Scarcella and Greg Bensinger (Reuters) - Alphabet's Google on Monday tried to persuade a federal jury in San Francisco to reject antitrust claims by "Fortnite" maker Epic Games in a case that threatens Google's app store and transaction fees
ByteDance says to restructure Nuverse in retreat from gaming business
By Josh Ye HONG KONG (Reuters) - TikTok maker ByteDance plans to wind down its Nuverse gaming brand and retreat from mainstream video games, four people familiar with the matter said. ByteDance told Reuters it had decided to restructure its gaming business
Sony facing $7.9 billion mass lawsuit over PlayStation Store prices
By Sam Tobin LONDON (Reuters) - Sony must face a mass lawsuit worth up to 6.3 billion pounds ($7.9 billion) over claims the PlayStation maker abused its dominant position leading to unfair prices for customers, a London tribunal ruled on Tuesday. Sony