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Photo: VCG China's thirty biggest mobile game publishers reported a combined leap in revenue garnered from the app stores run by Apple and Google last month, continuing a trend that started last year when the coronavirus pandemic increased demand for online entertainment.
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Tencent Games has continued its road toward owning a piece of everything in the game industry with a stake in Bohemia Interactive. If you haven't been paying attention recently to the moves of the company, they've slowly been acquiring complete companies to put under their banner, or moving ahead with acquiring small strategic stakes in them to have a say in the direction they head.
According to Variety, a Tencent executive was arrested following the suspicion of sharing personal WeChat data with an official. The accused is named Zhang Feng, who was probably the company's Vice President previously. If it turns out true then, it will be alarming for many users on the social media app WeChat.
Chinese tech megacorp Tencent are buying a minority stake in Bohemia Interactive, the Czech gang behind Arma and DayZ. Bohemia say they "will continue to operate independently and be led by the existing management team." Alrighty then! Bohemia don't say how big a stake they sold, nor how much they got for it.
Analysts have linked the companies' quick compromise to China's high-level crackdown on monopolistic behavior in the internet sector. About an hour after the clock struck midnight to usher in 2021, Huawei Technologies Co. Ltd. dropped a bombshell. The firm announced it had suspended cooperation with Tencent Holdings Ltd.
Cambridge University has followed Oxford in being linked with China's Tencent Software firm with links to China's communist regime gave 'gift' to the university The 'generous gift' helped Cambridge to fund research into quantum computers Cambrigde University is said to have received a 'generous gift,' from a Chinese software giant with links to the country's community spy agency, in order to fund an engineering fellowship.
Tencent is a Chinese gaming mega-conglomerate that owns a huge amount of developers and properties, and invests in countless more. In recent years, Tencent has continued to accelerate its investments into other companies, with Bohemia Interactive being the latest recipient. Tencent has now acquired a minority stake in Bohemia Interactive, the developer behind established games like Arma, DayZ, and more.
We are currently looking for experienced automotive journalists and editors to join our team. Make $60k-$80k per year doing what you love. We are also looking for an experienced forum moderator to join our team. See details here. An anti-monopoly complaint was recently filed against Chinese multinational technology conglomerate Tencent Holdings Ltd.
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers.
Chinese mega-publisher Tencent have continued their investment spree, buying a stake in DayZ, Arma, and Vigor developer Bohemia Interactive. The exact portion of the company purchased has not been revealed, but it's said to be a minority stake, and that Bohemia Interactive will continue to operate independently.
In the world of big tech, anti-monopoly regulations became yet another weapon to bludgeon the competition. Photo: VCG A war broke out in early January between China tech giants Huawei and Tencent. The same week, another war involving Tencent got started, this time with ByteDance. In the tech sectors, wars between giants are nothing unusual.
Tencent has purchased a minority stake in DayZ and Arma developer Bohemia Interactive for an undisclosed fee. The Czech studio will remain independent following the deal, and will continue to be led by its existing management team. Tencent and Bohemia have joined forces in the past, and are currently working to bring the PC-mobile sandbox title Ylands to players in China.
In 2018, the BBC signed a three-year partnership with Tencent to co-produce and distribute "content-rich documentaries". In the same year, the current Director General Tim Davie - then the CEO of BBC Studios - was a key figure in signing a deal with the Chinese firm's movie arm, Tencent Penguin Pictures, to co-produce Sir David's natural history show, Dynasties.
Frost & Sullivan has awarded Tencent Cloud the title of 2020 Best Practice Competitive Strategy Leadership Award in the Global Cloud Industry. Tencent Cloud delivers cloud services including GPU-based cloud compute, cloud-based virtual machines, cloud storage, networking, content delivery networks, serverless frameworks, and other services to organisations worldwide.