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The Latest Breaking News from Tencent

Games Publisher Ubisoft Announces Restructuring, Billion-euro Investment

In a bid to escape financial woes, French games giant Ubisoft said Thursday it was creating a new subsidiary around its most popular franchises such as "Assassin's Creed" in partnership with China's Tencent.

International Business Times

Ubisoft and Tencent are forming a new company that will take control of its most successful franchises: Assassin's Creed, Far Cry, and Rainbow Six

Tencent will be a minority shareholder in the new venture, which is expected to be completed by the end of 2025.

PC Gamer

Rumored Ubisoft and Tencent agreement comes to fruition with 25% stake and new division for the Assassin's Creed developer

Ubisoft and Tencent are working together on a new gaming subsidiary that includes Assassin's Creed, Far Cry, and Tom Clancy's Rainbow Six.

Windows Central

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Ubisoft reaches deal with Tencent to create $4.3 billion mini-Ubisoft subsidiary to "spearhead development" on new Assassin's Creed, Far Cry, and Rainbow Six games

The new subsidiary will "remain exclusively controlled and consolidated by Ubisoft"

GamesRadar

Assassin's Creed Shadows hits 2 million players, putting it on track to be the series' most successful game yet

Assassin's Creed Shadows just hit another milestone, putting it just a katana slash away from becoming the biggest game in the series.

PC Gamer

Ubisoft is reportedly talking to Tencent about creating a new business entity to manage Assassin's Creed and other big games

Nothing is finalized yet, but it sounds like Ubisoft is moving toward some kind of new deal that could involve Tencent.

PC Gamer

China Stocks Are Making a Comeback – Is There More Upside Ahead?

Some tailwinds are building up in Chinese stocks, both fundamentally and technically, which could attract new investors.

MarketBeat

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Not just Jack Ma: Who’s who at the Monday summit that’s seen as a ‘symbolic’ end to China’s tech crackdown

Huawei’s Ren Zhengfei, BYD’s Wang Chuanfu, and Xiaomi’s Lei Jun were among the leading tech executives who met with Xi Jinping on Monday.

Fortune

China's Xi promises policy stability at meeting with business leaders, including Alibaba's Jack Ma

China’s President Xi Jinping has met with private sector business leaders, offering them assurances that policies regarding the private sector would not change, state media reported

The Independent UK

After more than a year and 2 million sales, Alan Wake 2 is finally turning a profit for Remedy

Alan's weird misadventure in Bright Falls sold well, but cost a hell of a lot to make.

PC Gamer

3 Tech Stocks to Buy Hand Over Fist for a DeepSeek ‘Bull Market’

Here are three tech stocks to load up on now as China’s tech sector enters a fresh bull market fueled by DeepSeek’s breakthrough.

Barchart

The Chinese AI companies that could match DeepSeek’s impact

DeepSeek roiled global markets and shocked Silicon Valley, but it’s just one of a raft of Chinese AI companies that could challenge US dominance

The Guardian - AU

Up 175% in 2024, Can This Growth Stock Keep Climbing?

Sea’s growth story has been nothing short of spectacular.

Barchart

A new analysis claims that Microsoft's Xbox has become the top games publisher in the world

An analytics firm has handed Microsoft the games publishing crown. With almost half a billion in spending, Microsoft's multiplatform strategy is paying off for Xbox, at least according to this analysis.

Windows Central

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The Guardian - UK

Who is behind DeepSeek and how did it achieve its AI ‘Sputnik moment’?

Liang Wenfeng, who founded the firm just two years ago, says his aim is ‘not to lose money, nor to make huge profits’

Fortune

Analysts are calling the recent release of Chinese AI models including DeepSeek ‘coordinated psyops’

At least three other companies including those backed by Alibaba and Tencent released updates to their applications in recent weeks.

PC Gamer

Ubisoft closes another studio, announces layoffs at 3 more as part of 'ongoing efforts to prioritize projects and reduce costs'

The closure of Ubisoft Leamington and layoffs at the Düsseldorf, Stockholm, and Reflections studios will see 185 people put out of work.

GamesRadar

With Wuchang: Fallen Feathers, Chinese studio Leenzee aims to soar to the heights of its field

Interview | Set in the Ming Dynasty, Wuchang: Fallen Feathers brings a unique feathery twist to soulslike action RPGs

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Creative Bloq

Tencent's open-source AI 3D generator could reshape game development

Hunyuan3D 2.0 can even animate 3D assets.

Creative Bloq

Viral video of Keanu Reeves in Severance shows the power of Tencent's new AI video generator

HunyuanVideo is scarily good at face swapping actors.

The Conversation

In China, social media apps are changing how people buy and read books – selling more than physical bookshops do

While the Australian book market was down 3% last year, genre fiction – popular on BookTok – was among the rare categories that grew.

Player One

Potential Ubisoft Sale to Tencent Could Lead to 'New Venture' as Part of Major Change

A potential sale of Ubisoft to Tencent could lead the video game company to a new venture as part of the major change.

Windows Central

Ubisoft's assets may be broken up as founders seek deal with major Chinese publisher

Ubisoft's founding family is seeking a deal with Tencent that could see the company's assets split across a new venture.

Evening Standard

What is Rednote/Xiaohongshu? TikTok 'refugees' flock to alternative app as ban looms

The app valued at $17bn has been labelled the ‘Instagram of China’ — but is it safe to use?

TechRadar

There's one handheld gaming PC that went under the radar at CES 2025 - and it's got a secret weapon to beat the competition

The handheld gaming PC race continues, as Tencent had its 3D handheld gaming PC showcased at CES 2025.

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