Tencent Holdings Limited

Assassin's Creed maker Ubisoft plummets 16% after Chinese giant Tencent increases stake

Assassin’s Creed maker Ubisoft plummets 16% after Chinese giant Tencent increases stake

Tencent has increased its stake in French game maker Ubisoft, the company behind hit games such as Assassin’s Creed. But analysts say that effectively closes the door to a full acquisition of the company. Rafael Henrique | Soap Images | Light Rocket | Getty Images Shares in game developer Ubisoft tumbled more than 16 percent …

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Sony launches PlayStation mobile gaming division, big push beyond consoles

Asian video game giants continue to seek acquisitions to expand into new formats and markets

Mobile game revenue accounts for more than half of the mobile game market. Sony is looking to diversify beyond consoles with its new dedicated PlayStation mobile gaming division. Mattusz Slodkowski | SOPA Images | LightRocket for Getty Images sony Sony’s PlayStation has long dominated the console market. But the business model for console games has …

Asian video game giants continue to seek acquisitions to expand into new formats and markets Read More »

Sony launches PlayStation mobile gaming division, big push beyond consoles

Asian video game giants continue to seek acquisitions to expand into new formats and markets

Mobile game revenue accounts for more than half of the mobile game market. Sony is looking to diversify beyond consoles with its new dedicated PlayStation mobile gaming division. Mattusz Slodkowski | SOPA Images | LightRocket for Getty Images sony Sony’s PlayStation has long dominated the console market. But the business model for console games has …

Asian video game giants continue to seek acquisitions to expand into new formats and markets Read More »

Sony launches PlayStation mobile gaming division, big push beyond consoles

Sony launches PlayStation mobile gaming division, big push beyond consoles

Mobile game revenue accounts for more than half of the mobile game market. Sony is looking to diversify beyond consoles with its new dedicated PlayStation mobile gaming division. Mattusz Slodkowski | SOPA Images | LightRocket for Getty Images Sony has set up a dedicated PlayStation mobile gaming division in a big push to diversify beyond …

Sony launches PlayStation mobile gaming division, big push beyond consoles Read More »

Delisting risk of U.S.-listed Chinese stocks nearly halved after regulators reach audit deal, Goldman Sachs says

Delisting risk of U.S.-listed Chinese stocks nearly halved after regulators reach audit deal, Goldman Sachs says

The China Securities Regulatory Commission and the U.S. Public Company Accounting Oversight Board announced Friday that they signed an agreement to cooperate on reviewing audit working papers of U.S.-listed Chinese companies. The picture shows the Beijing Securities Regulatory Commission Building in 2020. Emanuel Huang | Getty Images News | Getty Images BEIJING — The risk …

Delisting risk of U.S.-listed Chinese stocks nearly halved after regulators reach audit deal, Goldman Sachs says Read More »