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Video gaming

Veteran Chinese video gaming official steps down in wake of market rout linked to proposed rule changes, sources say

by Anas Siddiqui
Veteran Chinese video gaming official steps down in wake of market rout linked to proposed rule changes, sources say

A key Chinese official involved in oversight of the country’s video gaming industry has stepped down after proposed regulation last month wiped out billions of dollars of value from Chinese …

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China approves 105 video games, but Christmas miracle does not revive stocks after suggested spending curbs

by Ron Morgan
China approves 105 video games, but Christmas miracle does not revive stocks after suggested spending curbs

The latest batch of approvals, released by the National Press and Publication Administration (NPPA) on Monday, marked the first time Beijing had approved more than 100 titles in its monthly …

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China to tighten controls on video gaming industry, prompting sell-off in Tencent and NetEase shares

by Anas Siddiqui
China to tighten controls on video gaming industry, prompting sell-off in Tencent and NetEase shares

The proposed regulation immediately prompted investors to dump shares in major Chinese video gaming stocks. Tencent Holdings, the world’s largest video gaming company by revenue. saw its shares fall nearly …

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Tencent launches Dream Star, taking on NetEase’s Eggy Party in bid to take the lead in party games genre

by Anas Siddiqui
Tencent launches Dream Star, taking on NetEase’s Eggy Party in bid to take the lead in party games genre

Tencent Holdings has launched its eagerly awaited casual party game Dream Star in a direct challenge to a similar title by rival NetEase, as the world’s biggest video game publisher …

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Tencent Video’s Legend of Magic Jade mini-drama integrates interactive elements as short-video segment wins eyeballs

by Anas Siddiqui
Tencent Video’s Legend of Magic Jade mini-drama integrates interactive elements as short-video segment wins eyeballs

Chinese online mini-dramas are becoming more interactive with a new series from tech giant Tencent Holdings integrating video-gaming features, as industry players try to win viewers in the fast-growing segment. …

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Ubisoft appoints new Shanghai studio head as French video gaming giant continues to tweak business amid tough conditions

by Anas Siddiqui
Ubisoft appoints new Shanghai studio head as French video gaming giant continues to tweak business amid tough conditions

French video gaming powerhouse Ubisoft Entertainment, the publisher behind hit action-adventure franchise Assassin’s Creed, has appointed a new Shanghai studio head amid a tough environment in the world’s largest video …

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TikTok owner ByteDance retreats from video gaming with cuts at main studio amid a stagnating market dominated by Tencent

by Anas Siddiqui
TikTok owner ByteDance retreats from video gaming with cuts at main studio amid a stagnating market dominated by Tencent

TikTok owner ByteDance is making a big retreat from video gaming with hundreds of lay-offs at its main gaming unit, according to four sources briefed on the matter. Nuverse, ByteDance’s …

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Best Black Friday Deals Still Available: Laptops, TVs, Apple

by Edgar Davis
Best Black Friday Deals Still Available: Laptops, TVs, Apple

Even though Black Friday is still a couple of weeks away, we’re already starting to see a lot of great deals on several different types of products. So, if you …

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Video game streamer Douyu confirms CEO’s arrest in China after weeks of speculation about gambling content

by Anas Siddiqui
Video game streamer Douyu confirms CEO’s arrest in China after weeks of speculation about gambling content

Police in Chengdu, the capital of southwest China’s Sichuan province, said on Wednesday they had arrested a 39-year-old man surnamed Chen on suspicion of opening a casino, a day after …

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Tencent reports better-than-expected third-quarter profit, revenues up on ‘high quality’ growth in ads, games

by Anas Siddiqui
Tencent reports better-than-expected third-quarter profit, revenues up on ‘high quality’ growth in ads, games

Tencent Holdings, operator of China’s biggest social media app and the world’s largest gaming business by revenue, reported a profit decline for the third quarter of 2023 that was still …

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