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Trump admin looking into Tencent’s US gaming investments

SilentPanda

SilentPanda

Member
Nov 6, 2017
13,725
Earth
The US government is reportedly scrutinizing Chinese tech giant Tencent and the US gaming companies in which it has an investment interest. Bloomberg reports that the Treasury Department's Committee on Foreign Investment in the US (CFIUS) has asked companies including Epic Games and Riot Games to answer questions about their data-security standards, according to "people familiar with the matter."
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Representatives for Epic and Riot were not immediately available to respond to a request for comment from Ars Technica.
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The company has owned 93 percent of League of Legends developer Riot Games since 2011 (and 100 percent since 2015) and 40 percent of Epic Games since 2012. The conglomerate also owns majority shares in Clash of Clans developer Supercell and Path of Exile developer Grinding Gear Games, as well as smaller shares in companies including Ubisoft, Activision Blizzard, Funcom, Discord, and PlayerUnknown's Battlegrounds maker Bluehole.
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"Epic does not share user data with Tencent or any other company," Epic CEO and co-founder Tim Sweeney said in response to such concerns in a December 2018 Reddit thread. "We don't share it, sell it, or broker access to it for advertising like so many other companies do. I'm the founder and controlling shareholder of Epic and would never allow this to happen."
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arstechnica.com

Report: Trump admin looking into Tencent’s US gaming investments

Riot Games, Epic Games reportedly asked for info on data security standards.
arstechnica.com arstechnica.com
 
jon bones

jon bones

Member
Oct 25, 2017
26,024
NYC
Not content with killing everyone & ruining the country, gotta make sure we can't have a little escapism either 😭
 
Pet

Pet

More helpful than the IRS
The Fallen
Oct 25, 2017
7,070
SoCal
ROFL if Trump kills League of Legends, it will be amazing to behold.
 
Link

Link

Banned
Oct 26, 2017
3,623
Killing off Tik Tok and League of Legends. Really going for that youth vote, I see.
 
Temascos

Temascos

Member
Oct 27, 2017
12,521
Man, if Tencent gets booted or something crazy like that, it will be a shockwave for a lot of developers. Doubt anything will happen, and especially this is likely because of Trump's dislike of China more than any logical concern.
 
Rendering...

Rendering...

Member
Oct 30, 2017
19,089
Bet the alt-right crowd is partaking of some epic lulz right about now. Their president is doing great things for gamers. Also, the death of net neutrality was a huge win.
 

Deleted member 16657

User requested account closure
Banned
Oct 27, 2017
10,198
Epic:

YAxu1wI_d.webp
 
Tackleberry

Tackleberry

Member
Oct 31, 2017
4,833
Alliance, OH
First he started with social media, next is the forms of entertainment.

Perfectly fine with having US movies and games in China.... but god forbid a Chinese owned company tries to sell something here.

I can not wait to vote that racist asshole out of office... and watch him end up in handcuffs.
 
jon bones

jon bones

Member
Oct 25, 2017
26,024
NYC
Tackleberry said:
First he started with social media, next is the forms of entertainment.

Perfectly fine with having US movies and games in China.... but god forbid a Chinese owned company tries to sell something here.

I can not wait to vote that racist asshole out of office... and watch him end up in handcuffs.
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he's hitting education too with his hitler youth shit
 
ultraluna

ultraluna

Member
Jun 3, 2020
1,901
It's so awkward seeing people siding with authoritarian practices from a racist man screaming yellow peril just to shit on a gaming company.
 
inner-G

inner-G

Banned
Oct 27, 2017
14,473
PNW
CountAntonius said:
I want to understand something here. Is your and this forums hatred for Sweeney because Epic money hate PC exclusives?
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That's what started it

But I hate how he is hypocritical about doing what is good for gamers

And I think it's embarrassing how epic sued Apple and thinks it can advise them on running a storefront when the EGS is such a trash heap that no one wants to use it except for free games or Fortnite.
 
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