Tag: Tencent

  • China Approves New Video Games

    China Approves New Video Games

    China China’s Video Game Industry Takes a Sigh of Relief as New Video Games Approvals Resume After a Long Hiatus. Massive news from the Chinese gaming industry as it finally comes out of a nine-month-long slumber. The Chinese authorities and cultural regulators have finally started approval of new games so they can be published inside…

  • Baidu Has Laid Off Employees Of Its Gaming Unit

    Baidu Has Laid Off Employees Of Its Gaming Unit

    Baidu Swings the Axe and Laid-off more than 100 People. As the crackdown on the gaming industry further intensifies in China, Baidu has laid off more than 100 employees of its gaming unit. The report came to light last week when sources close to the matter disclosed it to the media. The decision was made…

  • The Future Of The Internet Takes Inspiration From Video Games

    The Future Of The Internet Takes Inspiration From Video Games

    The internet future gets inspired by our video games industry. Whoop! At the end of this year, let\’s talk about how this year has introduced the masses to the future of the internet, or let\’s say the internet revolution reloaded. This year many of us got introduced to new terminologies like NFTs, blockchain, cryptocurrency, augmented…

  • Chinese E-Commerce Giant Ali Baba Goes Metaverse

    Chinese E-Commerce Giant Ali Baba Goes Metaverse

    Chinese big tech companies including e-commerce giant Ali Baba heading to Metaverse. Chinese e-commerce giant Ali Baba Holding decides to check its mettle in the future of the internet i.e. the metaverse. Ali Baba Group registered a new company in Beijing named Yuanjing Shengsheng to test the company’s massive potential in metaverse gaming. The move…

  • New Tencent TiMi Studio Launch In Singapore

    New Tencent TiMi Studio Launch In Singapore

    Tencent’s TiMi Studio to Launch new Video Game Development Studio in Singapore. Video game and tech conglomerate Tencent Holdings head to Singapore to launch its new game development studio. Recently, Singapore has become a regional hub for the gaming industry with several big gaming companies like Riot Games and Ubisoft investing in it. Now, Tencent,…

  • Chinese Metaverse Not For Foreign Gaming Companies?

    Chinese Metaverse Not For Foreign Gaming Companies?

    American Gaming Companies Recent Setbacks in China a Huge Blow for A Chinese Metaverse. The outlook of metaverse looks bleak in China amid recent American video games company blows. The challenges faced by Roblox and Epic Games in mainland China could mean a metaverse with no foreign video gaming companies. China is famous for its…

  • Video Game Industry Welcomes Metaverse

    Video Game Industry Welcomes Metaverse

    The Video Game Industry has a lot more Ambition when it comes to Metaverse. From novels to movies to the technology industry to video games, the metaverse is having quite a splendid transition. The idea gained powerful momentum in the past couple of years and many investors, tech giants, and gaming studios are hopping on…

  • Tencent Metaverse Plan

    Tencent Metaverse Plan

    The video gaming and social media giant Tencent has finally rolled out its plans for its metaverse; Tencent Metaverse! Tencent shared the teaser plans for the metaverse in its earning calls. Before Tencent, it was Facebook that took initiative and shared its $10 billion investment plans for the metaverse. Zuckerberg’s plan didn’t provide much for…

  • Jesse Powell, CEO Kraken On Metaverse, Crypto, NFT and gaming

    Jesse Powell, CEO Kraken On Metaverse, Crypto, NFT and gaming

    Jesse Powell of Kraken on the Metaverse and its impact on various domains. Metaverse has become a focal point in the tech industry nowadays with plenty of huge investments already pouring in. Technology giants like Facebook, Microsoft, and Tencent are already in the race to lay claims on the uncharted space of metaverse. The immense…

  • Wake Up Interactive Acquired By Tencent For US$44 million

    Wake Up Interactive Acquired By Tencent For US$44 million

    The Japanese game studio Wake Up Interactive has developed popular Nintendo Switch game Ninjala and helped create Travis Strikes Again: No More Heroes. Tencent Holdings has quietly acquired a Japanese creative studio with several Nintendo Switch hit games to its name as part of a talent acquisition spree in the home of anime and manga, people familiar with the…