Read from dualshockers:
The U.S Government is scrutinizing game developers with ties to Tencent, the Chinese tech giant with a diverse investment portfolio, including Activision, Bluehole, Ubisoft, Paradox and Blizzard.
The administration is now asking gaming companies to “provide information about their data-secrutiy protocols involving Chinese technology giant Tencent Holdings LTD., people familiar with the matter said.”
Tencent is the world’s largest gaming company. It completely owns League of Legends and Valorant developer Riot, and has a 40 percent stake in Epic Games, the creators of Fortnite. The US Treasury Department has sent letters to various companies with ties to Tencent asking them to send over data regarding security protocols and how Americans’ personal data is protected.
It’s not entirely clear what could come of this situation. If the Trump administration decides that companies like Epic and Riot should be treated the same as WeChat and TikTok, the two, among others, could be forced to seek U.S ownership or be banned from the country.
The U.S Government is scrutinizing game developers with ties to Tencent, the Chinese tech giant with a diverse investment portfolio, including Activision, Bluehole, Ubisoft, Paradox and Blizzard.
The administration is now asking gaming companies to “provide information about their data-secrutiy protocols involving Chinese technology giant Tencent Holdings LTD., people familiar with the matter said.”
Tencent is the world’s largest gaming company. It completely owns League of Legends and Valorant developer Riot, and has a 40 percent stake in Epic Games, the creators of Fortnite. The US Treasury Department has sent letters to various companies with ties to Tencent asking them to send over data regarding security protocols and how Americans’ personal data is protected.
It’s not entirely clear what could come of this situation. If the Trump administration decides that companies like Epic and Riot should be treated the same as WeChat and TikTok, the two, among others, could be forced to seek U.S ownership or be banned from the country.