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  • Remedy is Working with Tencent on a New Co-op Game

    in News

    Remedy is Working with Tencent on a New Co-op Game

    The game is currently codenamed Vanguard.

    Remedy Entertainment just penned a deal with Tencent to develop a new co-op multiplayer game currently codenamed Vanguard. Remedy made this new announcement themselves earlier today through their investors page.

    Vanguard is being billed as an upcoming "free-to-play, co-operative PvE shooter" that will combine "Remedy's narrative expertise and action gameplay into an immersive multiplayer experience." Vanguard...
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  • Tencent Acquires Turtle Rock Studios

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    Tencent Acquires Turtle Rock Studios

    The former Valve subsidiary turned independent studio is now owned by Tencent.

    Tencent has announced that they have acquired Turtle Rock Studios, the development studio responsible for Back 4 Blood and Left 4 Dead. The press release sent out today says that Tencent acquired Turtle Rock Studios' parent company, Slamfire, Inc.

    Though Turtle Rock Studios is now owned by Tencent, the studio will reportedly retain its independent operations in their California based location....
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  • China Imposes Three Hour Weekly Limit on Playing Games

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    China Imposes Three Hour Weekly Limit on Playing Games

    Also, you can only play on weekends and holidays.

    Starting September 1st, companies operating in China will be required to limit online gaming to just three hours per week for minors. This was a new rule that was just passed by Chinese regulators. This is a change from a previous restriction started in 2019 that allowed for up to 1.5 hours of game time per day.

    According to a report from Bloomberg, those under the age of 18 will only be allowed to game for one hour between...
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  • Tencent Invests in Bohemia Interactive

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    Tencent Invests in Bohemia Interactive

    And another one.

    Bohemia Interactive announced today that the tech giant known as Tencent has taken a minority stake in their company. As this is just a minority stake, Bohemia says that they will continue to operate independently for the foreseeable future. ...
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  • Dontnod Partially Acquired by Tencent

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    Dontnod Partially Acquired by Tencent

    Life sure is strange.

    The Life is Strange and Vampyr developers at Dontnod now have a little financial boost courtesy of the Chinese tech giant, Tencent. Tencent has acquired a minority stake in Dontnod, a company that was valued at roughly $41M (USD).

    Dontnod says that these new funds from Tencent will help them create more games for more markets across all platforms. In particular, it seems as though this new business venture will allow Dontnod to break into Chinese...
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  • Tencent Buys Majority Stock in Don't Starve Developer

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    Tencent Buys Majority Stock in Don't Starve Developer

    Tencent is once again making moves.

    Tencent has purchased a majority stock in Klei Entertainment, the development studio behind Don't Starve. This was divulged from Klei Entertainment themselves through a forum announcement.

    As part of this agreement, Klei will retain "full autonomy of creative and operations across all aspects of the studio, including projects, talent, and more." It certainly sounds as if Tencent will be very hands off but will still get the...
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  • Tencent Now Supporting System Shock 3 Development

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    Tencent Now Supporting System Shock 3 Development

    The announcement comes direct from Otherside Entertainment.

    Earlier in the day on May 20, Otherside Entertainment announced that development on System Shock 3 is now being supported by everyone's favorite China based mega-corp, Tencent. Yay? Is this a yay situation? Who honestly knows anymore.

    Otherside Entertainment made the announcement both via Twitter and through an official statement on their website.



    I see what you did there with the "deep...
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  • Tencent Looking to Fully Acquire Conan Developer Funcom

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    Tencent Looking to Fully Acquire Conan Developer Funcom

    The Chinese tech giant already owns 29% of Funcom.

    In August 2019, Tencent became the largest shareholder of game developer Funcom. The Chinese tech giant had upped their ownership to 29% at that point in time. Today, Tencent announced that they have created a cash offer to acquire all shares of Funcom.

    As it stands, Funcom is publically traded on the Oslo Stock Exchange. Tencent is looking to acquire shares from all other shareholders. They are offering them 17 Norwegian...
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  • Blizzard Employees Walkout in Protest of Unjust Ban on Pro-Hong Kong Hearthstone Player

    A small group of Blizzard employees are protesting against the actions of their employer.

    A small group of Activision-Blizzard employees staged a walkout on Tuesday afternoon of this week to protest against their employer. Earlier this week, Blizzard had banned a professional Hearthstone player, Chung "Blitzchung" Ng Wai, after he voiced his support for the pro-democracy Hong Kong protesters. Blitzchung voiced his support during a post-game interview during an official livestream....
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  • Call of Duty: Mobile Surpasses 35 Million Downloads

    Call of Duty: Mobile Surpasses 35 Million Downloads

    Not bad for a game released three days ago.

    Activision announced today that Call of Duty: Mobile has surpassed 35 million downloads across iOS and Android devices. According to the publisher, this game has been downloaded faster than any other first-person or third-person mobile action game. Of course, this factoid is based off of Activision's own internal estimates.

    Still, Call of Duty: Mobile was released on October 1, a mere three days ago. To have already hit 35 million...
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  • Tencent Becomes Largest Shareholder in Developer Funcom

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    Tencent Becomes Largest Shareholder in Developer Funcom

    The Chinese tech powerhouse now owns 29% of Funcom.

    Funcom, the developer behind games like Conan Exiles and Age of Conan, looks to be the latest game development studio that Tencent has set its sights on. Tencent has picked up a 29% stake in Funcom. This makes the Chinese tech and game company the largest shareholder in Funcom.

    It's perhaps no real surprise that Tencent wants a piece of Funcom as the studio recently had its most profitable year. Funcom and Legendary Entertainment...
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  • Call of Duty: Mobile Announced

    Call of Duty: Mobile Announced


    Call of Duty: Mobile was announced today. Take your favorite maps, modes, and characters with you in the palm of your hand from across the various Call of Duty stories. The game is being developed by Tencent's studio, Timi. It's coming for both Android and iOS and will also include multiple game modes when released.

    It will be published by Activision, obviously. It will be a free-to-play title at release. I'm assuming that the game will contain in-app purchases. I would be absolutely...
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  • Tencent Acquires 36% Ownership in Warhammer: Vermintide 2 Developer Fatshark

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    Tencent Acquires 36% Ownership in Warhammer: Vermintide 2 Developer Fatshark


    Fatshark, the development studio behind Warhammer: Vermintide 2 now has a new investor and it's none other than Tencent. That's right, the very same Tencent that seems to have their investment filled hands in what feels like everything, including Epic Games (40%) and Ubisoft (5%). They also have a majority ownership of Riot Games and Supercell. Of course, this is all just the tip of the iceberg for the tech giant.

    According to the Swedish website DI Digital, Tencent paid around...
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  • No Man's Sky's "Next" Update Coming this Summer to PS4, PC, and... Xbox One

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    No Man's Sky's "Next" Update Coming this Summer to PS4, PC, and... Xbox One

    Some big news today for No Man's Sky. Hello Games announced that a massive "Next" update for the game will be released this Summer. It will be free to those who own the PlayStation 4 and PC versions of the game. Oh, also the game will be released on the Xbox One. Yep, the game that Sony once talked up quite a bit and was console exclusive for the PlayStation 4 will hit the Xbox One this Summer along with a new, free content update for everyone. It will also be released for or via WeGa...
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  • No Man's Sky's "Next" Update Coming this Summer to PS4, PC, and... Xbox One

    Some big news today for No Man's Sky. Hello Games announced that a massive "Next" update for the game will be released this Summer. It...
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