Yesterday, US President Joe Biden revoked the orders of his predecessor Donald Trump, who demanded to ban TikTok, WeChat and a number of other Chinese applications in the country. Instead, he ordered to carefully study all applications from “foreign opponents” and assess their danger.

Many Chinese gaming companies have rather harsh working conditions — specialists work six days a week from 9 am to 9 pm. However, Lightspeed & Quantum studio, owned by Tencent and developed PUBG Mobile, decided to fight crunches. To do this, she made a number of small concessions for her employees.This was reported by analyst Daniel Ahmad.

The Chinese giant Tencent continues its expansion into the American market. The company announced the opening of a new office in Los Angeles, which will employ hundreds of people. This is the fifth Tencent office in the United States.The new office is located in the area of Playa Vista, which is part of the territory of the so-called “Silicon Beach” (Silicon Beach).

The Chinese giant Tencent has problems at home. She was sued by the Beijing Center for the Protection of Children’s Rights (BCLARC), which was not satisfied with the game Honor of Kings. According to human rights activists, the title encourages gambling addiction and shows “unacceptable content”: openly dressed characters, violence and a distorted history of China.

Call of Duty Online is a free—to-play version of the shooter, available exclusively in China. Tencent has decided to stop supporting the game after six years on the market. It is reported that after the servers are closed, players will be offered to transfer accounts to Call of Duty: Mobile.This became known on May 31 on the official Call of Duty Online website.

The analytical company Niko Partners calculated that by mid—May 2021, Tencent had managed to conclude over 50 deals with gaming companies. This is already 1.6 times more than in the whole of 2020, and five times more than in 2019. In their new study, analysts told what forces the Chinese colossus to invest so actively in the industry.

Accendo Capital, one of Remedy‘s investors, has sold 500,000 shares of the Finnish hits forge to Tencent. This is 3.8% of Remedy’s outstanding shares and votes.

Xbox Game Studios will now work closely with the Chinese TiMi Studios, the “daughter” of Tencent and the developers of Honor of Kings and Call of Duty: Mobile. We are talking about creating game content, but both companies have not yet disclosed the details of the partnership.This became known today from the official press release.

China’s Tencent is suing DD373.com — a platform for trading in-game items. The corporation claims that all virtual content in games (resources, weapons, skins, etc.) belong exclusively to it. Even if gamers spend real money on it. The giant’s statement immediately caused a lot of indignation among the players.

The competition between Tencent and ByteDance is gaining momentum. This time, TikTok‘s parent company has invested ¥100 million ($15.4 million) in Reworld, the local equivalent of Roblox. The deal occurred after Roblox China, supported by Tencent, received a license to work in China.

Tencent continues to invest in other companies and increase its activity in the M&A market. This time, the Chinese giant acquired 20.6% of the local indie studio Surgical Scalpels. She is currently developing Boundary, a multiplayer space shooter for PS4 and PC.

Chinese TiMi Studios is part of Tencent and is known for such hits as Honor of Kings and Call of Duty Mobile. Last year, its revenue reached a fabulous $10 billion. Now the company intends to make not only mobile games, but also projects for other platforms.This is reported by Reuters with reference to two sources familiar with the situation.

The world leader buys a local indie studio a week after a new law is passed in the United States, which strikes at all public Chinese companies.

In China, partnerships with Western brands that do not want to buy cotton from Xinjiang have begun to be massively terminated. Among others, gaming companies joined the boycott. For example, Tencent. Yesterday, the industrial giant removed skins made by the British luxury brand Burberry from its Honor of Kings game.

PUBG Mobile continues to set new records. For the entire period of operation, the revenue of the Tencent project amounted to $ 5.1 billion. At the same time, most of this amount fell on the Chinese version of the game.According to analysts from Sensor Tower, PUBG Mobile’s revenue amounted to $2.7 billion last year alone.

Last October, China’s two largest gaming streaming services Huya and DouYu announced a merger. However, then the deal turned out to be questionable — it attracted the attention of the local antimonopoly service. The companies themselves are positive, but Tencent, which controls them, is rumored to be concerned about the situation and has already discussed it with the authorities.

Tencent reported results for the fiscal year ended December 31. The company’s revenue exceeded $70 billion, and its revenue from games increased by 35% year-on-year and amounted to almost half of the total amount.Overall results for the fiscal year

PUBG Mobile downloads are growing rapidly. To date, the battle royale has been downloaded a billion times. This is despite the fact that the original version of the title for PC and consoles is played by 12 times fewer gamers.

Chinese giant Tencent continues to expand. This time, the company bought a minority stake in the Czech studio Bohemia Interactive, known for the franchises DayZ and Arma.