US adds web and gaming giant Tencent to list of Chinese military companies
This could be the start of a saga to rival TikTok’s troubles, and embroil Tesla and Microsoft
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Gosh I feel like I've heard Tencent has a stake in some other company that isn't mentioned here yet.
what was it . . . hmmmmm
I'm really not sure which one you mean, because they own interest in a ton of companies.
Tik Tok is what they're referring to
I was thinking of reddit
Tik Tok is the only tencent company I know if that's been labeled a national security risk.
They also have a stake in all these companies...
Legaue of legends
Epic games
Ubisoft
From soft
Activision blizzard
Funcom (Conan games and an upcoming Dune game) and Grinding Gear Games (Path of Exile) as well.
Wtf they own 100% shares of GGG? https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/1887410/shareholdings
Well idk about supporting POE2 now. Or should I not care?
Activision Blizzard
I think the MSFT buyout eliminated their stake in ABK?
Fromsoft is unfortunate, but I honestly don't use any of the rest.
I believe discord is also owned by tencent
Tencent likely has a sizeable stake, but is unlikely to hold a majority stake of Discord.
My mistake the own a large share, enough to have sway
Tencent probably has a stake in a lot of companies.
LoL is not a company, the creator and owner of it is Riot Games.
Again, non of those have been legally banned in the US.
I'm not saying those companies don't exist? Just answering the question of who the top commenter was referring to, which in my opinion is Tik Tok because it's the only one being legally banned.
I was just listing things I know tecenet had a holding in... Like everyone else...