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Ubisoft Delays Earnings Release on Due Date, Requests Trading of Its Shares Be Halted
In a statement, Ubisoft said it had also asked Euronext to halt trading of its shares and its bonds until its results are published and would “will inform the market of the date on which trading will restart.”
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Ubisoft Launches Tencent-Backed Subsidiary, Vantage Studios, to Run Assassin's Creed, Far Cry, and Rainbow Six
Ubisoft has launched its Tencent-backed subsidiary, Vantage Studios, which will handle the company's three biggest franchises. Vantage will be responsible for development and expansion of Assassin's Creed, Far Cry, Rainbow Six.
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Ubisoft Forms New Subsidiary for Assassin's Creed, Far Cry and Rainbow Six Franchises Backed by Tencent
Ubisoft is forming a new dedicated subsidiary for its core IPs of Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six in an effort to transform its operations, the company announced Thursday. The new entity will be backed by a €1.16 billion investment from Chinese conglomerate Tencent, which will hold a minority stake in the subsidiary.
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Tencent Raises Stake in FromSoftware Parent Kadokawa to 7.97 Percent: Report
Tencent Holdings has reportedly increased its stake in FromSoftware parent company Kadokawa. The Chinese firm is said to have acquired additional 1.11 percent shares of Kadokawa on Monday, raising its ownership in the company from 6.86 percent to 7.97 percent.
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Tencent’s AI Bot Passes DeepSeek as China’s Favorite on iPhones
Tencent Holdings’s Yuanbao became the most downloaded iPhone app in China this week. It overtook DeepSeek to claim the position. With this, Tencent has stolen a march on rivals like Alibaba and Baidu, which have made bigger bets on AI than the Shenzhen company.
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Tencent, Guillemot Family Said to Consider Buyout of Ubisoft After Market Value Dips
After Ubisoft lost more than half its market value this year, Tencent Holdings and Ubisoft Entertainment SA’s founding Guillemot family are considering a potential buyout. The Chinese tech company and Guillemot Brothers have been speaking with advisers to help explore ways to stabilise Ubisoft and bolster its value.
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Missing Banking Tycoon Bao Fan Resurfaces, Resigns From All Roles At China Renaissance
After an absence of nearly a year, Bao Fan, the Chinese billionaire banker, has stepped down from all positions within his company, China Renaissance Holdings.
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League of Legends, Valorant Developer Riot Games to Lay Off About 11 Percent of Staff
Tencent Holdings' Riot Games plans to lay off 530 employees, or about 11 percent of its staff globally, the online gaming company said on Monday in a blog that included a letter to employees from CEO Dylan Jadeja.
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China's Tencent To Join AI Race, Unveil AI Chatbot "Hunyuan" Soon
China's internet giant Tencent Holdings said that it will unveil an artificial intelligence (AI) chatbot on Thursday, according to a social media post it published on Wednesday.
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Tencent Begins Testing of Self-Developed AI Model; Integrates With Internal Services, Products
China's Tencent Holdings said on Thursday that it has started internal testing of its self-developed artificial intelligence (AI) model, which is now being integrated with a number of internal services and products. In a statement sent to Reuters on Thursday, Tencent said its foundation AI model named "Hunyuan" has been integrated with a range of ...
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Ubisoft Delays Earnings Release on Due Date, Requests Trading of Its Shares Be Halted
In a statement, Ubisoft said it had also asked Euronext to halt trading of its shares and its bonds until its results are published and would “will inform the market of the date on which trading will restart.”
-
Ubisoft Launches Tencent-Backed Subsidiary, Vantage Studios, to Run Assassin's Creed, Far Cry, and Rainbow Six
Ubisoft has launched its Tencent-backed subsidiary, Vantage Studios, which will handle the company's three biggest franchises. Vantage will be responsible for development and expansion of Assassin's Creed, Far Cry, Rainbow Six.
-
Ubisoft Forms New Subsidiary for Assassin's Creed, Far Cry and Rainbow Six Franchises Backed by Tencent
Ubisoft is forming a new dedicated subsidiary for its core IPs of Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six in an effort to transform its operations, the company announced Thursday. The new entity will be backed by a €1.16 billion investment from Chinese conglomerate Tencent, which will hold a minority stake in the subsidiary.
-
Tencent Raises Stake in FromSoftware Parent Kadokawa to 7.97 Percent: Report
Tencent Holdings has reportedly increased its stake in FromSoftware parent company Kadokawa. The Chinese firm is said to have acquired additional 1.11 percent shares of Kadokawa on Monday, raising its ownership in the company from 6.86 percent to 7.97 percent.
-
Tencent’s AI Bot Passes DeepSeek as China’s Favorite on iPhones
Tencent Holdings’s Yuanbao became the most downloaded iPhone app in China this week. It overtook DeepSeek to claim the position. With this, Tencent has stolen a march on rivals like Alibaba and Baidu, which have made bigger bets on AI than the Shenzhen company.
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Tencent, Guillemot Family Said to Consider Buyout of Ubisoft After Market Value Dips
After Ubisoft lost more than half its market value this year, Tencent Holdings and Ubisoft Entertainment SA’s founding Guillemot family are considering a potential buyout. The Chinese tech company and Guillemot Brothers have been speaking with advisers to help explore ways to stabilise Ubisoft and bolster its value.
-
Missing Banking Tycoon Bao Fan Resurfaces, Resigns From All Roles At China Renaissance
After an absence of nearly a year, Bao Fan, the Chinese billionaire banker, has stepped down from all positions within his company, China Renaissance Holdings.
-
League of Legends, Valorant Developer Riot Games to Lay Off About 11 Percent of Staff
Tencent Holdings' Riot Games plans to lay off 530 employees, or about 11 percent of its staff globally, the online gaming company said on Monday in a blog that included a letter to employees from CEO Dylan Jadeja.
-
China's Tencent To Join AI Race, Unveil AI Chatbot "Hunyuan" Soon
China's internet giant Tencent Holdings said that it will unveil an artificial intelligence (AI) chatbot on Thursday, according to a social media post it published on Wednesday.
-
Tencent Begins Testing of Self-Developed AI Model; Integrates With Internal Services, Products
China's Tencent Holdings said on Thursday that it has started internal testing of its self-developed artificial intelligence (AI) model, which is now being integrated with a number of internal services and products. In a statement sent to Reuters on Thursday, Tencent said its foundation AI model named "Hunyuan" has been integrated with a range of ...
