Regulatory look at Fortnite and League of Legend makers could unravel Tencent’s gaming empire, analysts say

//Regulatory look at Fortnite and League of Legend makers could unravel Tencent’s gaming empire, analysts say

Regulatory look at Fortnite and League of Legend makers could unravel Tencent’s gaming empire, analysts say

Trouble for Tencent Holdings is only just beginning in the gaming industry, experts say. Bloomberg reported on Thursday that the Committee on Foreign Investment in the United States (CFIUS) is investigating Tencent-owned video game companies, but despite these headwinds, the case may not be as strong as the one recently made against TikTok.CFIUS has sent letters to Epic Games, Riot Games and other Tencent-affiliated gaming companies inquiring about their security protocols for handling user…

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By | 2020-09-18T12:45:18+00:00 September 18th, 2020|Technology|Comments Off on Regulatory look at Fortnite and League of Legend makers could unravel Tencent’s gaming empire, analysts say