A significant number of smaller game developers could put themselves up for sale in 2019 due to regulatory changes, leading to greater industry consolidation, according to a research report from equity firm Tonghai Securities. Read More
Guangzhou’s Intellectual Property Court has issued an injunction to stop Bytedance-owned video app Watermelon Video from streaming shows that involve Tencent’s wildly popular mobile game, Honour of Kings Read More
Baidu-backed video platform Haokan has accused tech giant Tencent of anti-competitive behavior after its video content was blocked on WeChat Moments, the platform’s equivalent of Facebook’s News Feed. Read More
Tencent pictures announced that the company would collaborate with Paramount Pictures on upcoming films 'Bumblebee' and 'Top Gun 2'. This marks the first collaboration between the Chinese tech giant and the Hollywood studio. Read More
Tencent CEO Pony Ma said his company would “seriously consider” the possibility of a virtual reality (VR) backed WeChat, especially given the speedy communication 5G stands to bring to the internet. Read More
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