In brief: As investors search for ways to stabilize Ubisoft following years of poor financial performance, buyout talks with major shareholder Tencent are progressing. Although multiple options ...
86 Research analyst Chaoyi Chai upgraded Tencent Music (TME) to Buy from Hold with a $14 price target Discover the latest stocks recommended by top Wall Street analysts, all in one place with ...
Jiong Shao, an analyst from Barclays, maintained the Buy rating on Tencent Music Entertainment Group (TME – Research Report). The associated price target remains the same with $16.00.
WASHINGTON, Dec 18 (Reuters) - Two directors of Epic Games who had been appointed by Chinese gaming and social media firm Tencent Holdings (0700.HK), opens new tab resigned from the board of the ...
In a statement, the department said that by being simultaneously on two competing companies' executive boards, Tencent was violating Section 8 of the Clayton Act, a US law designed to protect ...
According to a media report, Apple is in talks with the Chinese tech companies Tencent and ByteDance to find a partner with whom the iPhone manufacturer can also launch its artificial intelligence ...
Tencent Holdings Ltd. removed two directors it appointed to the board of Epic Games Inc. after the US Justice Department deemed the positions a violation of antitrust laws. China’s most valuable ...
Ubisoft is reportedly in talks with Tencent for a buyout that would keep the Guillemot family in control while taking the company private. The buyout comes after a tough year for Ubisoft ...
By Kanishka Singh WASHINGTON (Reuters) -Two directors of Epic Games who had been appointed by Chinese gaming and social media firm Tencent Holdings resigned from the board of the Fortnite video ...
Chinese tech giant Tencent doesn’t seem to be affected by US export bans of computer chips that are crucial to the development of artificial intelligence systems – but even if such bans were ...
However, Tencent is said to be holding off taking part in the buyout and increasing its stake in Ubisoft until it has been promised a greater influence when it comes to future board decisions.
Ubisoft is said to be in talks with Tencent for a buyout, aiming to have the Guillemot family retain control. Ubisoft employees are reportedly concerned about the company's future. Shareholders ...