Ubisoft CEO Yves Guillemot's internal memo to employees about the new spun-off, 1/4th-held Tencent subsidiary and future org ...

The Trump administration has backed off from its plan to ban the export of Nvidia’s H20 AI chips to China. The move comes ...

Nvidia CEO Jensen Huang secured a concession from the Trump administration regarding H20 AI chip exports to China after ...

Ubisoft is spinning off Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six into a subsidiary backed by Tencent, ...

Sun Zhonghuai, vice president of TENCENT (00700.HK) (TCEHY.US) and CEO of Tencent Video, revealed at the main forum of the ...

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily ...

Tencent ( OTCPK:TCEHY) will invest €1.16B to take a 25% stake in the new unit, which would value it at pre-money enterprise value around €4B -- significantly higher than Ubisoft's valuation as a ...

Tencent's 25% acquisition of Ubisoft may impose discipline and unlock value. Read to know why UBSFY would now focus on ...

who is also CEO of Tencent’s Cloud and Smart Industries Group. The company said it expected tens of thousands of young pupils would benefit from the new initiative with technological support ...

Ubisoft says the new subsidiary, backed by Tencent’s investment, “will drive further increases in quality of narrative solo ...

In an effort to save itself after a few rocky years, Ubisoft is opening a new subsidiary with investment from Tencent that ...