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Chinese tech titan Tencent is set to invest $1.25 billion in French video game maker Ubisoft, in exchange for a 25% stake in ...
Tencent's AI gamble is paying off by incorporating all AI into all its businesses. Read more about TCEHY stock here.
The gun has long been pointed at the Assassin's Creed franchise, but Ubisoft has finally pulled the trigger with Tencent's ...
Even though Siege rules the European and North American markets, it's hardly made a dent in Asian markets, such as China, ...
Ubisoft is spinning off some of its top franchises, including "Assassin’s Creed," "Far Cry" and "Rainbow Six," into a new subsidiary funded by Tencent.
Ubisoft announced Tencent has invested €1.16 billion ($1.25 billion) for a minority stake in a newly created subsidiary that ...
Tech giant Tencent on Tuesday unveiled a suite of new artificial intelligence tools capable of converting text and images into 3D visuals in the latest example of growing Chinese momentum in the field ...
Big Chinese technology companies gained on Thursday as investors focused on the evidence that President Donald Trump is willing to negotiate tariffs. That looks to be outweighing the risks of ...
Investors might want to bet on Tencent Holding Ltd. (TCEHY), as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings ...
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 ...