Chinese tech giant Tencent said it last year dismissed more than 120 employees for violating its anti-fraud rules, including for corruption and embezzlement.
Tencent halted the development of a highly anticipated mobile game based on Square Enix's "Nier" franchise in December, according to three people with knowledge of the matter, marking a setback in the
Pony Ma, chief executive and co-founder of Tencent Holdings , has said that the company's video games business faces great challenges from competitors but is catching up in artificial intelligence (AI
As the S&P 500 hits new highs, Chinese stocks are closing in on lows reached more than a decade ago.
Tencent (OTCMKTS: TCEHY ) layoffs are a hot topic on Tuesday as subsidiary Riot Games announces plans to cut jobs around the world. Riot Games, the developer behind the multiplayer online battle arena
Riot Games, the developer of the popular "League of Legends" multiplayer battle game, is joining other tech companies that have been trimming their payrolls with a layoff of 11% of its staff.
Beijing has quietly pulled the proposed curbs on the video game industry from the official website, weeks after the draft guidelines wiped tens of billions of dollars off the market value of local tit
China's gaming regulator has removed from its website rules it proposed last month aimed at curbing spending and rewards that encourage playing video games, checks by Reuters on Tuesday showed, in a m
Riot said it's cutting headcount for Legends of Runeterra and giving up on an initiative to publish games from indie developers.
Videogame maker Riot Games on Monday said it would lay off around 530 employees globally, or around 11% of its total staff, as it tries to narrow its focus after making what executives said were sever
Tencent Holdings' Riot Games plans to lay off 530 employees, or about 11% of staff globally, the online gaming company said on Monday in a blog that included a letter to staff from CEO Dylan Jadeja.
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