Tag: Tencent

Qualcomm joins Tencent and Vivo on new AI initiative for mobile gaming

As smartphones become more powerful, they’ll be able to offer better artificial intelligence performance for gaming and other applications. Qualcomm wants to make sure that it stays at the bleeding edge of AI mobile technology, so the chipmaker is working with Tencent and Vivo on a new initiative called Project Imagination. The companies announced their […]

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Newzoo: Top 25 public game companies generated over $100 billion in 2018 revenue

Market researcher Newzoo reported that the top 25 public game companies account for nearly 80 percent of the global market, and they generated $107.3 billion in revenue out of a total $134.9 billion market in 2018. That was the first time the top 25 have exceeded $100 billion in annual revenue. Tencent was the No. […]

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The DeanBeat: The landscape of gaming in 2019

This weekend, Disney, Electronic Arts, and Respawn Entertainment are expected to take the wraps off Star Wars: Jedi Fallen Order, a new video game that will explore an untold part of the Star Wars universe. It is expected to come out this fall, and it could be another sign that EA’s most valuable studio may […]

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Google’s Stadia bet: Breaking barriers — if the games and tech can support it

How about this for an idea: a digital entertainment platform which can stream high-quality content from a remote data center to any device, anywhere in the world. Sound familiar? How about one step further, offering spectators the chance to either sit back and watch or jump straight into the screen. Enter Google Stadia. The announcement […]

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Global video streaming market is largely controlled by the usual suspects

Weeks after Steven Spielberg took a swing at Netflix and Hulu, the Hollywood legend had a change of heart about the medium this Monday. He appeared at Apple’s star-studded event to help the iPhone-maker launch a streaming service. The embrace comes as people are increasingly cutting their cable connections and moving to a streaming service […]

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Steven Ma interview — How Tencent is more than just a big game investor

Steven Ma joined Tencent in 2007, when most people in the world probably had not heard about the Shenzhen, China-based company. Now Tencent is the world’s largest gaming company, and Ma runs that business. Tencent has also become one of the world’s most valuable technology conglomerates, one of the world’s largest social media companies, and […]

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Activision shows off Call of Duty Mobile at Unity GDC event

Activision showed off gameplay visuals from Call of Duty Mobile at Unity Technologies’ press event at the Game Developers Conference in San Francisco. The free-to-play game is open for pre-registration on Android and iOS, which means that players will get notified for downloading the game when it’s ready for distribution. This is an example of […]

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Unity partners with Tencent to help game devs get into China

Unity chief executive officer John Riccitiello will partner with Tencent to support Tencent Cloud. This will be available later this year. Riccitiello made the announcement during Unity’s press event at Game Developers Conference 2019 in San Francisco. Tencent Cloud is a cloud computing service from China’s largest game company. It promises a secure and high-power […]

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App Annie: Mobile gaming made 20% more than other markets

Market researchers App Annie and IDC have released their Gaming Spotlight 2018 Review Report, which highlights worldwide growth in the mobile gaming industry. Notably, it shows that mobile gaming generated 20 percent more revenue than console, PC, and handheld gaming. This includes all digital and physical spending, but it does not include ad revenues. Above: […]

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Amy Webb’s ‘The Big Nine’ predicts the impact of AI and tech giants over the next 50 years

The year is 2023, and Google, Microsoft, and other influential AI companies join an international coalition of businesses and democratic governments to declare AI a public good. Using China’s AI strategy as motivation, teachers preparing people for an automated future are paid more, and federal funding for AI projects grows so big it relieves the […]

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Tencent reportedly wants to release Apex Legends in China

Apex Legends is the latest battle royale to take over gaming, and that means it is drawing the attention of Chinese megapublisher Tencent. That company wants to work with Apex Legends publisher Electronic Arts on bringing a version of the game to China, according to South China Morning Post report. I’ve reached out to Tencent […]

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Don’t sleep on Latin America, game publishers

When mobile app developers consider the next markets, Latin America isn’t often top of mind. After all, if you look at top countries by game revenue, Mexico and Brazil come at 12th and 13th, well behind China, the U.S. and Japan — regions that receive the lion’s share of big developers’ focus. But numbers are […]

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Chinese regulators start approving mobile games for Tencent, NetEase, and Perfect World

After a long delay, big Chinese game publishers Tencent, NetEase, and Perfect World are getting their mobile games approved for the Chinese market again. China’s new gaming regulator, the State Administration of Press and Publication (SAPP), last week released a list of digital games that have been granted a license for publication. Tencent, NetEase, and […]

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Sensor Tower: Monster Strike, Brawl Stars stand out on mobile in December 2018

It was another Merry Christmas for Mixi, as Monster Strike once again led the revenue estimates from December according to Sensor Tower, a mobile market research firm. Supercell also partook in this holiday cheer, with its latest game, Brawl Stars, leading the download estimates. And Fortnite just keeps chugging along. Mobile gaming should’ve raked in more […]

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App Annie: China drove 40% of mobile app spending and nearly half of all downloads in 2018

China may be slowing iPhone sales worldwide, but Chinese people are driving Apple’s App Store business. In fact, China accounted for nearly 50 percent of all app downloads in 2018, pushing the global downloads count to reach a record 194 billion, according to research firm App Annie. China, which is the world’s largest smartphone market, also […]

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TikTok owner Bytedance unveils Snapchat clone Duoshan

On the heels of teen-focused social app TikTok’s skyrocketing popularity, parent company Bytedance today announced Duoshan, a standalone video-messaging app that borrows a page from Snapchat’s playbook. Duoshan, which is Chinese for “flashes,” allows users to record and send each other short videos that disappear after 72 hours. The company says it will initially focus on […]

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Indian tech startups raised a record $10.5 billion in 2018, but concerns remain

India’s tech startups closed 2018 on a record high note, securing several major deals to further cement the nation’s position on the world map. But despite an influx of money from international investors, the local ecosystem’s overall health has some concerned. The year saw a high-profile acquisition, the emergence of new unicorns, and more startups than […]

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Discord raises $150 million as it starts establishing its PC game store

One of the biggest platforms in gaming has put some more cash in its pockets. Discord has raised $150 million in its latest round of funding at a $2.05 billion valuation. Investment group Greenoaks Capital led the funding round. Firstmark, Tencent, IVP, Index Ventures, and Technology Opportunity Partners also contributed. Discord plans to use the cash […]

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Indian food delivery startup Swiggy raises $1 billion from Naspers, Tencent, others

Indian food delivery startup Swiggy today announced a $1 billion funding round led by South African ecommerce and investment firm Naspers. This is the firm’s latest bet on the booming tech market in world’s second most populous nation. Swiggy, which serves food from 50,000 restaurants and has a fleet of 120,000 delivery people in India, will […]

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Microsoft researchers beat Tencent and Intel in autonomous greenhouse competition

Members of Microsoft Research, together with students from Dutch and Danish universities, have won a cucumber-growing competition held in autonomous greenhouses at Wageningen University and Research in Holland. Team Sonoma, as it’s known, beat out competitors from Tencent, Intel, and human horticulture experts and was the only team to grow more than 50 kilograms of […]

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