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League of Legends on a console, Tencent launches TGP box

Parent company of Riot Games, Tencent, has launched a new piece of hardware called the TGP (Tencent Games Platform) box. Acting a little like a Steam machine that runs Windows 10, the system offers Chinese gamers the chance to play popular games like League of Legends, without requiring a gaming …

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New anime to follow career of Esports gamer

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A new anime is set to follow the career of a disgraced esports star, specifically a MOBA player, as he attempts to recapture his emotions, skillset and standing in the leagues. Produced by majority share holder in Riot Games, Tencent, it’s based on the 2012 Chinese Manga, Quan Zhi Gao Shou …

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Riot Games owner Tencent could be buying the UFC

Riot Games owner Tencent may be looking to make one more acquisition after its monstrous buyout of Clash of Clans maker Supercell, as rumours circulating around the Ultimate Fighting Championship (UFC) have it that Tencent may be one of the interested parties. The suggestion is that a collection of firms, …

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Tencent founder makes $2 billion charity stock pledge

The CEO and co-founder of Tencent, parent company of game developers like Riot, has announced that he will donate 100 million of the company’s shares to charity. The move is being hailed as one of the biggest philanthropic gestures in China’s history and is estimated to be worth around $2 billion (£1.39 billion). …

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Tencent now owns Riot Games, League of Legends

Although it started life as an indie developer back in the mid-00s, Riot Games has been anything but for a long time. That’s why over the past few years it’s courted investment from companies like Tencent, a Chinese game publisher and holding company. And now Riot has sold itself body …

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Riot Games’ owner now runs an online bank

Tencent, best known in the gaming world as the parent company of Riot Games and its worldly popular League of Legends, is one of the largest internet firms in China and it now looks set to expand its influence even further with the creation of its own private online bank. …

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Taiwan to investigate Chinese firm over security threats

Taiwan’s government has announced that it is currently undergoing an investigation into the Chinese smartphone manufacturer Xiaomi Inc, over claims that its products and services were a security risk. Potentially the budget smartphone maker could see its products banned in the country entirely. The problem it seems, stems from the …

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Riot Games owner has a 40 per cent stake in Epic Games

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The parent company of League of Legends creators, Riot Games, Tencent, now owns a 40 per cent stake in Epic Games after its $330 million buy up of shares last year, giving it the chance to add a couple of its own executives to the Unreal developer’s board. These are likely …

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