US EditionCould the Trump Administration Rerun the TikTok Playbook on Fortnite?
Tencent holds a 28% stake in Epic Games and other investments under review for national security risks tied to user data access, officials said.
- President Trump's administration is weighing forcing Tencent to abandon its U.S. gaming investments as top officials assess security risks ahead of talks with President Xi Jinping next month.
- Amid growing scrutiny, officials point to the U.S. Department of Defense's classification of Tencent as a Chinese military company last year, and Cfius has reviewed Tencent for years.
- With a 28 percent stake in Epic Games, Tencent also wholly owns Riot Games and has major holdings in Supercell, based in Finland, maker of Clash of Clans.
- Officials may force divestments or demand data protections, reshaping ownership of major game makers, as the Trump administration may compel Tencent to divest or secure data safeguards; neither the White House nor Tencent or Epic responded.
- Against a backdrop of earlier tech pressure, officials are assessing whether Tencent's investments, including stakes in Epic Games and Supercell, could jeopardize data of millions of U.S. players, following last summer's Cfius review.
25 Articles
25 Articles
Could the Trump administration rerun the TikTok playbook on Fortnite?
A source familiar with the matter recently informed the Financial Times that top White House officials are discussing whether to force Tencent to divest its ownership stakes in American and Finnish game companies. Internal negotiations between Tencent and multiple US agencies date back to the first Trump administration, when the...Read Entire Article
Trump Administration Debating Allowing Chinese Company Tencent to Keep Its Stakes in U.S. Gaming Companies Such as Fortnite Maker Epic and League Dev Riot
President Trump's administration is currently debating whether to allow Chinese megacorp Tencent's stakes in major U.S. companies such as Fortnite maker Epic Games and League of Legends developer Riot Games to continue.The FT reports that "top officials" have met to assess the security risk of Tencent's investments in numerous U.S. and Finnish gaming firms ahead of President Trump's meeting with Chinese President Xi Jinping next month.Tencent ha…
Trump administration reportedly reviews whether Tencent can retain stakes in US gaming companies · TechNode
The Trump administration is engaged in intense discussions over whether to allow Tencent to continue holding stakes in US and Finnish gaming companies, according to Reuters. The debate centers on Tencent’s investments in Epic Games, Riot Games and Supercell, involving globally popular titles such as Fortnite, League of Legends and Clash of Clans. League of Legends Sources familiar with the matter said US cabinet officials had initially planned t…
Times of India
The Economic TimesTrump administration debates allowing Tencent to keep its gaming stakes: Report
The White House is reportedly debating whether to let Tencent retain its stakes in major video game companies, including U.S. firm Epic Games and Finnish developer Supercell. Top officials are assessing if these investments pose a national security risk ahead of President Trump's meeting with Chinese President Xi Jinping.
News from HD Technology. Visit www.hd-tecnologia.com for the latest news. The technological tension between the United States and China continues to escalate. Following the case of TikTok, the focus now moves to Tencent, one of the most important giants in the gaming industry. According to reports, Donald Trump’s administration would be evaluating measures to force the Chinese company to reduce or sell its stakes in US companies. If concrete, th…
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