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Tencent

Lighthouse Games lands additional funding from Tencent
AppWizard
June 3, 2025

Lighthouse Games lands additional funding from Tencent

UK-based developer Lighthouse Games has received another round of funding from Tencent, although the exact amount is undisclosed. Founded in 2023 by Gavin Raeburn, the studio aims to accelerate the development of its inaugural title with this investment. This funding follows an earlier investment from Tencent in the same year, indicating a growing partnership. Lighthouse Games plans to enhance its operations in Leamington Spa to explore innovative creative avenues for their debut title in the driving genre.
What's driving growth in the Chinese video game industry?
AppWizard
May 20, 2025

What’s driving growth in the Chinese video game industry?

The Chinese game industry has experienced significant growth, with popular titles like Genshin Impact and Black Myth: Wukong driving global interest. Black Myth: Wukong sold 10 million copies within a week of its August 2024 launch and won Game of the Year at the 2024 Steam Awards. The single-player game market in China is becoming more sustainable, with a shift in focus due to the success of titles like Black Myth: Wukong. Developers are adapting their strategies, although challenges such as high production costs, competition, and issues related to work culture persist. Local governments are actively supporting game development through licensing, tax breaks, and grants, with initiatives aimed at integrating cultural themes into games. Despite layoffs in the industry, a robust social safety net exists to support affected employees.
Platkin joins letter pushing messaging app to stop fentanyl trafficking
AppWizard
May 13, 2025

Platkin joins letter pushing messaging app to stop fentanyl trafficking

New Jersey Attorney General Matt Platkin has joined a bipartisan coalition of attorneys general to address concerns regarding the encrypted messaging app WeChat, which is believed to facilitate fentanyl trafficking in the United States. This group claims that WeChat enables traffickers to launder money, particularly through transactions from China to Mexico. They have urged the app to take immediate action against these "dangerous and unlawful" activities. The attorneys general emphasize a pattern of complicity by WeChat in facilitating money laundering related to fentanyl trafficking, with a DEA agent stating that criminal activities are openly occurring on the platform.
TecentDB PostgreSQL will provide full support for PG 17
Tech Optimizer
April 24, 2025

TecentDB PostgreSQL will provide full support for PG 17

TencentDB for PostgreSQL has introduced robust security measures including data encryption, Virtual Private Cloud (VPC) isolation, and process monitoring for compliance with international standards. PostgreSQL 17.0 features enhanced logical replication with slot failover, performance optimizations such as batch I/O page read/write and improved Write-Ahead Logging, and operational enhancements like incremental backups and a transaction timeout parameter. Tencent has developed features for resource management, including fine-grained multi-tenant resource management with CPU resource isolation and process-level monitoring, as well as SQL throttling. Cold/hot data separation solutions include the 'cos_fdw' plugin for accessing cold data and the 'starocks_fdw' plugin for integrating with the StarRocks analytics engine. Security auditing has been improved with an Express Edition for basic needs and an Advanced Edition for broader audit coverage. These enhancements aim to balance performance and cost, maximize resource efficiency, and strengthen compliance.
English is no longer the biggest language on Steam as Chinese gamers embrace PC gaming even harder after Black Myth: Wukong
AppWizard
March 27, 2025

English is no longer the biggest language on Steam as Chinese gamers embrace PC gaming even harder after Black Myth: Wukong

Mandarin is the most widely used language on Steam, with 33.7% of users selecting it as their primary language, followed closely by English at 33.5%. Over 66% of Steam users have chosen a primary language other than English. The popularity of games developed by Chinese companies, such as Genshin Impact and Honkai: Star Rail, has contributed to this trend. Chinese game developers often have significantly larger budgets and workforces compared to Japanese developers. Additionally, Mandarin speakers are not only from mainland China but also from Taiwan, Singapore, and Malaysia, with reports of the language being encountered in South Korea and Vietnam in 2023.
Tencent backs new Ubisoft subsidiary
AppWizard
March 27, 2025

Tencent backs new Ubisoft subsidiary

Ubisoft has established a new subsidiary dedicated to its major franchises, including Assassin's Creed, Far Cry, and Tom Clancy's Rainbow Six. This entity will manage both upcoming titles and the existing catalog, allowing for increased investment and development. Tencent has invested €1.16 billion for a 25 percent stake in this subsidiary, which is valued at approximately €4 billion. Ubisoft's current market capitalization is around €1.91 billion. The move is part of Ubisoft's strategy to transform its operating model and build strong game ecosystems. There have also been discussions about potentially selling some of Ubisoft's intellectual properties to companies like Microsoft and EA.
Assassin's Creed Shadows hits 2 million players, putting it on track to be the series' most successful game yet
AppWizard
March 23, 2025

Assassin’s Creed Shadows hits 2 million players, putting it on track to be the series’ most successful game yet

Assassin's Creed Shadows has gained over 2 million players just three days after its launch, surpassing the launches of AC Origins and Odyssey. It reached 1 million players within the first 24 hours, breaking the record previously held by AC Valhalla. Currently, Shadows has around 60,000 concurrent players, nearing Odyssey's record of 62,069. Ubisoft is in discussions with Tencent for a potential investment in a new intellectual property unit that includes the Assassin's Creed franchise. The game has received approximately 81.7% favorable reviews on Steam, with PC Gamer rating it at 80%.
As Epic Games continue ignoring Linux / Steam Deck for Fortnite they're putting it on Windows Arm
Winsage
March 14, 2025

As Epic Games continue ignoring Linux / Steam Deck for Fortnite they’re putting it on Windows Arm

Epic Games announced on March 13th that they are expanding Fortnite and their Epic Online Services Anti-Cheat to support Windows Arm devices in collaboration with Qualcomm Technologies, Inc. This initiative aims to enhance accessibility for Fortnite on Windows on Snapdragon devices later this year. While Epic's Easy Anti-Cheat supports Linux, it lacks full kernel-level functionality, leading to some games withdrawing support for Linux. CEO Tim Sweeney has expressed skepticism about supporting Fortnite on the Steam Deck until it has a substantial user base. Despite challenges with the Epic Games Store, Epic remains focused on platforms that can deliver significant revenue, particularly as the Windows on Arm segment grows. The future of Fortnite on Linux is uncertain, but there is optimism regarding the Steam Deck's expanding user base, which logged 330 million hours in 2024, a 64% increase from the previous year.
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