{"id":11211,"date":"2025-01-08T10:44:39","date_gmt":"2025-01-08T10:44:39","guid":{"rendered":"https:\/\/www.bignox.com\/blog\/noxplay1736304278hwmQIyxWvSx0wfWl7kBaD"},"modified":"2025-01-08T10:44:39","modified_gmt":"2025-01-08T10:44:39","slug":"noxplay1736304278hwmQIyxWvSx0wfWl7kBaD","status":"publish","type":"post","link":"https:\/\/www.bignox.com\/blog\/noxplay1736304278hwmQIyxWvSx0wfWl7kBaD\/","title":{"rendered":"US Blacklists Tencent Over Alleged Ties With Chinese Military"},"content":{"rendered":"

In the world of video games, Tencent is one of the major players<\/a> in part because it owns Riot Games–the company behind League of Legends<\/a>–as well as stakes in other companies, including Epic Games. However, the company is now facing serious problems over its alleged ties with the Chinese military.<\/p>\n

According to Bloomberg<\/a>, Tencent is one of several companies that have been blacklisted by the US Defense Department after the government declared them to be Chinese military-affiliated. Tencent and the other companies on the list have the right to appeal that classification, because the ramifications are enormous if that stands. Companies tied to the Chinese military may be removed or delisted from US stock exchanges–though this wouldn’t apply to Tencent specifically, as it’s listed on the Hong Kong stock exchange–and other markets around the world.<\/p>\n

A Tencent spokesperson shared the following statement with GameSpot. <\/p>\n

“Tencent’s inclusion on this list is clearly a mistake. We are not a military company or supplier. Unlike sanctions or export controls, this listing has no impact on our business. We will nonetheless work with the Department of Defense to address any misunderstanding<\/i>.\u201d<\/p>\n

In after-hours trading, Tencent felt the first ramifications of this news when its shares fell 7.3% to $49.31. If Tencent fails to appeal and it is delisted, the company could lose a great deal of money and it’s unclear how that would affect Riot Games. Tencent recently attracted the US government’s attention<\/a> over two members it named to Epic’s board of directors. The Justice Department noted that the Clayton Act is meant to prevent board members from one company serving on a rival company’s board as well. Consequently, Riot Games’ Ben Feder and David Wallerstein resigned from Epic’s board, and Tencent relinquished its right to name any additional members to Epic.<\/p>\n

Tencent also owns a 16% stake in Elden Ring<\/a> developer From Software, and it is reportedly developing a mobile version of that title<\/a>. Additionally, Tencent is a minor owner of Assassin’s Creed publisher Ubisoft, and recent reports indicate that the former is interested in increasing its stake<\/a> in the latter. Thus far, Ubisoft and Tencent have not reached a deal about the future of the publisher.<\/p>\n

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NoxPlayer is a free Android emulator for playing mobile games on PC and Mac, supporting Android 5, 7, 8, and 9, and compatible with Intel, AMD, and Apple processors. You can run NoxPlayer perfectly on commonly-used operating systems like Windows 7, 8, 10, 11, and iOS.<\/p>\n

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Visit our site to learn more about NoxPlayer : www.bignox.com<\/a><\/p>\n

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Source:Gamespot<\/span><\/a><\/span><\/section>\n","protected":false},"excerpt":{"rendered":"

In the world of video games, Tencent is one of the majo […]<\/p>\n","protected":false},"author":1,"featured_media":5,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[291],"_links":{"self":[{"href":"https:\/\/www.bignox.com\/blog\/wp-json\/wp\/v2\/posts\/11211"}],"collection":[{"href":"https:\/\/www.bignox.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bignox.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bignox.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bignox.com\/blog\/wp-json\/wp\/v2\/comments?post=11211"}],"version-history":[{"count":0,"href":"https:\/\/www.bignox.com\/blog\/wp-json\/wp\/v2\/posts\/11211\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bignox.com\/blog\/wp-json\/wp\/v2\/media\/5"}],"wp:attachment":[{"href":"https:\/\/www.bignox.com\/blog\/wp-json\/wp\/v2\/media?parent=11211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bignox.com\/blog\/wp-json\/wp\/v2\/categories?post=11211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bignox.com\/blog\/wp-json\/wp\/v2\/tags?post=11211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}