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FromSoftware Marvelous Tencent By John Walker Published June 23, 2026 | Comments 3 Tencent is looking likely to bail on a number of video game investments, according to a Bloomberg report . …
… Bloomberg reports that the game’s backer, Chinese conglomerate Tencent, ultimately decided not to move forward with the project as it stands after a recent development review. …
… Back in 2023, Tencent also closed the LA-based Team Kaiju , shuttering its unannounced project as well. …
… Ubisoft keeps making cuts following Tencent deal This is the latest bit of cutting at Ubisoft following 2025’s $1.25 billion Tencent bailout , which split parts of Ubisoft and its franchises up into various studios still technically under control of the main company. …
… Last March, the site penned a deal with tech giant Tencent to streamline their AI initiatives into the market, as well as refine user-made models. …
… Ubisoft’s ongoing restructuring, which included a $1 billion bailout from Tencent, has led to frustration among some employees who have previously called for new leadership at the family-owned and run publisher. 🕹️ Level up your inbox Don’t miss the latest reviews, news and tips. …
… The gaming industry continues hurtling toward rampant consolidation following major acquisitions by entities like Microsoft and investments by big players like Tencent. …
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