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Tencent owns a 40% stake in Epic Games. Epic develops the massive video game Fortnite. Tencent owns Riot games 100% outright. Riot Games. Riot brings the world "League of Legends," one of the most popular desktop-based games. Tencent is one of China's big tech players and has its finger in many different pies.
The Chinese Government spies on all data hosted in China or at least it is entitled to spy on it. Tencent has a large contract to review (spy) on behalf of the Chinese Goverment. Tencent also operates one of the largest ISP (internet service providers) in China, which makes it very easy for Tencent to review user traffic and data.
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Riot Games (League of Legends) - 100 %
Epic Games - 40
Bluehole (PlayerUnknown's Battlegrounds) - 11.5 %
Grinding Gear Games (Path of Exile) - 80 %
Activision Blizzard - 5 %
Supercell - 84.3 %
Frontier Developments - 9 %
Yager - Undisclosed investment
Platinum Games - Undisclosed investment
Kakao - 13.5 %:
Paradox Interactive - 5 %:
Fatshark - 36 %:
Funcom - 29 %:
Sharkmob - 100 %:
Chinese ownership is thought to be greater than this. Cheap money is available to Chinese companies wishing to buy into gaming companies worldwide. China is building a position of dominance in the worldwide gaming industry which worries cybersecurity experts. The experts think that China may be developing means of infiltrating gamers devices, desktops and laptops.
In the gaming industry, there is Tencent and then there is everyone else, even Sony Playstation plays second fiddle to Tencent. During the lockdown, Tencent's gaming income rose to $13 bl up 44% near double what the Sony games division raked in at $7bl. That is up tenfold since 2007.
Tencent is the anointed one, China's centrally nominated player in an Industry, the all-powerful one. In China, one is always moving in direction of Bejing, never out of step. In the summer of 2021 Chinese government took further steps to make sure Chinese Tech giants must follow the rules and do as told. Tencent is chaired by China richest man Ma Huateng
Parental Control, Western Parents would kill for
For younger players, there are player blocks. For schoolgoing kids, there are mandated parental controls, such as one-hour playtime blocks, time limits during the week and slightly longer on the weekend, strict control on adult-oriented content, imposed not optional. Music to the ears of western parents, but of course there is a more sinister element as well.
Former US President Trump slammed down the phone and later denied it as fake news in an argument with President Xi about Tencent and TikTok. The next trade war with China will most likely focus on the gaming industry. No one in the west is happy with what China does with the data that passes through Chinese data centres and gaming company servers. The source fodder for Chinese, Russian cyberattacks?
Two of China biggest players TikTok (Bytedance) and Alibaba's Jack Ma, China 3rd richest ma are joining the race to control gaming worldwide n. Gaming now outstrips all other forms of entertainment including sports and China is boss. So that is why it is so important. The Economist has written Fortnite ought to be an Olympic sport.
The richest people in China are behind all of this expansion onto you or your kid's gaming platform, and the Chinese Goverment is behind them controlling them, making sure they do as told. So gamers need protection.
The Chinese goverment mandates parental control in China on all games for kids. Full parental control is enforced on Chinese kids.
Whilst Chinese mandated parental control may suit parents worldwide, Should we do everything we can to protect ourselves from exposing our details, especially our kids' details to them?
Once this information was to know when was the best moment to sell you stuff, however now this information could be used way more creatively, such as mind control.
Every serious gamer I have ever spoken to uses protection for gaming, in fact, if they don't they are not serious about gaming. Gamers are one of the biggest sources of income for the cybersecurity industry. Gamers are smart and just do not want to take a chance. Protection for the Phone, Desktop, home router.
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