Tencent to Shut Down Team Kaiju
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News/Tencent to Shut Down Team Kaiju
Business
25 December 2023 13:24
Chinese Tencent, has closed down US-based Studio Team Kaiju. According to reports, the decision to shut down Team Kaiju was made in June, and its personnel have since been reassigned to contribute to another game within Tencent. The company was led by Scott Warner, and had been working on a high-budget multiplayer game before the studio's closure. Reports state that Tencent did not release a statement regarding the closure.
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Business
25 December 2023 13:24
Chinese Tencent, has closed down US-based Studio Team Kaiju. According to reports, the decision to shut down Team Kaiju was made in June, and its personnel have since been reassigned to contribute to another game within Tencent. The company was led by Scott Warner, and had been working on a high-budget multiplayer game before the studio's closure. Reports state that Tencent did not release a statement regarding the closure.
Ubisoft has announced a significant step in its transformation, following a $1.25B investment from Chinese tech giant Tencent. This move...
Investments
Mar 28, 2025
Tencent Holdings has reportedly increased its stake in Kadokawa, the parent company of FromSoftware. On Monday, the Chinese tech giant...
Mergers and Acquisitions
Mar 05, 2025
The U.S. Department of Defense has added Tencent, the social media and gaming giant, and CATL, the world’s largest battery...
Drama
Jan 08, 2025
Two Tencent directors have stepped down from Epic Games' board of directors following concerns raised by the US Justice...
Business
Dec 20, 2024
Tencent has become the majority shareholder of Wuthering Waves developer Kuro Games. Tencent now owns a 51.4 percent controlling stake...
Uncategorized
Dec 02, 2024