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Yesterday, US President and orange man Donald Trump signed an executive order that says ByteDance (parent company of WeChat) and Tencent (parent company of TikTok) are now enemies of the state and a threat to national security. The order was vaguely worded but data collection and data mining have been tied to WeChat and TikTok – so in 45 days transactions related to either service and their parent companies will be prohibited! This implicates a lot of very big video games and publishers because TenCent owns, oh ya know, EVERYTHING. Epic and Fortnite come to mind immediately as well as Riot and League of Legends. Even video game website Fanbyte is owned by Tencent. So what does this all mean for our precious videogames? Well stick around and find out, right here on Inside Gaming Daily.
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SOURCES
[Public Pool] Subject: Executive Order on Addressing the Threat Posed by WeChat https://bit.ly/3ijTbWv
[Polygon] Riot Games now owned entirely by Tencent https://bit.ly/3knvfTX
[Fortune] China’s Tencent Folds Yet Another Video Game Company Into Its Empire https://bit.ly/3fBH8lB
[Wikipedia] Tencent https://bit.ly/30Dusqn
