US authories have iniated a national secury review of Tencent’s stakes in Epic Games and Riot Games, viewing the investments as potential threats.
Concerns center on Tencent’s abily to access data from millions of American users through these gaming platforms.
CFIUS Probes Deepen
The Commtee on Foreign Investment in the Uned States (CFIUS), under the Treasury Department, has convened meetings to address secury risks posed by Tencent’s ownership in these US game developers.
Officials signal they may not perm Tencent to retain these stakes, potentially leading to forced divestures.
Tencent plans to maintain operations of s gaming subsidiaries uninterrupted despe the scrutiny.
Key Ownership Details
Tencent currently holds roughly 28% of Epic Games, headquartered in North Carolina, and 40% of Riot Games, based in Los Angeles.
These platforms offer Tencent direct pathways to extensive US user data, heightening national secury alarms.
The Biden administration regards Tencent as intertwined wh Chinese government interests, prompting blocks on further mergers and acquisions in the sector.
