League of Legends
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X @Bloomberg
Bloomberg· 2025-12-18 22:13
Riot Games has a secret plan its refresh its 'League of Legends' game. 'League Next' is coming in 2027. https://t.co/Rsw3mGtdI0 ...
Huya Serves as the Official Organizer and Exclusive Streaming Platform for the 2025 Demacia Cup
Prnewswire· 2025-12-15 11:30
Core Points - Huya Inc. has been appointed as the official organizer and exclusive streaming platform for the 2025 Demacia Cup, a prominent League of Legends tournament in China [1][2] - This is the first time since the tournament's inception in 2014 that hosting rights have been granted to a third party, indicating Huya's growing influence in the League of Legends e-sports ecosystem [2][3] - The tournament will feature 14 League of Legends Pro League (LPL) teams and two streamer squads, running from December 15, 2025, to January 3, 2026 [2] Company Overview - Huya Inc. is a leading provider of game-related entertainment and services, offering live streaming, video content, and a variety of services across gaming and e-sports [4] - The company has developed a robust entertainment ecosystem utilizing AI and advanced technologies, catering to a diverse community of game enthusiasts and industry partners [4] - Huya has expanded its services to include game distribution, in-game item sales, and advertising, while continuing to grow its presence both in China and internationally [4]
Paramount says China's Tencent withdrew from its Warner Bros bid to avert national security issues
Yahoo Finance· 2025-12-10 07:22
Core Viewpoint - Tencent Holdings has withdrawn its bid to acquire Warner Bros Discovery to avoid potential national security scrutiny from the U.S. government [1][2]. Group 1: Tencent's Withdrawal - Tencent dropped its $1 billion financing commitment for the acquisition due to concerns that it would be classified as a "non-U.S. equity financing source," which could trigger a review by the Committee on Foreign Investment in the United States (CFIUS) [2]. - The decision to withdraw was made despite the fact that CFIUS approval was not a condition for the bid [2]. Group 2: Paramount's Takeover Bid - Paramount has launched a hostile takeover offer valued at $77.9 billion for Warner Bros Discovery, competing against Netflix for the acquisition of the company that owns HBO, CNN, and a prominent movie studio [3]. - Foreign sovereign wealth funds from Saudi Arabia, Abu Dhabi, and Qatar are providing $24 billion for Paramount's bid and have agreed to relinquish management rights to avoid additional scrutiny [3]. Group 3: National Security Concerns - CFIUS reviews are often applied to significant deals involving foreign companies, assessing potential national security risks [4]. - The U.S. Treasury Department has been strengthening its review powers under both former President Biden and former President Trump due to rising national security concerns regarding foreign investments [5]. Group 4: Tencent's Profile - Tencent is a major player in the gaming and social media sectors, owning Riot Games and having partnerships with various U.S. entertainment brands, including a streaming deal with the NBA [6][7]. - The company is the world's largest equity investor in online games and operates the WeChat messaging and payments service in China and among Chinese expatriates [7]. - Tencent has a market capitalization exceeding $700 billion, as reported by the Hong Kong stock exchange [7].
Tencent quits Paramount's Warner Bros bid amid US regulatory concerns
Yahoo Finance· 2025-12-09 09:30
Core Viewpoint - Tencent Holdings has withdrawn from the takeover bid for Warner Bros Discovery by Paramount Skydance Corp to avoid increased scrutiny of foreign investments in the US [1][2][4] Group 1: Tencent's Involvement - Tencent had initially pledged US$1 billion as part of Paramount's proposal to acquire Warner Bros, but was removed as a financing partner in the latest all-cash offer of US$30 per share [2][4] - The decision to remove Tencent was influenced by concerns from Warner Bros regarding potential reviews by the Committee on Foreign Investment in the United States (CFIUS) [2][4] Group 2: Regulatory Environment - Tencent's withdrawal highlights the tightening regulatory environment for Chinese investments in significant US media and technology deals [4] - The US Department of Defense designated Tencent as a "Chinese military company" in January 2025, leading to increased scrutiny of its activities in the US [5][6] Group 3: Tencent's Financial Position - Tencent has a market capitalization of approximately US$700 billion and over US$20 billion in cash and equivalents as of the end of September, indicating strong financial capacity for overseas acquisitions [5] - The company holds stakes in several US tech and gaming firms, including Epic Games and Snap Inc., despite the regulatory challenges it faces [5]
X @Elon Musk
Elon Musk· 2025-11-25 06:41
Let’s see if @Grok 5 can beat the best human team @LeagueOfLegends in 2026 with these important constraints:1. Can only look at the monitor with a camera, seeing no more than what a person with 20/20 vision would see.2. Reaction latency and click rate no faster than human.Join @xAI if you are interested in solving this element of AGI.Note, Grok 5 is designed to be able to play any game just by reading the instructions and experimenting. ...
Globant and Riot Games Announce Partnership to Elevate Esports Player and Fan Experiences
Prnewswire· 2025-11-06 14:00
Core Insights - Globant and Riot Games have announced a multi-year strategic partnership aimed at enhancing innovation initiatives and fan communities in esports, particularly for League of Legends and VALORANT [1][2][6] - The partnership will focus on technological advancements, including artificial intelligence to improve esports viewing experiences and mobile integration capabilities [2][6] Company Overview - Riot Games, founded in 2006, is known for its player-focused games, with League of Legends being one of the most-played PC games globally. The company has expanded its portfolio with titles like VALORANT and has created significant esports events [4] - Globant is a digitally native company with over 30,000 employees across 35 countries, specializing in digital transformation and AI solutions for various industries, including media and entertainment [5] Partnership Details - The collaboration is described as the largest agreement in the gaming sector for Globant, emphasizing their commitment to pushing technological boundaries in esports [6] - Both companies share a vision of leveraging technology and creativity to enhance community engagement and entertainment experiences for players and fans [3][6]
Esports Giant Ninjas in Pyjamas Expands Bitcoin Operation, Aims to Mine $16M in BTC Monthly
Yahoo Finance· 2025-11-04 19:45
Core Insights - NIP Group is significantly expanding its Bitcoin mining operations, aiming to produce 160 BTC per month, which translates to over $16 million at current prices, up from a previous target of 60 BTC per month [1] - The company's total mining capacity has increased to a hash rate of 11.3 EH/s, making it approximately the 12th-largest publicly traded Bitcoin miner globally by hash rate [2] - The expansion is supported by the acquisition of Bitcoin mining rigs with a combined hash rate of approximately 8.19 EH/s, with a transaction involving over 314 million Class A ordinary shares set to close in December [4] Company Strategy - NIP Group views the Bitcoin mining expansion as a natural extension of its existing investments, aiming for cross-product integration, particularly in AI computing and gaming applications [3] - The company plans to increase its Bitcoin holdings and hash rate while considering market conditions for selling Bitcoin to cover operational costs [3] Financial Performance - NIP Group's stock has experienced significant volatility, debuting at $10 per share and dropping 75% to $2.43 by June 2025, with a further decline of over 5% to $1.61 recently, marking an 87% decrease from its all-time high [5][6]
X @Ansem 🧸💸
Ansem 🧸💸· 2025-09-12 13:40
Social Media Engagement - The document mentions a user (@elchefdesol) attempting to engage with another user (@blknoiz06) and "ansem" [1] - The engagement involves playing League of Legends [1]