U.S. Department of the Treasury Committee on Foreign Investment in the United States (CFIUS) has requested game companies, including Riot Games and Epic Games, to provide security agreement information related to user data because they have a holding with Tencent There is a close connection .
Epic and Riot Games, the developer of League of Legends, are wholly-owned subsidiaries of Tencent Holdings. Tencent owns 40% of Epic Games and has developed “PUBG”, “PUBG MOBILE”, “King of Glory” and “Call of Duty Mobile”. Mobile games. Tencent has various investments in other game developers and publishers around the world.
American politicians have set their sights on Tencent’s WeChat and QQ apps, so this latest move is not surprising. CFIUS investigates whether foreign companies’ acquisitions of U.S. companies pose national security risks.
Naijatechnews.com learned that on August 7, Trump issued an executive order prohibiting transactions with Tencent WeChat, which will take effect 45 days from the date of the order. Rubio and other Republican senators also asked the government to review Bytedance’s deal with TikTok’s operations in the United States.
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