Current Events > President signs executive order that would ban transactions with Tencent

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Antifar
08/06/20 10:09:52 PM
#1:


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CADE FOSTER
08/06/20 10:11:22 PM
#2:


Why 45 days?
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TheVipaGTS
08/06/20 10:11:29 PM
#3:


Hmm indeed

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Kami_no_Kami
08/06/20 10:11:39 PM
#4:


Nice, actually.
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ZeroX91
08/06/20 10:12:09 PM
#5:


...hmm...that is gonna have a lot of unintended consequences.

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StarReaper13
08/06/20 10:12:11 PM
#6:


big if true

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Ignore when people say that the title length is not important, that a title should just convey what the game is about. They're just jealous theirs isn't as long
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CADE FOSTER
08/06/20 10:12:37 PM
#7:


really should ban all chinese companies from operating in America tbh the ccp controls them all
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Antifar
08/06/20 10:12:45 PM
#8:


CADE FOSTER posted...
Why 45 days?

Presumably these sorts of things are timed so as not to catch unaware people in violation of the order? But I couldn't say why that time frame specifically.
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FL81
08/06/20 10:12:52 PM
#9:


Tencent sucks, but this is still a bad idea

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Blue_Inigo
08/06/20 10:13:55 PM
#10:


Game industry is gonna have a fit

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Unsugarized_Foo
08/06/20 10:13:56 PM
#11:


CADE FOSTER posted...
really should ban all chinese companies from operating in America tbh the ccp controls them all

Just because they'll assign members of the military to their boards doesnt mean that...right?

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Hexenherz
08/06/20 10:14:40 PM
#12:


Antifar posted...
Presumably these sorts of things are timed so as not to catch unaware people in violation of the order? But I couldn't say why that time frame specifically.
Maybe it's a big PR stunt before all the states file lawsuits and get it struck down before it ever goes fully into force. It'll be out of the news cycle by then >_>

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CasualGuy
08/06/20 10:15:19 PM
#13:


Valorant, dota 2

What else does this kill?

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Antifar
08/06/20 10:15:53 PM
#14:


CasualGuy posted...
Valorant, dota 2

What else does this kill?

Tencent owns 40 percent of Epic, 5 percent of Activision, 5 percent of Ubisoft...
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DarthAragorn
08/06/20 10:15:56 PM
#15:


CasualGuy posted...
Valorant, dota 2

What else does this kill?

Epic Games in general iirc
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Unsugarized_Foo
08/06/20 10:16:33 PM
#16:


CasualGuy posted...
Valorant, dota 2

What else does this kill?

PUBG and LoL?

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CADE FOSTER
08/06/20 10:16:36 PM
#17:


Wish he would man up and tell the clowns at ms and apple to bring there plants back to America
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ZeroX91
08/06/20 10:17:22 PM
#18:


CasualGuy posted...
Valorant, dota 2

What else does this kill?
https://www.pcgamer.com/every-game-company-that-tencent-has-invested-in/

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#19
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SocksForWokMAX2
08/06/20 10:18:58 PM
#20:


CasualGuy posted...
Valorant, dota 2

What else does this kill?

Nothing really that important and I play LoL a lot.
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DEKMStephens
08/06/20 10:19:18 PM
#21:


This will be interesting.

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StarReaper13
08/06/20 10:19:18 PM
#22:


CasualGuy posted...
Valorant, dota 2

What else does this kill?
I didn't know about Dota, but Riot so League is fucked, PUBG (even though it isn't that relevent anymore lmao)

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Questionmarktarius
08/06/20 10:19:31 PM
#23:


Anyone have the text of the order?
This is going to be an interesting read.
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Hexenherz
08/06/20 10:19:49 PM
#24:


I thought DOTA 2 was owned by Valve.

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MrToothHasYou
08/06/20 10:20:15 PM
#25:


Lmfao wow

Can genuinely say I didnt see this one coming.

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LightningAce11
08/06/20 10:20:20 PM
#26:


So epic games, riot games, reddit, tik tok and so many more will be gone unless it's sold to an american company.
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voldothegr8
08/06/20 10:20:34 PM
#27:


We love Tencent now!?!

Also it will be glorious if this is what ends up killing the Epic store.
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nfearurspecimn
08/06/20 10:21:34 PM
#28:


I feel a little bad for the gamers getting shafted by this, but overall seems like a good thing. Like what's bad about this anyway?

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pikachupwnage
08/06/20 10:21:40 PM
#29:


I do feel it should be illegal for any Chinese company to own any stock in any US company simply because China exerts too much control over companies in its country and thus by proxy will often or be in position to do similar things.

But all transactions period is a bit far and also almost certainly not something he has authority to do.

Fuck Winnie the Pooh.

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pogo_rabid
08/06/20 10:21:45 PM
#30:


p sure tencent is trying to buy Digital Extremes (warframe) right now

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brotrrwinner
08/06/20 10:22:22 PM
#31:


Would this actually affect Epic Games, since Tencent only owns a part of the company?

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ZeroX91
08/06/20 10:22:27 PM
#32:


Hexenherz posted...
I thought DOTA 2 was owned by Valve.
Maybe they publish it in china? Idk

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StarReaper13
08/06/20 10:22:27 PM
#33:


voldothegr8 posted...
Also it will be glorious if this is what ends up killing the Epic store.
It'd be crazy, but in a good way.

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Unsugarized_Foo
08/06/20 10:22:46 PM
#34:


I think tencent has some blizzard and activision too

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#35
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CADE FOSTER
08/06/20 10:23:12 PM
#36:


Just ban American companies from working with china at all tbh
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ZeroX91
08/06/20 10:24:05 PM
#37:


brotrrwinner posted...
Would this actually affect Epic Games, since Tencent only owns a part of the company?
Worst case scenario they have to pick one market or the other and lose a shit ton of profit

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CADE FOSTER
08/06/20 10:26:02 PM
#38:


brotrrwinner posted...
Would this actually affect Epic Games, since Tencent only owns a part of the company?

yeah they would have to buy back what tencent bought
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Zeeak4444
08/06/20 10:27:56 PM
#39:


Interesting.

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Hexenherz
08/06/20 10:29:09 PM
#40:


pogo_rabid posted...
p sure tencent is trying to buy Digital Extremes (warframe) right now
I only play Warframe like one day every half a year but that would be pretty shitty.

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Maeiv
08/06/20 10:30:16 PM
#41:


So he is essentially trying to force TenCent to sell whatever shares/holdings it has in all these companies...like TikTok

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CADE FOSTER
08/06/20 10:39:07 PM
#42:


Maeiv posted...
So he is essentially trying to force TenCent to sell whatever shares/holdings it has in all these companies...like TikTok

basically but hope Trump knows the ccp has its tendrils in tons of American companies
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StarReaper13
08/06/20 10:42:18 PM
#43:


FUCK I TAKE IT BACK

Tencent has their claws in Platinum Games too goddamn it.

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Alpha218
08/06/20 10:43:32 PM
#44:


my LoL friends are freaking out

glad I cut the cord with that game a while ago

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CADE FOSTER
08/06/20 10:45:14 PM
#45:


Since 2016 China has invest 150 billion in American companies they are deep in America
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Tyranthraxus
08/06/20 10:46:51 PM
#46:


RIP Fortnite

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Alpha218
08/06/20 10:47:44 PM
#47:


i wonder if trump actually has the power to do this

this will inevitably be challenged in court

there's too much money tied up here not to

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DarkRoast
08/06/20 10:48:36 PM
#48:


Wonder what this does to Fortnite

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#49
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WilliamPorygon
08/06/20 10:49:54 PM
#50:


As much as I hate Trump... good, fuck Tencent

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