Tencent closed its TiMi Montréal studio after nearly five years, without ever releasing a game, as Chinese giants scale back funding for Western game studios
The game industry's contraction is unrelenting. — ∙ Paid — Tencent has shut down its TiMi Montreal studio without …
Tencent closed its TiMi Montréal studio after nearly five years, without ever releasing a game, as Chinese giants scale back funding for Western game studios
The game industry's contraction is unrelenting. — ∙ Paid — Tencent has shut down its TiMi Montreal studio without …
Sources: in recent months, Tencent aggressively hired AI researchers from ByteDance, including by offering to double their salaries, and reorganized its AI team
The Information :
Assassin's Creed franchise boss Marc-Alexis Côté departs Ubisoft, two weeks after the game moved under Ubisoft's new Vantage Studios unit; Côté joined in 2005
Just days after brand becomes operated by Tencent-funded subsidiary.
Tens of thousands of overworked employees have left their jobs at China's largest tech companies in recent years, as the industry lost its growth momentum
- As of the end of 2023, China's BAT - Baidu, Alibaba and Tencent - had a combined total of 364,477 employees, a drop of nearly 25,000 from a year before
Tens of thousands of overworked employees have left their jobs at China's largest tech companies in recent years, as the industry lost its growth momentum
- As of the end of 2023, China's BAT - Baidu, Alibaba and Tencent - had a combined total of 364,477 employees, a drop of nearly 25,000 from a year before X: @jeff4malaysia and @tomorrownook X: Jeff Oo...
S-1: Sam Altman has an 8.7% stake in Reddit, making him the third-largest shareholder, behind Advance Magazine Publishers, with 30.1%, and Tencent, with 11%
This makes him the third-largest shareholder in Reddit, behind Advance (30 percent) and Chinese tech company Tencent (11 percent). … X: Alexei Oreskovic / @lexnfx : Sam Altman is set to be one of bigg...
Tencent-owned Riot Games plans to lay off 530 employees globally, or ~11% of its staff, saying Riot had “more than doubled in headcount” over the past few years
The cuts, which amount to about 11% of staff, were announced Monday in a blog post and letter to employees.
Tencent says it fired 100+ employees in 2022 for suspected bribery and embezzlement; CEO Pony Ma reportedly called out staff corruption in a December meeting
Coco Feng / South China Morning Post :
Sources: at a town hall, Tencent CEO Pony Ma ranted for 10 minutes about staff laziness, graft, “superficial” reforms, Tencent's aging social network, and more
Many multinational CEOs like to close out the year with a message of congratulations.