The Trump administration wants to know more about U.S.
video game companies’ involvement with China’s Tencent Holdings, whose relationships with American firms includes full ownership of Riot Games, a significant minority stake in Epic Games, and publishing deals with Activision Blizzard.
To note, some of the key US games / tech companies that Tencent has a minority / majority stake in include:.
In August, the Trump administration also threatened to ban the Tencent-made WeChat messaging app.
The latest CFIUS inquiry follows the Trump administration’s ultimatum to ByteDance, the Chinese owners of the social media platform TikTok, to sell that app to a U.S
The Trump administration, calling TikTok’s Chinese ties a threat to national security, took its actions under emergency powers Congress created in 1977