Tencent said to be in talks with US to keep stakes in Riot Games and Epic Games


Source: scmp.com scmp.com

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Tencent Holdings Ltd is negotiating agreements with a US national security panel that would allow it to keep its ownership stakes in US video game developers Riot Games and Epic Games, according to people familiar with the matter. Tencent has been in talks with the Committee on Foreign Investment in the United States (CFIUS), which has the authority to order the Chinese technology giant to divest US. holdings, since the second half of last year, the sources said. CFIUS has been looking into whether Epic Games’ and Riot Games’ handling of the personal data of their users constitutes a national...