Data Debate

    • Oracle and Walmart could pay a combined $12 million for a piece of TikTok Global.
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Several video game developers are facing scrutiny from the Trump administration over their data security protocols. Riot Games and Epic Games, among others, have been asked to provide information around their dealings with the Chinese company Tencent.

Tencent has been one Chinese company at the center of a data security scuffle between the White House and China — mainly because of its WeChat app. It has more than 300 investments in its portfolio and its U.S. assets could be worth at least $22 billion and account for up to 7% of its sales.

Tencent’s Gaming Holdings:

  • Owns the Los Angeles-based Riot Games — which developed and published League of Legends and Valorant.
  • Has a 40% stake in Epic Games — the developer of Fortnite.