Trump’s executive order against Tencent will not affect its games businesses

US Donald Trump has signed two executive orders – one that will prohibit Americans from doing business with TikTok-owner ByteDance, and the second prohibits transactions related to the app WeChat, owned by Tencent.

The news, which comes from Forbes, immediately set off concerns that Tencent’s considerable number of video games businesses would be affected by the order.

https://twitter.com/SamAugustDean/status/1291576813685108736

According to LA Times reporter Sam Dean, a White House official has confirmed that the executive order only blocks WeChat-related transactions, meaning that Tencent’s video games businesses remain unaffected.

As Dean states in a later Tweet, this was almost impossible to distinguish from the executive order itself, leading some to worry that Tencent’s subsidiary companies, such as Riot Games, or companies it owns varying stakes in, such as Epic Games, Activision-Blizzard, Supercell, Grinding Gear Games, Netmarble and others.

About Chris Wallace

Chris is MCV/DEVELOP's staff writer, joining the team after graduating from Cardiff University with a Master's degree in Magazine Journalism. He can regrettably be found on Twitter at @wallacec42, where he mostly explores his obsession with the Life is Strange series, for which he refuses to apologise.

Check Also

Activision Blizzard Logo

Activision Blizzard employees say that Bobby Kotick’s statement “fails to address their concerns”

"We will not return to silence, we will not be placated by the same processes that led us to this point."