Tencent's stock crashes 16% in minutes as China announces guidelines aimed reducing "excessive gaming."

[Pull Up the Roots]

Tried to tell ya nikkas.





Right again as usual



#1 WOAT contender.

How? This is one of the downsides to company hoarding. It's an example of why large-scale M&A is bad for gaming.

 

[7th Letter Specialist]

This shyt wild, but I can't blame them. These games are way to predatory now. Between micro transactions and sports betting I know these companies gotta be feasting

 

[Gizmo_Duck]

“I tried to tell y’all M$ should be buying up all these companies”

Folks is shameless

You expect any less from grown ass black men that call phil spencer their uncle and sarah Bond and that chinese girl valkyries?

 

[NZA]

well...ive seen more than one video of a seemingly healthy young asian fall out dead in a game cafe. i hate private behavior being regulated but they know their people better than i do

 

[King Sun]

Perhaps some of these companies will re-think opening their culos to the CCP for profit and not much else.

Word to getting your IP stolen AND getting financially pushed out. This has been years in the making. China been trying to kill the gaming industry there since before the pandemic. They think it's made a generation of socially inept ladyboys. And given their birthrate and lack of women....yeah, they need them dudes to be fukking not gaming.

Or dudes don't want to underwork for pennies.

 

[MajesticLion]

Everything cannot be about the money.

 

[itsyoung!!]

I wouldnt be mad if the government put a 1-2 hour time limit imbedded in phones that limit all social media use (twitter, meta, tiktok) would maybe snap some of the population back to reality

 

[The Mad Titan]

You’re like the kid growing up in school that used to sit away with the aid drooling on himself in the corner

Whatever you got to say to make yourself feel better

 

[The Mad Titan]

“I tried to tell y’all M$ should be buying up all these companies”

Folks is shameless

No I told y'all silly nikkas that anyone of the big three is better than tencent, embracer or some random who hasn't proven themselves as dedicated to in the game industry can go under or back out at any time.


Has nothing to do with Microsoft, I also told y'all the industry was in a busting bubble. Y'all again had jokes, and that consolidation is a norm. Now here we are, not even out of 2023 and everything I've said has been accurate.

 

[ORDER_66]

Tencent should have never been allowed to purchase american gaming company stock it was blatant but that falls on the sec

 

[gurf]

No I told y'all silly nikkas that anyone of the big three is better than tencent, embracer or some random who hasn't proven themselves as dedicated to in the game industry can go under or back out at any time.


Has nothing to do with Microsoft, I also told y'all the industry was in a busting bubble. Y'all again had jokes, and that consolidation is a norm. Now here we are, not even out of 2023 and everything I've said has been accurate.

Not a damn person in this forum was hype about Tencent nor embracer buying up all of these studios. I don’t like M$, Sony, or whoever spending billions to consolidate the industry

Quit making shyt up

 

[The Mad Titan]

Not a damn person in this forum was hype about Tencent nor embracer buying up all of these studios. I don’t like M$, Sony, or whoever spending billions to consolidate the industry

Quit making shyt up

No one said anything about being hype, the vast majority of y'all was on board with anyone but MS getting these IP's.

And if you weren't you didn't care who got them because "it's all the same" when clearly it's not

 

[Gizmo_Duck]

Has nothing to do with Microsoft, I also told y'all the industry was in a busting bubble. Y'all again had jokes, and that consolidation is a norm. Now here we are, not even out of 2023 and everything I've said has been accurate.

Who do you think you’re fooling?

 

[gurf]

No one said anything about being hype, the vast majority of y'all was on board with anyone but MS getting these IP's.

And if you weren't you didn't care who got them because "it's all the same" when clearly it's not

Man all I said is I’d prefer 3rd party stay 3rd party. You’re the one out here “well it might as well be M$ buying up everything because it’s going to happen anyway”

In either case, It’s still fukk M$ and them buying up the industry.

 

[Rembrandt]

In either case, It’s still fukk M$ and them buying up the industry.

You got so offended when I said you were a console warrior and you played it off with BG3 and you being a PC gamer but you're an actual grown man saying M$ lol..

shyt that is so childish it would literally get you banned on every website for saying it. And you say it consistently. As an adult lol.