Lockheed Martin Unveils Lower-Cost Patriot ACE Interceptor to Meet Rising Air Defense Demand 
US Stock Exchanges Face Earnings Test as Trading Boom Meets Crypto Competition 
Cathay Pacific Sees H1 Profit Surge on Strong Travel Demand 
Gold Price Jumps Near 2% Above $4,080 as Middle East Tensions Lift Safe-Haven Demand 
Japan PM Sanae Takaichi Unveils Growth Plan as BOJ Independence Concerns Lift Bond Yields 
Alphabet Q2 Earnings Beat Estimates as AI Spending, Google Cloud Growth Fuel Outlook 
European Stocks Slip as Earnings, UK Inflation and ECB Decision Keep Investors on Edge 
Samsung Eyes Up to $1.14 Billion Investment in AI Startup Mistral 
Australia Jobs Surge in June Strengthens Case for More RBA Rate Hikes 
Asian Currencies Hold Steady as Middle East Tensions Boost US Dollar, Oil Concerns 
Domino’s Weighs Appeal After Australian Court Rules Workers Were Misled on Pay 
Chalco Shares Jump as Chinalco Plans Up to $300 Million Stake Increase 
US-Iran Conflict Escalates as Gulf Attacks Threaten Global Oil Supply 
Judge Approves Anthropic’s $1.5 Billion AI Copyright Settlement With Authors 
Oil Prices Extend Four-Day Rally as U.S.-Iran Conflict and Red Sea Threats Raise Supply Fears 
Wistron Opens $700M Texas AI Factory to Build Nvidia GB300 Superchips 
Asian Stocks Rally on AI Spending Optimism as Middle East Tensions Push Oil to Six-Week High 
NetEase Interactive Entertainment Limited, a Chinese Internet technology company that also develops game content, announced it had acquired the French game developer and publisher called Quantic Dream.
As per CNBC, NetEase Games bought the Paris, France headquartered company as part of its strategy to expand its business in Europe. Quantic Dream is known for popular games such as “Sea of Solitude,” “Fahrenheit,” “Beyond: Two Souls,” “Detroit: Become Human,” and more.
The Chinese tech firm announced its acquisition of Quantic Dream on Wednesday, Aug. 31. The company has been making aggressive moves for its international expansion push and the deal puts the company another step closer to achieving its ultimate goal of reaching and growing in the European market.
The addition of the French firm to its portfolio also marked the company’s establishment of its very first fully-owned gaming firm in the European region. NetEase has been the biggest rival of another Chinese tech, Tencent which has been scaling up its efforts in entering the global gaming market as well despite the strict regulations in its homeland China.
In any case, Quantic Dream is a multi-awarded gaming studio, and it has been around for more than two decades already. It was first launched in Paris in 1997 and produced a number of iconic games that were loved by the gaming community.
The video gaming company announced at the 2021 Game Awards that its latest project is being created in partnership with Lucasfilm Games. The two firms are working on the new action-adventure game titled “Star Wars Eclipse.” The game has no specific release date yet as of this time.
"We are thrilled to embark on an exciting new stage of growth with Quantic Dream, bound by our shared vision, mutual trust and respect," NetEase Inc.’s director and chief executive officer, William Ding, said in a press release.
The CEO added, "NetEase will continue to fulfill our promise to support Quantic Dream to realize its full potential by combining the wild creativity and exceptional narrative focus of Quantic Dream with NetEase's powerful facilities, resources, and execution capabilities.”
