Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
U.S. Greenlights Nvidia H200 Chip Exports to China With 25% Fee 
Australia’s Under-16 Social Media Ban Sparks Global Debate and Early Challenges 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
ANZ Faces Legal Battle as Former CEO Shayne Elliott Sues Over A$13.5 Million Bonus Dispute 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
Air Transat Reaches Tentative Agreement With Pilots, Avoids Strike and Restores Normal Operations 
Nvidia Develops New Location-Verification Technology for AI Chips 
EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute 
EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies 
Rio Tinto Signs Interim Agreement With Yinhawangka Aboriginal Group Over Pilbara Mining Operations 
Gulf Sovereign Funds Unite in Paramount–Skydance Bid for Warner Bros Discovery 
SK Hynix Shares Surge on Hopes for Upcoming ADR Issuance 
SpaceX Reportedly Preparing Record-Breaking IPO Targeting $1.5 Trillion Valuation 
Tencent Holdings continues its work on producing the mobile version of the “Elden Ring” video game that FromSoftware originally developed. The Chinese tech firm is adapting the hit action role-playing game title for mobile gaming, and this was shared by a few sources who are familiar with the matter.
As per Reuters, Tencent Holdings is making a mobile version as it looks for a new title that would pull in the crowd and reinvigorate its declining stock of games. Author of “Game of Thrones” and the “Winds of Winter,” George R. R. Martin participated in making “Elden Rings,” providing details for worldbuilding while Hidetaka Miyazaki served as the director.
Tencent’s Acquisition of Licensing Rights
The gaming firm obtained the licensing rights from FromSoftware in 2022. This allowed Tencent to develop “Elden Ring” for mobile gaming. After purchasing the 16% stake, the company immediately formed a team to work on a prototype, and while the work is in progress, the actual developments are reportedly slow.
It was noted that Tencent has been scaling up its investments in gaming ventures in other countries, such as South Korea, Europe, and Japan. This is because it is experiencing a severe slowdown on its home turf.
“Elden Ring” is a Potential Lifesaver
The company chose to invest elsewhere as it struggles to keep up with its own country’s vague game approval system. Due to new regulations imposed by local regulators, several of Tencent’s finished games may remain unreleased for months or worse - for years.
Thus, Tencent is trying to find a new hit to bring fresh profits and life into its gaming unit. In this case, releasing the mobile version of “Elden Ring” is considered a game title that could help revive the business. Meanwhile, as Tencent works on the mobile game, this tile is already playable on PlayStation 4, PS5, Xbox One, and PC via Steam, according to Noisy Pixel.
