• ByteOnBikes@slrpnk.net
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    28 minutes ago

    Rumor mill is already spreading like wildfire.

    Commenters are concerned about League of Legends and every other Chinese owned game studio without a US backer.

    🍿

  • Bieren@lemmy.world
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    17 minutes ago

    Trump will fix this. After a small payment from the companies. And then just ignoring the law.

    • ByteOnBikes@slrpnk.net
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      31 minutes ago

      I dunno about that.

      There’s gonna be a bunch of angry Unstable 12yos uncertain what to do now that their gacha crack was torn away from them.

  • takeda@lemm.ee
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    7 hours ago

    It actually looks like ByteDance is blocking them to generate uproar. The law only required to remove the app from app store

    • halcyoncmdr@lemmy.world
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      7 hours ago

      Yeah. You might want to look into some other foreign owned companies as well. Tencent owns a metric shit ton of “American” companies for instance, I bet there’s several on that list that would surprise you.

        • catloaf@lemm.ee
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          2 hours ago

          They invested money, I don’t remember hearing that it got them any share of the company.

          • ieatpillowtags@lemm.ee
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            1 hour ago

            That’s typically what you get in return for an investment. The only question is if it’s enough of a share to give control or at least influence.

      • morrowind@lemmy.ml
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        7 hours ago

        Tencent I’m aware of, there was quite a bit of controversy about them a few years back

        • halcyoncmdr@lemmy.world
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          7 hours ago

          Tencent happen to own large portions of nearly every video game company on the planet to start with, and a ton of other large companies, 600+ of them in fact. Large enough positions to directly affect board decisions if they wanted to. And that assumes overt sudden changes and not more subtle things.

          • Voroxpete@sh.itjust.works
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            4 hours ago

            IIRC the reason for this is that China requires that games published there be published by entities that are at least some arbitrary percentage Chinese owned. So basically if you want access to that huge market - that loves video games - you have to cut a deal with Tencent or someone else like them.

    • iAmTheTot@sh.itjust.works
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      6 hours ago

      It’s not made by Bytedance. It’s made by one company and published by a second, different company who is owned by Bytedance.

  • boredtortoise@lemm.ee
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    6 hours ago

    Why does nearly everything entertaining support oligarchs

    Nevermind, rhetorical question. There’s no ethical consumption yadayada

  • Deceptichum@quokk.au
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    7 hours ago

    Oh damn it affects CapCut. Glad I’m not American, I’d have hated to lose that.

    • dilroopgill@lemmy.world
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      6 hours ago

      Glad I moved on to davinci a couple months ago, f davinci for taking away the free user created addons tho, its only in premium now

    • B312@lemmy.world
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      3 hours ago

      Rivals isn’t that bad. It has its issues but it doesn’t warrant a ban