AsiaToday reporter Kim Na-riThe South Korean game industry is fluctuating as Tencent is reportedly looking at a potential acquisition of a local game..
Grand Theft Auto Online and more recently, Red Dead Online, have had issues with cheaters and hackers on PC since their respective launches. As part of an effort to crack down on cheating, Take-Two has recently been targeting cheat makers and sellers, with one popular cheat website now shutting down.
LunaCheats, a site that sold GTA Online hacks, has closed down this week after “discussions” with Take-Two, the parent company of Rockstar. The site is no longer selling cheats after being contacted by Take-Two’s legal team, instead, the site just displays the following message:
“After discussions with Take-Two Interactive, we are immediately ceasing all maintenance, development and distribution of our cheat menu services. We will also be donating our proceeds to a charity designated by Take-Two”.
AIM performance in 2020 was dazzling and looks set to continue 25 Jan 2021
Many smaller companies did well through the first year of the pandemic. Chris Boxall, co-founder of AIM specialists Fundamental Asset Management, reviews AIM performance in 2020.
London’s AIM market had a remarkable 2020, ending the year with its market value at an all-time high and with the AIM index also significantly outperforming other UK main market indices.
While smaller companies have a tendency to underperform their larger peers in a struggling economy – and the UK economy certainly struggled in 2020 – a large number of AIM companies were beneficiaries of the pandemic and lockdown environment.
GTA 5 has received quite a lot of strange mods since its launch on PC back in 2015, however, it seems this is never going to end as gamers’ creativity will never give up for more unique mods. Recently, LucasRPDJ revealed that he’s working on a
Burnout 3 remake in
Originally launched back in 2004 by Electronic Arts,
Burnout 3 is one of the critically-acclaimed action-packed racing titles that made a name for Criterion Games. That being said, the series never received a new entry since 2008’s Burnout Paradise. Now, if you are really missing another Burnout game, you might find it interesting that a
EA and Take-Two are titans in the American gaming industry, with market capitalizations of roughly $43 billion and $24 billion, respectively. A move from Tencent to acquire either publisher would be an industry-shifting development.
Image source: Getty Images.
It s still unclear whether Tencent will mount a serious push to purchase either EA or Take-Two. Some sources in the TMT Finance report suggest that major South Korean developers including
Netmarble and
Nexon may be more likely acquisitions targets in the near future. Either way, Tencent will almost certainly continue to make big purchases in the gaming industry.
Video games have levels of engagement that trounce nearly every other entertainment medium, and some gaming companies could see growth opportunities extend beyond their current core businesses. Take semiconductor company