stake

Robert Sarver has no business being in the NBA except for his financial stake

Robert Sarver has no business being in the NBA except for his financial stake

Phoenix Suns and Mercury owner Robert Sarver’s admission of guilt to ESPN in November 2021 warranted a lifetime ban from the NBA on their own merit. That he received a year-long suspension after numerous additional allegations of racism, misogyny and other oppressive behavior were confirmed on Tuesday is beyond travesty. No NBA employee outside of …

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China's Tencent increases stake in 'Assassin's Creed' maker Ubisoft

China’s Tencent increases stake in ‘Assassin’s Creed’ maker Ubisoft

Join now for FREE unlimited access to Reuters.com Register PARIS/HONG KONG, Sept 7 (Reuters) – Tencent Holdings Ltd (0700.HK) is increasing its stake in Ubisoft Entertainment SA (UBIP.PA) in a deal that values ​​France’s biggest game developer at around 10 billions of dollars, as deep-pocketed Chinese tech majors continue their search for overseas growth. Interest …

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Assassin's Creed maker Ubisoft plunges 16% after Chinese giant Tencent increases its stake

Assassin’s Creed maker Ubisoft plunges 16% after Chinese giant Tencent increases its stake

Tencent has increased its stake in French game maker Ubisoft, the company behind popular franchises like Assassin’s Creed. But analysts said it effectively closed the door to a full takeover of the company. Raphael Henrique | Sopa Pictures | Light flare | Getty Images Shares of game developer Ubisoft plunged more than 16% on Wednesday …

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Assassin's Creed maker Ubisoft plunges 16% after Chinese giant Tencent increases its stake

Assassin’s Creed maker Ubisoft plunges 16% after Chinese giant Tencent increases its stake

Tencent has increased its stake in French game maker Ubisoft, the company behind popular franchises like Assassin’s Creed. But analysts said it effectively closed the door to a full takeover of the company. Raphael Henrique | Sopa Pictures | Light flare | Getty Images Shares of game developer Ubisoft plunged more than 16% on Wednesday …

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