8 votes

Tencent will acquire 29% of the shares in Funcom, becoming the largest shareholder

2 comments

  1. [2]
    cptcobalt
    Link
    Tencent is certainly becoming a bit of a monopoly of sorts, and not just in the east. They're swiping up control (by way of partial company ownership) of more and more things, and it's happening...

    Tencent is certainly becoming a bit of a monopoly of sorts, and not just in the east. They're swiping up control (by way of partial company ownership) of more and more things, and it's happening right in front of our faces. If you haven't taken the time to, give their wikipedia article a skim. They're a conglomerate dealing in nearly every electronic industry.

    Maybe it's just me, but in the era where Facebook and Amazon and such get tons of scrutiny, it seems like Tencent flies under the radar a bunch even though they're pretty much on the same level.

    6 votes
    1. Micycle_the_Bichael
      Link Parent
      I was going to say basically the same thing. I'm getting increasingly concerned about Tencent as a monopoly the more I read about them. I really only knew about their increasingly large control of...

      I was going to say basically the same thing. I'm getting increasingly concerned about Tencent as a monopoly the more I read about them. I really only knew about their increasingly large control of the gaming industry, but they really are involved in everything.

      5 votes