Technology
The Department of the Treasury is reportedly looking into the American companies behind ‘Fortnite’ and ‘League of Legends’ over their ties to Chinese tech titan Tencent – Business Insider Australia
After taking action against the wildly popular smartphone apps TikTok and WeChat, President Trump’s administration appears to be setting its sights on the gaming studios behind two of the biggest games in the world: “Fortnite” and “League of Legends.”
- The wildly popular smartphone apps TikTok and WeChat will be banned in the US starting on September 20, the US government announced on Friday morning.
- CFIUS, the same Treasury group that initated those investigations, is now looking into “Fortnite” maker Epic Games and “League of Legends” maker Riot Games due to their associations with the Chinese conglomerate Tencent, Bloomberg reported.
- Tencent, which owns WeChat, wholly owns Riot Games and owns a 40% stake in Epic Ga…
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