Rfu governance

Chinese internet company Tencent's video game investments are coming under scrutiny from the US government. According to Bloomberg , the Trump administration is reaching out to Tencent's US companies to ask them to send over details on their data-security systems pertaining to Tencent. The Committee on Foreign Investment in the US has sent letters to Epic Games and Riot Games, among others, asking them to share details and information about how they handle the personal data of their American users, according to Bloomberg's sources. Tencent owns League of Legend studio Riot Games completely, while it has a 40 percent ownership stake in Epic Games. Tencent also owns a minority stake in the American games publisher Activision Blizzard. Looking abroad, Tencent owns Path of Exile studio Grinding Gear, while it also has smaller investments in Ubisoft, Bluehole, Yager, and PlatinumGames. Aimen Mir, who formerly worked for the US Treasury Department, told Bloomberg, "When you're … [Read more...] about US Government Asks About Tencent’s US Gaming Investments, Including Fortnite Studio

PS5 and Xbox Series X stock problems due to the COVID-19 pandemic are being investigated by the Biden administration, reports Reuters . President Joe Biden pledged a 100-day review of supply chains as well as $37 billion yesterday (February 24) to fund legislation that will accelerate manufacturing for chips used in the PS5 and Xbox Series X . The shortage of semiconductors has also affected production amongst US automakers, pharmaceutical companies, and other major manufacturers. The scarcity, which extends worldwide, has been "exacerbated by the pandemic" and was the main topic of a conversation between Biden and lawmakers yesterday. "I’m directing senior officials in my administration to work with industrial leaders to identify solutions to the semiconductor shortfall,” Biden announced. “Congress has authorized a bill but they need $37 billion to make sure that we have this capacity...I’ll push for that as well." Hopefully the improved supply of semiconductor … [Read more...] about PS5 and Xbox Series X component shortage will be investigated by the US government

Elon Musk's car company Tesla has purchased $1.5 billion worth of the cryptocurrency bitcoin and announced that it will accept the currency as a form of payment in the future. This investment has led to a huge rally in bitcoin's value, racing past $43,000 at the time of writing to set a new record.Tesla made the announcement in a filing with the Securities and Exchange Commission (SEC) on Monday, February 8. Tesla said it earned board approval in January 2021 to "further diversify" its investment strategies to include new forms of currency, including bitcoin."As part of the policy, which was duly approved by the Audit Committee of our Board of Directors, we may invest a portion of such cash in certain alternative reserve assets including digital assets, gold bullion, gold exchange-traded funds and other assets as specified in the future," Tesla said in the filing. "Thereafter, we invested an aggregate $1.50 billion in bitcoin under this policy and may acquire and hold digital assets … [Read more...] about Tesla Buys $1.5 Billion In Bitcoin, Sends Price To New Records

The game that makes the process of moving house actually fun--Moving Out--will continue to grow with a new expansion coming this month.The "Movers In Paradise" DLC launches on February 25 and it includes 14 new story levels, four new move characters, and 10 new arcade levels. As its name suggests, Movers In Paradise takes players to some lovely tropical locations where they'll need to move more stuff. Take a look at the announcement trailer below:The DLC will be available on all platforms: PC, PS4, Xbox One, and Nintendo Switch. It's not immediately clear if this is a free or a paid expansion pack.Moving Out is developed by Australian studio SMG and Swedish company DEVM Games, with Worms company Team 17 handling the publishing.The latest update before this one was the free "Moving In" expansion that turned the game on its head and challenged players to move furniture back in to a house.Moving Out is a wacky, physics-based couch cooperative moving simulator in the same vein as … [Read more...] about Moving Out’s Movers In Paradise DLC Launches On February 25, Watch The Trailer

Months after launch, both the PlayStation 5 and Xbox Series X are still rapidly selling out as soon as retailers announce they have stock. This shortage has led some UK lawmakers to call for the practice of scalping--where bots are used to purchase multiple units at once to later sell at a higher price--to be banned.Thanks to the COVID-19 pandemic, the problem of scalping has been exacerbated with most retailers having to go fully online to sell their wares. This makes it that much easier for automated bots to run away with surplus units their owners can then sell at a premium. While some retailers have tried to put forth preventative measures like limiting one purchase per address, scalpers have been able to figure out ways around, and even methods of stopping it have become monetized.To combat this, Scottish National Party MP Douglas Chapman and other members of parliament are now calling for scalping to be criminalized. Chapman described the practice to Sky News as "profiteering" … [Read more...] about UK Lawmakers In Talks To Ban Scalping Due To Next-Gen Console Shortages