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Tencent says reports of its interest in Nexon, Kakao's mobility unit are untrue
Tencent says reports of its interest in Nexon, Kakao's mobility unit are untrue

Reuters

time3 days ago

  • Business
  • Reuters

Tencent says reports of its interest in Nexon, Kakao's mobility unit are untrue

SHANGHAI, June 18 (Reuters) - Tencent said reports that it is studying deals for Nexon (3659.T), opens new tab and Kakao's ( opens new tab mobility unit are untrue. The Korea Economic Daily reported on Wednesday that Tencent was interested in buying a 40% stake in Kakao's mobility unit from financial investors. Bloomberg reported last week that Tencent was studying a deal for $15 billion South Korean game developer Nexon.

Two major games to stop working on some PlayStation and Xbox consoles – it'll cost fans a fortune to keep playing
Two major games to stop working on some PlayStation and Xbox consoles – it'll cost fans a fortune to keep playing

The Sun

time03-06-2025

  • Business
  • The Sun

Two major games to stop working on some PlayStation and Xbox consoles – it'll cost fans a fortune to keep playing

TWO popular games are winding down this month as they lose compatibility with older consoles. To keep playing, fans will have to upgrade to the newer PlayStation 5 and Xbox X|S - costing as much as £499. 2 2 Black Desert Online and The First Descendant are the latest titles to ditch support for the aging PlayStation 4 and Xbox One. After nearly a decade of service, the PlayStation 4 and Xbox One versions of the Black Desert Online will be shutting down on 26 June. The creators at developer Pearl Abyss said they were shifting focus to the existing PC version of the game and the all-new PlayStation 5 and Xbox Series X|S versions. In-game purchases for PlayStation 4 and Xbox One players are set to be restricted. Gamers will be able to keep playing - and pick up from where they left off - only if they upgrade to a new console. When Black Desert Online is eventually made available on PlayStation 5 and Xbox Series X|S after maintenance, players on the respective PS and Xbox platforms may continue with all their saved data, its creators said. All game data, including purchased items and in-game currency will be stored and accessible on those platforms. The First Descendant is also ending support for last-generation consoles, less than a year after it first launched. The title is set to be discontinued on PlayStation 4 and Xbox One from 19 June, just two weeks before the game's first anniversary. The creators at Nexon Games pinned the decision on the "increased scale" of the game. The developer added that the team was spending "a lot of effort and difficulty maintaining the PlayStation 4 and Xbox One builds," prior to the shutdown. The First Descendant has been on a downward trajectory for the last few months as its player count dwindles, according to The Gamer. There are a number of reasons why games lose support for older consoles, such as development costs and hardware limitations. Older hardware can't keep up with modern game features, making it harder to deliver new content smoothly on PlayStation 4 and Xbox One.

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