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AI-connected Asian stocks fell sharply following US tech leaders' call for pacing AI development, with SoftBank, Kioxia, SK Hynix, Minimax, and Z.ai down 5%+ (Gregor Stuart Hunter/Reuters)

Gregor Stuart Hunter / Reuters : AI-connected Asian stocks fell sharply following US tech leaders' call for pacing AI development, wi...

27 March 2025

Ubisoft carves out a unit, which includes Assassin's Creed, into a ~€4B subsidiary; Tencent will invest €1.16B to acquire a 25% stake in the new entity (Bloomberg)

Bloomberg:
Ubisoft carves out a unit, which includes Assassin's Creed, into a ~€4B subsidiary; Tencent will invest €1.16B to acquire a 25% stake in the new entity  —  Ubisoft, which was founded by France's Guillemot family, has been struggling to recover from a post-pandemic slump in the industry …

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