'League of Legends' champs win in legendary venue

When it comes to sports, the Staples Center in downtown Los Angeles is usually home to award-winning basketball and hockey. However, the behemoth arena hosted a very different kind of competition this weekend: the sold-out ...

China's Tencent quarterly profit rises 32%

Chinese Internet giant Tencent on Wednesday posted a third quarter net profit increase of 32 percent, benefiting from the popularity of its instant messaging services and online games.

China's Tencent posts Q2 profit surge

Chinese Internet giant Tencent posted a second-quarter net profit increase of 32 percent on Wednesday, despite a decelerating domestic economy.

China's Tencent buys US Riot Games majority stake

Chinese Internet firm Tencent has taken a majority stake in US online game developer Riot Games less than two weeks after announcing plans to launch a $760 million fund to invest in such companies.