'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 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.

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 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.