News Snapshot:
A dispute between Tencent Holdings and Amazon led the American e-commerce giant to cancel its highly anticipated Lord of the Rings video game after its partner was acquired by the Chinese social media and gaming conglomerate. Four months after Tencent, the world’s largest video game company by revenue, shelled out HK$10.25 billion (US$1.3 billion) for Leyou Technologies Holdings, the latter is exiting the development of a massively multiplayer online role-playing game (MMORPG) based on the hit fantasy book and film series The Lord of the Rings . Leyou was producing the game with Amazon, which is also producing an upcoming...
