Sunday, October 2

Tag: Countries

Gaming

Indonesian Government Blocks Steam, Epic, Ubisoft & Nintendo

Over the weekend the Indonesian government began the task of blocking any website or service that had failed to register as part of new “internet control” laws. That ended up being a lot, including everything from Steam to the Epic Games Store to Nintendo Online to EA and Ubisoft’s platforms.Indonesia’s Ministry of Communication and Information Technology (Kominfo) took the steps after the introduction of strict new laws, which the government says is part of a crackdown on anything appearing online that is “deemed unlawful”, and which would require any online service platform or provider hosting any such “unlawful” content to remove it within 24 hours (or four if it is deemed to be “urgent”).In order to abide by those laws, international companies operating in Indonesia needed to have sign...
Gaming

Saudi Arabia’s Public Investment Fund Now Owns 5% Of Nintendo

Image: NintendoSaudi Arabia’s Public Investment Fund, a near-bottomless pit of cash tasked with diversifying the nation’s economy (and whitewashing their human rights record), has acquired a 5.01% stake in Nintendo.The news was announced in a filing made with Japan’s Finance Ministry, Bloomberg reports. It follows similar investments made last year in Capcom, EA, Take-Two and Activision, along with almost complete ownership of SNK. Bloomberg says this would make the Public Investment Fund the company’s “fifth-largest shareholder”. If this is the first time you’ve encountered this kind of money, know that the PIF fucking sucks, as does the man running it, Saudi Crown Prince Mohammed bin Salman. As Ian wrote just last month:Saudi Arabia spent the last year throwing money around the video gam...