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After teasing a big announcement,  the AAA open-world MMORPG from Tencent's Lightspeed Studios has been revealed. "Code: To Jin Yong (as indicated on the official site)" will adapt the wuxia novels of bestselling Chinese author Jin Yong, and will be built in Unreal Engine 5.

 Tencent is teasing the announcement of an open world MMORPG made by its subsidiary Lightspeed Studios and built in Unreal Engine 5. 

Chimeraland  is moving closer to launch, with the announcement by Level Infinite that the free to play title would release over the summer. Pre-registration has now opened in Europe and North America.

The ongoing copyright case between Angela Game and Snail Games over Myth of Empires continues, with Snail Games filing a countersuit against Angela Game and Tencent

Remedy Entertainment has partnered with Tencent on a free to play, co-op PvE shooter with the current code name of Vanguard. The game, which is based on a Remedy original IP, is currently in development for PC and consoles using Unreal Engine. Tencent will also get worldwide development and publishing deal for a mobile version.

Chinese media company Tencent has made a new studio acquisition, buying the parent company of Back 4 Blood developer Turtle Rock, and increasing its massive hold on the gaming industry.

Amazon and Leyou canceling their upcoming Lord of the Rings MMORPG is unsurprising, but it is a bit depressing. However, it does make Bradford wonder what could have been, from both a pure MMO standpoint and as a die-hard Lord of the Rings fan.

In an article that analyses the data from their streaming, analysis service and market database that primarily deals with Asian companies, Niko Partners has given some insight into the popularity of Genshin Impact as well as Tencent's Investments in 2020. These companies include Warframe's development studio, Digital Extremes and Funcom, the developer behind Conan Exiles and The Secret World Legends.

On the back of Tencent's buyout of Warframe's parent company, Leyou, the developers behind the game have assured that they will remain creatively independent.