Regional Court Dismisses Maasai Eviction Case Against Tanzania...

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The company has since overhauled its management in an effort to reverse years of languishing sales and has been bolstering its e-commerce capabilities as online shopping accelerated during the pandemic.

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Tencent in September raised its stake in Ubisoft in a deal that made the Chinese firm the single biggest shareholder of the top French games developer, with a stake of 11% which can be further increased to as much as 17%.

The government said four Maasai villages are located within the boundaries of the Serengeti National Park, which was originally demarcated under British military rule for gaming but redrawn for conservation by subsequent administrations.

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Also, with Beijing strictly restricting game approvals at home and still suspending approvals for games of foreign IPs, Tencent is forced to move towards gaining control of foreign game companies and their IPs, said the four sources.

DAR ES SALAAM, Sept 30 (Reuters) - A regional court on Friday dismissed a case brought by a group of Maasai villagers claiming the Tanzanian government used violence to evict them from their ancestral lands in the north of the country.

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The land disputes between the Maasai villagers and the national park management emerged in 2012 but later in 2017 the government ordered the residents to leave and security forces later evicted them by force.

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"The court has given a strong signal to the international community that evictions and human rights abuses against indigenous peoples should be tolerated if they are done in the name of protecting nature," Longo said.

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Rights groups and the Maasai community say the villages are outside the park's boundaries, and that villagers were the victims of a violent police crackdown aimed at forcing them off their traditional lands to make way for trophy hunting by tourists and conservation.

HONG KONG, Oct 1 (Reuters) - Tencent is resetting its M&A strategy to put more focus on buying majority stakes mainly in overseas gaming companies, as the tech giant eyes global expansion to offset slowing growth at home in China, people with direct knowledge of the matter said.

The Ubisoft deal comes just after deep-pocketed Tencent in June acquired Copenhagen-based Sybo Games, the developer of hit mobile game Subway Surfer, and in August took a 16.25% stake in Japan's "Elden Ring" developer FromSoftware.

Tencent's pursuit of bigger stakes in its existing gaming portfolio or new targets would give the company a bigger say in such firms' businesses and also help it secure the intellectual property rights of popular pkv games, said the four sources.

"We believe Tencent will continue to make reasonable investments to acquire quality gaming content and talents and deepen partnerships with top-tier studios worldwide in order to step up its investments and presence in overseas markets," said Citi analysts in a report in early September.

Tencent's new strategy indicates how China's tech titans are looking to emerge from the regulatory shadows after two years of crackdown and uncertainty that weighed on their sales at home and triggered a massive selloff in their stocks.

However, it is now aggressively seeking to own majority or even controlling stakes in overseas targets, notably in gaming assets in Europe, the four people with direct knowledge of the matter told Reuters.