With the news that the US government is investigating other companies involved in Tencent, a Chinese company that is the biggest games company on the planet, rumors have started to circulate that Fortnite will be banned in America. We find this to be a pretty massive leap in logic, and you have to ignore various important facts and details to make it happen.
As such, we thought this helpful breakdown of what exactly is going on might be worth it for people concerned about the Fortnite ban in America.
What is really going on?
According to a Bloomberg report, companies such as Epic Games Inc. Riot Games and others have received letters inquiring about their security protocols in handling personal data by the Committee on Foreign Investments in the United States. .
It's part of the U.S. government's current standoff with China, but is quite different from how they've approached other companies like TikTok and WeChat. Where the going gets tough, Riot, Epic Games, etc. are all US companies, while TikTok is owned by ByteDance Ltd. and WeChat is owned by Tencent, two Chinese companies.
The key issue here is that this is an investigation of the security protocols at this point, and nothing more.
What many people may not know is that Epic launched the Unreal Government Network in 2012, designed specifically to work with government agencies and parties that needed the Unreal Engine. The Unreal Engine is used in everything from FBI training to creating anesthesiology training programs for the military.
This was before Tencent took its stake in the company, which would have been the subject of a lot of scrutiny at the time given Epic Games Inc.'s involvement in various government programs, even s 'it was simply a supplier of a game engine and the relevant support.
Add to the fact that Unreal Engine is one of the most profitable and prestigious game engines in the world, used by hundreds of companies worth billions of dollars and it is safe to say that their security protocols are, more than likely, lived up to the standards required.
For now, at least, it looks from the outside that Fortnite isn't going anywhere, if only because shutting down businesses that generate billions of dollars in revenue and employ thousands of people wouldn't be there. best solution. government to do.
One of the most crucial things the US government needs to do now is not to scare other companies that have invested in America right now. If investors feel that potential profits will be interrupted, they are very likely to simply withdraw their money from the economy and go elsewhere. It would be disastrous for any country, whatever the reasons for the exodus of investors.
