US President Donald Trump has issued an executive order banning any transactions related to WeChat, a popular messaging service which is owned by Chinese conglomerate Tencent Holdings. Announced in tandem with a similar order targeting social media service TikTok, the new restrictions will take effect in 45 days.

While the order specifically targets WeChat, there is enough ambiguity in its wording to raise concern that it could affect other Tencent Holdings Ltd properties. Tencent owns Riot Games (League of Legends, Valorant), 40 percent of Epic Games (Fortnite, Unreal Engine) and 5 percent of Activision Blizzard, among many others.

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