Trump's Tencent order only bans WeChat, not Riot and Blizzard. That's a good thing
(www.washingtonexaminer.com)
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That's not true. That wording is pretty broad and leaves it up to the Secretary of Commerce to determine "any subsidiary of that entity". They may not ban something such as Riot, but it doesn't mean they can't. This is one giant guillotine over any company associated with Tencent.
It would ban financial transactions with Reddit which means all their ad revenue would shrivel up and die overnight.
If the axe is dropped it would effect their domain registar access and hosting as well as I would doubt any company would be kind enough to hand it over as charity.