Gaming
Tencent acquires innovative game studios from ByteDance, bolstering its gaming division
Explore how Tencent's latest acquisitions of ByteDance game studios mark a strategic move towards innovation and diversity in its portfolio.
Business
OpenAI halts ByteDance’s access for alleged misuse of AI tech
OpenAI suspends ByteDance's account over alleged misuse of AI technology in developing its chatbot amidst policy violations and regulatory scrutiny concerns.
Business
ByteDance scales back gaming venture with mass layoffs
ByteDance reduces its gaming division, Nuverse, amid modest performance, leading to mass layoffs and questioning the effectiveness of its strategies in the gaming industry.
Business
ByteDance’s VR unit, Pico, faces setbacks and staff reductions
ByteDance's VR unit, Pico, faces staff reductions and strategic shifts amid sluggish sales and challenging market conditions, focusing on hardware and core technology development.
