For the last few years, ByteDance, the parent company of short video app TikTok, has been working to diversify its revenue streams beyond advertisement and find more ways to monetize its hundreds of ...

HONG KONG (Reuters) - Tencent Holdings is relying on one-time bitter rival ByteDance to promote its most important video game release in years, in a sign of warming relations as well as intensifying ...

ByteDance, the force behind TikTok, is streamlining its gaming division, Nuverse, with significant job cuts and a reduction in operations. This move signals a notable step back from ByteDance's ...

According to Reuters and Bloomberg, TikTok's parent company ByteDance is winding down its gaming arm, including the Nuverse brand, with "hundreds" of jobs likely to be affected. This spells yet more ...

In recent developments, ByteDance, the conglomerate behind the popular app TikTok, has opted for a strategic shift in its approach to the gaming industry. Amid a market that is increasingly ...

GUANGZHOU, China — ByteDance has acquired major mobile gaming studio Moonton, highlighting its ambitions in the video game industry and pitting it against Chinese giant Tencent. Known as the owner of ...

If there's one thing you can count on in this industry, it's that big technology companies don't understand games and don’t have the patience for it. What's more, almost anytime one of these large ...

ByteDance will phase out its Nuverse gaming division, laying off hundreds of employees and terminating all ongoing gaming projects by the end of the year. The internet giant’s decision follows ...

In a significant development, ByteDance, the company behind the popular social media platform TikTok, is reportedly engaged in discussions to sell its gaming assets to Tencent (OTC:TCEHY). What ...

ByteDance’s gaming ambition has been an expensive, short-lived pursuit. In late 2021, the TikTok parent’s plans for video games came into the spotlight after it became one of the firm’s six core ...

In an unexpected turn, TikTok’s parent company, ByteDance Ltd. is preparing to bid farewell to the gaming industry by shutting down its principal brand, Nuverse, and eliminating hundreds of jobs. This ...