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 ...

ByteDance, the privately held Chinese tech giant that owns TikTok, is poised to slash most of its games operations, including Nuverse, which publishes “Marvel Snap.” “We regularly review our ...

The Chinese tech giant behind TikTok, ByteDance, will be laying off hundreds of workers in its video games division, new reports showed. ByteDance originally confirmed layoffs from its video game ...

It's no secret that Bytedance has been quietly edging its way out of the games industry after its major play to enter it. However, it seems that rumours and assumptions that the TikTok owner were ...

Tencent (OTCPK:TCEHY) (OTCPK:TCTZF) has acquired two video game divisions of ByteDance (BDNCE) after the TikTok parent withdrew from the gaming business last year, Reuters reported citing people with ...

TikTok’s parent company ByteDance is further scaling back its ambitions in the gaming industry and is in talks to sell game titles to several prospective buyers. Chinese media LatePost reported Monday ...

Tencent has reportedly taken over two ByteDance games teams, and has consolidated them into a new company. As reported by Reuters, the studios that have allegedly been required are a Shenzhen-based ...

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 ...

HONG KONG/BEIJING, Dec 22 (Reuters) - China's ByteDance is in talks to buy into mobile games publisher CMGE Technology Group Ltd (0302.HK), opens new tab, four people with direct knowledge of the ...

It’s a sort of “game over” for ByteDance Technology Ltd. The TikTok parent is restructuring its gaming business and prioritizing other long-term strategic growth areas, according to numerous reports ...