ByteDance abandons gaming ambitions

ByteDance declares ‘game over’ for gaming division

The parent of short-video sensation TikTok made the decision in the face of stiff competition from established gaming giants like Tencent Key Takeaways: ByteDance will phase out its Nuverse gaming…

TikTok travails take bite out of ByteDance

The short-video platform operator has lost more than half its value, even as it remains more profitable than Tencent and Alibaba Key Takeaways: Douyin and TikTok parent ByteDance posted $25…