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Moonton

TikTok owner ByteDance retreats from video gaming with cuts at main studio amid a stagnating market dominated by Tencent

by Anas Siddiqui
TikTok owner ByteDance retreats from video gaming with cuts at main studio amid a stagnating market dominated by Tencent

TikTok owner ByteDance is making a big retreat from video gaming with hundreds of lay-offs at its main gaming unit, according to four sources briefed on the matter. Nuverse, ByteDance’s …

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