Tag: Bytedance

New Tencent TiMi Studio Launch In Singapore

Tencent’s TiMi Studio to Launch new Video Game Development Studio in Singapore. Video game and tech conglomerate Tencent Holdings head to Singapore to launch its new game development studio. Recently, Singapore has become a regional hub for the gaming industry with several big gaming companies like Riot Games and Ubisoft investing in it. Now, Tencent,…

december 11, 2021
ByteDance acquires Moonton for an amazing $4 billion

ByteDance, the parent company of the famous social media app TikTok, has agreed to acquire Moonton Technology. The acquisition valued the Shanghai-based studio at a whopping $4 billion. ByteDance has a roster of subsidiary companies and one of them is Nuverse, and it is Nuverse who closed the deal with Moonton Technology. This acquisition is…

maart 26, 2021
ByteDance goes to court against Tencent

China Court tells ByteDance to Proceed with Legal Proceedings against Tencent over Monopoly Accusations. ByteDance and Tencent often lock horns with each other as both have long-standing enmities. Today, ByteDance decided to take the battle with its archrival to a Chinese court. The timing of the case makes the whole situation interesting because the Chinese…

februari 9, 2021
India’s ban on Chinese games and it’s impact on the gaming industry

Despite India being a promising venue for games, there isn’t all sunshine and rainbows for the industry. A political spat and military tension between India and China caused a considerable dent in the gaming industry. Following military tensions at the border lead to a ban on 59 Chinese apps and six weeks later a ban…

november 26, 2020
TikTok leaves Hong Kong market

Social media app TikTok is set to leave the Hong Kong market over the next few days. “In light of recent events, we’ve decided to stop operations of the TikTok app in Hong Kong,” said a TikTok spokesman.

juli 7, 2020