SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market 
Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies 
Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
Australia’s Under-16 Social Media Ban Sparks Global Debate and Early Challenges 
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools 
SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles 
China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs 
Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track 
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal 
FAA Unveils Flight Plan 2026 to Strengthen Aviation Safety and Workforce Development 
Shell M&A Chief Exits After BP Takeover Proposal Rejected 
Ford Takes $19.5 Billion Charge as EV Strategy Shifts Toward Hybrids 
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates 
ByteDance, the parent company of popular social media platform TikTok, is currently in discussions with multiple potential buyers for its gaming assets, including Tencent, the world's largest video game company.
This move comes as ByteDance intends to step back from the gaming industry and focus on its core businesses. Reuters noted that, according to a ByteDance spokesperson, no agreement has been reached yet.
Changes in ByteDance's Gaming Strategy
ByteDance's gaming unit, Nuverse, is reportedly engaged in talks with Tencent to sell various popular video games. Among these titles are "Crystal of Atland" and "Earth: Revival," as reported by local media outlet LatePost. After a five-year venture into the global video games market, the discussions highlight ByteDance's strategic decision to reshape Nuverse and divest from the gaming business.
In November, ByteDance announced its plans to revamp Nuverse and withdraw from the gaming sector. This shift aims to optimize the company's focus on key operations following its entry into the lucrative $185 billion video games market. As part of this strategic realignment, ByteDance halted the development of unreleased games and expressed its intention to divest from already-launched titles, as confirmed by insiders familiar with the matter.
Seeking Buyers for Moonton
Sources also revealed that ByteDance is actively seeking buyers for its gaming unit Moonton, which it acquired in 2021. This further demonstrates the company's commitment to streamlining its gaming portfolio in alignment with its revised strategic priorities. Reuters previously reported on ByteDance's decision to engage potential buyers for Moonton.
ByteDance's relationship with Tencent in the gaming sphere has witnessed a positive turn after a period of intense competition. Notably, Tencent capitalized on ByteDance's advertising network to promote its latest game, "DreamStar," as reported by Reuters in December. This marks a potential collaboration between the two industry giants, signaling a new chapter in their professional rapport.
Making an Impact on Healthcare
According to a recent Forbes report, ByteDance actively recruited exceptional talent for its "AI for Drug Design" and "AI for Science" teams. The company aims to leverage AI capabilities to revolutionize drug discovery and scientific research.
This recruitment drive extends to computational biology, quantum chemistry, molecular dynamics, and physics experts. With at least 17 positions available across New York, California, and Washington state, ByteDance ventures into a territory already occupied by local rivals such as Meta, Google, and Amazon.
Photo: ByteDance Website
