ByteDance boosts investment in video game platform in race with Tencent
ByteDance, the Chinese tech giant that owns TikTok, recently sued its larger rival Tencent (OTC:TCEHY) over alleged antitrust violations. ByteDance says Tencent blocked users on its WeChat and QQ apps — which host 1.21 billion and 617 million mobile monthly active users, respectively — from accessing content from Douyin, the Chinese version of TikTok. In […]