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ByteDance has agreed to sell game developer Moonton Technology to Savvy Games Group, a unit of Saudi Arabia’s Public Investment Fund, for over $6 billion. Moonton, acquired in 2021, is known for the MOBA title Mobile Legends: Bang Bang. The divestmen

2026-03-20

ByteDance has agreed to sell game developer Moonton Technology to Savvy Games Group, a unit of Saudi Arabia’s Public Investment Fund, for over $6 billion. Moonton, acquired in 2021, is known for the MOBA title Mobile Legends: Bang Bang. The divestment is seen as part of ByteDance’s push to focus more on AI, following heavy investment that weighed on profits in the fourth quarter of 2025. (Cailian Press)

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UNITREE PLANS TO LAUNCH GENERAL-PURPOSE HUMANOID EMBODIED AI MODEL WITHIN THREE YEARS
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