Stefan Mileschin

According to Reuters and Bloomberg, TikTok's parent company ByteDance is winding down its gaming arm, including the Nuverse brand, with "hundreds" of jobs likely to be affected. This spells yet more trouble for the Chinese tech giant following the layoffs in its VR division, Pico, earlier this month (Meta says hi, apparently). Nuverse, acquired by ByteDance in 2017, is the publisher of notable titles including Marvel Snap, Ragnarok X: Next Generation and One Piece: Blood Routes, as well as the developer of Crystal of Atlan, Earth: Revival and more. The company is allegedly seeking divestment from existing titles, while they remain in service for the time being.

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