Bloomberg has confirmed Tencent’s plan to merge China’s biggest game-streaming platforms Huya Inc. and DouYu International Holdings Ltd. Tencent is the largest shareholder in the big two.
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Microsoft’s game streaming service, Project xCloud, is set for a September 15 launch. Android phones will be supported first.
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After talks with the USFG, Microsoft is committing to complete a deal to acquire TikTok from ByteDance and is looking to reach a conclusion by September 15, 2020. The deal is subject to a complete security review and providing proper economic benefits to the US, including the US Treasury.
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Triller capitalizes on the timing of increasing scrutiny against its biggest rival, TikTok and parent company ByteDance, by dishing a patent lawsuit. It has been filed in the U.S District Court for the Western Division of Texas.
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