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Investments and transactions

Media: ByteDance postponed the IPO until the end of 2022. The position of the Chinese authorities is to blame for everything

The Chinese giant ByteDance will not appear on the stock exchange until at least the end of 2022. According to the SCMP portal, TikTok‘s parent company has decided to wait until the new rules for regulating cyberspace are approved in China. Against the background of rumors, the largest shareholders of ByteDance began to get rid of their shares.
Industry

Epic Games became the publisher of the studio Spry Fox, famous for the game Triple Town

Epic increases the portfolio of published games. Today it became known that the Fortnite developer has taken on publishing future projects of two studios — from the veteran of the indie scene Spry Fox, responsible for the emergence of the merge genre, and from the newly launched Eyes Out team, organized by the designer Spec-Ops: The Line together with the guitarist Nine Inch Nails.