Chinese tech company ByteDance has agreed to sell its gaming division Moonton Games to Savvy Games Group, an investment company owned by the government of Saudi Arabia. The deal is estimated to be worth more than $6 billion, according to Bloomberg.
Esports organization Team Liquid has carried out another round of layoffs among its employees. According to posts on X and LinkedIn, at least five staff members have been confirmed to have lost their jobs.
Ukrainian media project “OBLOGA” has obtained the rights for official coverage of EML in the Ukrainian region. The team announced this on their Telegram channel.