Friday, March 20, 2026

Memo: ByteDance agrees to sell gaming unit Moonton to Savvy Games, owned by Saudi Arabia's PIF, a source says for $6B; ByteDance bought Moonton for $4B in 2021 (Bloomberg)

Bloomberg:
Memo: ByteDance agrees to sell gaming unit Moonton to Savvy Games, owned by Saudi Arabia's PIF, a source says for $6B; ByteDance bought Moonton for $4B in 2021  —  ByteDance Ltd. has agreed to sell games unit Moonton to Savvy Games Group for $6 billion, unloading a gaming studio it acquired …



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Kalshi and Polymarket bets on the FIFA World Cup final top $5.69B; Dune Analytics says total wagers on the platforms surpassed $50B for the first time in June (Lauren McCarthy/New York Times)

Lauren McCarthy / New York Times : Kalshi and Polymarket bets on the FIFA World Cup final top $5.69B; Dune Analytics says total wagers on...