TikTok parent company ByteDance is reportedly laying off what South China Morning Post maintains will be “hundreds of employees” working at its VR headset manufacturing subsidiary, Pico Interactive.
Pico 4 & Pico 4 Pro Standalone VR Headsets Spotted in FCC Filing
Pico Interactive, the VR hardware subsidiary to Chinese tech giant ByteDance, is apparently getting ready to release a new series of standalone VR headsets.
Report: The Owner of TikTok is Considering Buying One of China’s Leading VR Headset Makers
ByteDance, the Chinese parent company of social media app TikTok, is reportedly considering purchasing Pico, one of China’s leading VR headset makers
In a move that in some ways parallels Facebook’s acquisition of Oculus in 2014, TikTok parent company ByteDance is looking to buy Pico—the VR headset maker behind headsets like the standalone Neo 3 and G2 4K—according to a report by Bloomberg citing a source “familiar with the matter.”