💃 TikTok’s Parent Company Bytedance Acquires VR Headset Maker Pico

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TikTok’s Parent Company Bytedance Acquires VR Headset Maker Pico

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Bytedance, the parent company of short-form video-making app TikTok, is all set to acquire Chinese virtual reality (VR) headset maker Pico. However, the financial details of the deal were not made public.

The reason behind this acquisition is obvious. VR and AR technology is be…

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