21CTO

Sep 5, 2021 · Game Development

How ByteDance’s Billion‑Dollar Pico Deal Challenges Facebook’s Metaverse Push

ByteDance’s multi‑billion‑dollar acquisition of VR maker Pico mirrors Facebook’s Oculus purchase, intensifying a tech rivalry that spans metaverse ambitions, short‑video dominance, and aggressive investments in VR hardware, gaming, and social platforms.