VC Pay Surged Again in 2021, but Future Jumps Are in Jeopardy
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Tencent’s Riot Games Sues Gaming Studio Owned by ByteDance

By Shai Oster
· · Source: Reuters

Riot Games has sued a videogame developer owned by TikTok’s parent, allegeding it copied its game. Riot, the maker of the popular “League of Legends” and a wholly owned subsidiary of Chinese games and social network giant Tencent, alleged that Shanghai Moonton Technology copied its “League of Legends: Wild Rift.” Riot has earlier sued Moonton, allegeding it had copied several games, but...

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