A recent rumor, which alleged that TikTok parent company ByteDance is slated to spin down its XR hardware subsidiary Pico Interactive, is false, the company says. China-based publication EqualOcean reported late last week that ByteDance is set to “gradually abandon the PICO business.” The report alleged the person in charge of Pico recently went to Singapore to … Continue reading Pico Shutdown Rumors are False, Says Parent Company ByteDance