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pif

Future of LIV Golf Depends on Saudi Funding

June 10, 2026

LIV Golf’s future is hanging in the balance as its main sponsor, Saudi Arabia’s Public Investment Fund (PIF), signals a possible withdrawal after the 2026 season. The league’s chief executive, Scott O’Neil, did not promise a full slate of tournaments for the year. Instead, he urged confidence tha

business

Moonton Moves to Saudi‑Backed Buyer

March 20, 2026

ByteDance, the Chinese company that owns TikTok, has decided to hand over its gaming studio Moonton to a Saudi‑backed firm. Moonton is best known for the hit mobile title Mobile Legends: Bang Bang, which has millions of players worldwide. The deal was announced in Hong Kong on March 20 and is

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