Tencent’s revenue missed estimates after a sweeping government crackdown and Chinese economic malaise wiped out growth at the Internet behemoth.
Author: Agency Staff
Chinese gaming and social media giant Tencent Holdings reported flat growth in first quarter revenue, its worst-ever such performance.
Google’s Russian subsidiary plans to file for bankruptcy after the authorities seized its bank account, making it impossible to carry on operations.
Sony Group has said it is well positioned to play a leading role in the metaverse.
In public, Elon Musk’s erratic tweets have sent Twitter’s shares flailing. Behind the scenes, it’s more like business as usual.
Elon Musk said he’ll proceed with his $44-billion takeover of Twitter only if the social media giant can substantiate claims about the proportion of bots on its service.
Intel shareholders have rejected compensation packages for top executives, including a payout of as much as $178.6-million to CEO Pat Gelsinger.
Tether, USDC and others lost their prized pegs to the dollar last week. But was it an isolated outburst, or are they losing their soul?
Elon Musk stoked speculation that he could seek to renegotiate his takeover of Twitter, saying a viable deal at a lower price wouldn’t be “out of the question”.
SpaceX employees are offering to sell shares via a private placement that would value the firm at $125-billion, sources said.