El Salvador’s big bet on bitcoin has soured in recent weeks as a cryptocurrency rout shaved over a third of the value of the government’s holdings.

Chinese tech stocks tumbled as weak corporate earnings coupled with a dimming global growth outlook intensified selling.

Shares in eMedia Holdings leapt higher on Wednesday after it said it expected full-year headline earnings per share to jump by as much as 301%.

Tencent’s revenue missed estimates after a sweeping government crackdown and Chinese economic malaise wiped out growth at the Internet behemoth.

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.

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Sony Group has said it is well positioned to play a leading role in the metaverse.

Cryptocurrency can supplement mobile money in Africa if regulators can be convinced of its benefits, according to the CEO of Kenya’s biggest lender by market value.

In public, Elon Musk’s erratic tweets have sent Twitter’s shares flailing. Behind the scenes, it’s more like business as usual.