Microsoft had a strong finish to its fiscal 2021, with revenue increasing 21% to $46.2 billion and net income jumping 47% to $16.5 billion in the three months to June 30, driven by strong sales of Office products and LinkedIn services. But Microsoft shares dipped nearly 3% in after-hours trading, as investors appeared to focus on the 3% decline in sales of Windows for consumer PCs and the...
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Could Didi List in Hong Kong to Stop Bleeding for Shareholders?
Could the path to relief for Didi Global’s beleaguered shareholders run through Hong Kong? It’s a pressing question as Full Truck Alliance, a U.S.-listed Chinese commercial freight company, which like Didi is under cybersecurity investigation by Chinese authorities, explores with bankers the possibility of listing its shares in Hong Kong, according to two people familiar with the...
Chinese Smartphone Giant Oppo Cuts Jobs After Merger With OnePlus
China Slows Videogame Approvals After Imposing New Limits on Minors
Didi Sees Steep Decline in Users
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