Tencent has temporarily suspended new registrations of WeChat, the ubiquitous Chinese social messaging app that counts more than 1.2 billion users. “We are currently upgrading our security technology to align with all relevant laws and regulations. During this time, registration of new Weixin personal and official accounts has been temporarily suspended. Registration services will be restored...
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How Netflix Can Regain Momentum
We’re now just a couple of weeks away from the second-quarter earnings reporting season. And if history is any guide, first out of the gate will be Netflix’s report on July 19, which is likely to be one of the most closely watched tech earnings updates of the quarter. Netflix’s first-quarter report, revealing a tiny drop in subscribers and forecasting a bigger one for the second quarter,...
Klarna to Raise Cash at $6.5 Billion Valuation in Dramatic Down Round
Amazon Secures UK Broadcast Rights for Lucrative European Soccer Games
China’s Tencent, ByteDance Implement New Round of Layoffs
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