Tencent said China’s recent crackdown on the education sector will likely have a negative impact on the Chinese internet giant’s advertising revenue in the near term, because online tutoring apps have been major advertisers on Tencent’s platforms. The tutoring ban, which was announced in late July, “essentially takes away a big buyer of ads on our platforms,” Tencent President Martin Lau said...
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The Shaky Mental State of Silicon Valley
Hi, welcome to your Weekend! Next month, when the San Francisco Board of Supervisors reconvenes after its summer recess, one of the matters up for discussion will be a resolution to decriminalize the use of psychedelics. While San Franciscans have never needed Board approval to partake in the wonders of nature, you can bet plenty of tech workers around town will be rooting for a yay...
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