China’s economy grew just 4% in the last quarter of the year—the slowest since 2020 as a property slump and new Covid outbreaks hurt consumer spending and undercut a strong first half of the year. The economy grew 8.1% for the year. The slowing growth creates a more challenging environment for China’s biggest consumer internet platforms such as Alibaba, Tencent and ByteDance. Clouding the...
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Microsoft Might Keep Losing in Search and Still Win
Could Microsoft win even if it loses in the next chapter of internet search? That was the question running through my head at an event in Redmond, Wash., earlier today, where Microsoft confirmed reporting from The Information and others when it announced it will remake its Bing search engine using artificial intelligence technology from OpenAI. The new and improved...
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Twitter’s Head of Revenue Strategy & Operations Departs
Meta Beginning Effort to Trim Managerial Ranks
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