China’s Tencent had virtually no revenue growth in the first quarter—for the first time since it became a publicly listed company in 2004—while its net profit dropped 51%. The worse-than-expected results came as the internet giant, the world’s largest videogame publisher and the operator of the WeChat social messaging app, continued to suffer from the country’s economic slowdown and the...
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The Briefing Enterprise Amazon
Roe Ruling’s Repercussions for Tech; Zendesk’s Fit of Pique
What a week! Tech business news has been relatively scarce in recent days—but today’s Supreme Court decision overturning Roe v. Wade will have repercussions for all businesses. For the tech industry, which has been spreading outside the San Francisco Bay Area and New York for the past couple of years as remote work has become widely available, the ruling makes operating in states with abortion...
Congressional Report Says Robinhood Understated Liquidity Problems During Meme Stock Craze
Zendesk Agrees to $10.2 billion Buyout Months After Rejecting Higher Bid
Meta Plans To Shut Down CrowdTangle Tool
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