Chinese social network and video game giant Tencent reported an 8% increase in revenue for the fourth quarter, its slowest-ever quarterly growth as a public company. The results highlight the tough environment for Chinese internet companies amid Beijing’s continued regulatory crackdown on the sector and the country’s economic slowdown. Tencent’s advertising revenue declined 13%. Demand was...
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Live from SF, It’s Tech Week
Hi, welcome to your Weekend.It was the boom-iest of times, it was the doom-iest of times. At least that’s how it feels right now in Dickensian San Francisco, where AI companies are setting up shop on every avenue, while fentanyl dealers are hanging out in every alley. I joke—but seriously, it’s wild out here. No fewer than 17 of the 35 startups listed on The Information’s new Generative AI...
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