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Tencent revenue growth drops as Beijing gaming crackdown takes hold

Tencent has defended a slowdown in revenue growth in its first financial results following Beijing’s crackdown on games aimed at children. Revenues grew 13 per cent in the three months to September 30 to Rmb142.4bn ($22bn) from the Rmb125.4bn reported in the same period a year earlier. But the sales missed the average forecast of…
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10 November 2021 0

DoorDash/Wolt: paying a high price for new markets and Nordic knowhow

Wolt styles itself as an underdog in a difficult home market. But the Helsinki-based delivery company is priced like a pedigree pup. Its larger US peer DoorDash will fork out €7bn in an all-stock deal as it seeks to pep up its post-pandemic growth. The deal will provide San Francisco-based DoorDash with access to 22 new countries…
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10 November 2021 0

Facebook whistleblower on ‘harmful but legal’ content | FT interview

Frances Haugen talks to the FT’s European tech correspondent Madhumita Murgia about the ‘huge opportunity’ to introduce strong new digital laws, and why she chose to speak out against the social media giant November 10, 2021 Produced by Paolo Pascual. Filmed by Thomas Cytrynowicz


10 November 2021 0

GE announces plan to form three public companies, spin off Healthcare and Energy

GE announces plan to form three public companies, spin off Healthcare and Energy Home News GE announces plan to form three public companies, spin off Healthcare and… No posts to display


10 November 2021 0

GWEC and UN Global Compact launch global roadmap for offshore wind

GWEC and UN Global Compact launch global roadmap for offshore wind Home News GWEC and UN Global Compact launch global roadmap for offshore wind No posts to display


10 November 2021 0

Stablecoin News for the week ending Wednesday 10th November.

Another Bull run for Crypto, or is something else happening? Here is our pick of the 3 most important Stablecoin news stories during the week. This week the numbers came in, stablecoins are growing once again at a rapid rate.  In the past this has been a signal that money is coming into the Crypto ecosystem…
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10 November 2021 0

Infineon profits almost double as it benefits from chip shortage

Europe’s largest chipmaker Infineon almost doubled its profits in the three months to the end of September, as the German group benefited from the clamour for semiconductors amid a global shortage. The Munich-based company, which relies on the automotive industry for more than 40 per cent of its revenues, said profits for the period were…
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10 November 2021 0