Tencent earnings report Q1 2024
Tencent has faced a number of headwinds in 2022 including a Covid-induced slowdown in the Chinese economy and a tougher market for gaming. Bobby Yip | Reuters Tencent beat analyst …
Tencent Holdings Ltd
Alibaba rolls out latest version of its large language model
The logo of the Alibaba office building is seen in the Huangpu District in Shanghai, June 16, 2023. Costfoto | Nurphoto | Getty Images Alibaba Cloud said on Thursday it …
What is an eVTOL? How flying cars are moving closer to reality
Alef Aeronautics wants to start delivering its $300,000 Model A flying car to customers by 2025. Source: Alef Aeronautics What if flying around in an electric vehicle is a key …
How India is challenging China as Asia’s tech powerhouse
For years, China has been Asia’s technology powerhouse. It is home to what once were some of the world’s most valuable companies, from Tencent to Alibaba. It is where most …
Mumbai overtakes Beijing to become Asia’s billionaire capital for first time
With 92 billionaires, Mumbai ranks third behind New York and London, but ahead of Beijing, and Shanghai. Tuul & Bruno Morandi | The Image Bank | Getty Images Move over, …
Sam Altman’s Reddit stake worth over $600 million after NYSE debut
Reddit mascot Snoo is seen on the floor of the New York Stock Exchange (NYSE) as Reddit begins trading in New York on March 21, 2024. Timothy A. Clary | …
(RDDT) starts trading on NYSE
Reddit shares jumped as much as 70% in their debut on Thursday in the first initial public offering for a major social media company since Pinterest hit the market in …
China is making it much easier for foreigners to use mobile pay
Scanning QR codes with a mobile pay app has become the most common way to pay in mainland China. Bloomberg | Bloomberg | Getty Images BEIJING — Foreign visitors to …
UK neobank Monzo hits $5 billion valuation after $430 million raise
British digital bank Monzo on Tuesday raised $430 million in fresh capital from investors to help it relaunch its services in the U.S. Monzo raised the money in a new …
AMD reportedly hits U.S. regulatory roadblock for Chain-tailored chip
A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. Dado Ruvic | Reuters American semiconductor company Advanced Micro Devices …