24 Mar 2022
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On Wednesday, Tencent execs held a meeting to talk investors through the company's year-end financial reports.
The bad news: Profit growth ain't good.
In Q4 2021, net profit was down 25% y/y, having declined for two consecutive quarters.For all of 2021, net profit increased ...
April 19, 2024
We just finished reading Beijing's new three-year plan to cultivate digital talents. The policy was jointly released on April 2 by a phalanx of regulators, including the human resource ministry (MoHRSS), the Ministry of Science and Technology (MoST), and the… Read More »
April 19, 2024
The TikTok divestment bill might be passed sooner than expected. On Wednesday, media reported that Speaker of the House Mike Johnson is planning on bundling a modified version of the bill into a vote on foreign aid for Taiwan, Ukraine,… Read More »
April 19, 2024
TikTok just can't catch a break. On Wednesday, Politico reported that Chinese embassy representatives have held at least two meetings with US congressional staffers in which they lobbied against the TikTok divestment bill. Whoops: Outraged US policymakers have since pointed… Read More »