Saturday, May 2, 2020

According to a Startup Genome survey of 45 countries, nearly three-quarters of startups have laid off full-time employees due to the COVID-19 crisis (John Koetsier/Forbes)

John Koetsier / Forbes:
According to a Startup Genome survey of 45 countries, nearly three-quarters of startups have laid off full-time employees due to the COVID-19 crisis  —  Three quarters of startups have laid off full-time employees due to COVID-19, according to a Startup Genome survey of 45 countries.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...