Monday, June 21, 2021

Prosus reports earnings boost from Tencent stake

Prosus NV , the international investment arm of South Africa's Naspers, reported a better than expected net profit of $7.45 billion for 2021 on Monday, driven by strong returns from its big stake in Chinese software giant Tencent. https://ift.tt/35EJeP9

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Sources: SoftBank halts talks about a ~$50B acquisition of US data center operator Switch, a setback to Masayoshi Son's goal to roll out Stargate infrastructure (Bloomberg)

Bloomberg : Sources: SoftBank halts talks about a ~$50B acquisition of US data center operator Switch, a setback to Masayoshi Son's g...