Wednesday, November 10, 2021

Tencent reports Q3 revenue of $22B, up 13% YoY, net profit of $6.18B, up 3% YoY; sales from mobile games rose 9% to ~$6.65B (Reuters)

Reuters:
Tencent reports Q3 revenue of $22B, up 13% YoY, net profit of $6.18B, up 3% YoY; sales from mobile games rose 9% to ~$6.65B  —  Chinese gaming and social media giant Tencent Holdings (0700.HK) posted a 3% rise in third-quarter profit on Wednesday, beating analyst expectations as it flagged …



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Australia's Senate votes to pass a social media ban for children under 16, brushing aside lawmaker concerns on both sides; tech companies could be fined A$50M (Ben Westcott/Bloomberg)

Ben Westcott / Bloomberg : Australia's Senate votes to pass a social media ban for children under 16, brushing aside lawmaker concern...