Thursday, August 18, 2022

Tencent sees first-ever decline in revenue, sacks 5500 employees

Chinese conglomerate Tencent has fired 5,500 employees, after posting a revenue of $19.8 billion in the June quarter, down 3 per cent which is the first decline since going public. https://ift.tt/2G3Rcz5

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Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in data center financing decisions (Bloomberg)

Bloomberg : Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in ...