Wednesday, November 16, 2022

Tencent reports Q3 revenue down 2% YoY to ~$19.8B, below ~$20B estimates, and plans to distribute most of its ~$20B Meituan stake to shareholders as a dividend (Josh Ye/Reuters)

Josh Ye / Reuters:
Tencent reports Q3 revenue down 2% YoY to ~$19.8B, below ~$20B estimates, and plans to distribute most of its ~$20B Meituan stake to shareholders as a dividend  —  Tencent Holdings (0700.HK) on Wednesday said it would distribute most of its stake worth $20.3 billion in food delivery firm Meituan …



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As Russia throttles popular apps and intermittently cuts off internet access, ordinary citizens, politicians, TV stars, and others criticize the restrictions (New York Times)

New York Times : As Russia throttles popular apps and intermittently cuts off internet access, ordinary citizens, politicians, TV stars, ...