Zheping Huang / Bloomberg:
Tencent reports Q4 revenue up 7% YoY to ~$21.6B, vs. ~$21.8B est., a ~$3.8B net income, vs. ~$4.6B est., and plans a $12.8B+ stock buyback, as gaming sales slow — - Revenue growth in the quarter was its slowest in a year — Tencent joins tech rivals in ramping up shareholder returns
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Wednesday, March 20, 2024
Tencent reports Q4 revenue up 7% YoY to ~$21.6B, vs. ~$21.8B est., a ~$3.8B net income, vs. ~$4.6B est., and plans a $12.8B+ stock buyback, as gaming sales slow (Zheping Huang/Bloomberg)
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Researchers say they used AI to build a zero-click worm that can hack WeChat accounts and spread across iOS and Android; Tencent says it fixed the vulnerability (Dustin Volz/New York Times)
Dustin Volz / New York Times : Researchers say they used AI to build a zero-click worm that can hack WeChat accounts and spread across iO...
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Amid government scrutiny over its various trade practices, the firm has been able to hold on to a set of consumers looking for cheaper goods...
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http://bit.ly/2XqNIDz
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