Friday, December 12, 2025

Papua New Guinea says Google will build three subsea cables for the country, a $120M effort funded by Australia, amid China's rising influence in the region (Kirsty Needham/Reuters)

Kirsty Needham / Reuters:
Papua New Guinea says Google will build three subsea cables for the country, a $120M effort funded by Australia, amid China's rising influence in the region  —  Papua New Guinea said on Friday that Alphabet's (GOOGL.O) Google will build three subsea cables, funded by Australia under a mutual defence treaty …



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...