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

Galaxy Buds 2 Pro launched: Buyers guide into Samsung's most-expensive earbuds yet that take on Apple AirPods

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TikTok makes its Elections Center available in the US, offering state-by-state info ahead of the midterms, and details its misinformation policies (TechCrunch)

TechCrunch:
TikTok makes its Elections Center available in the US, offering state-by-state info ahead of the midterms, and details its misinformation policies  —  TikTok announced its midterms Elections Center will go live in the app in the U.S. starting today, August 17, 2022, where it will be available …

Former Nintendo female contract testers in the US describe years of sexual harassment, gender discrimination, and a lack of advancement opportunities for women (Sisi Jiang/Kotaku)

Sisi Jiang / Kotaku:
Former Nintendo female contract testers in the US describe years of sexual harassment, gender discrimination, and a lack of advancement opportunities for women  —  Female game testers at Nintendo had ‘frat house’ experiences within a gaming company known for its wholesome image

Before Harry Potter: 11 more things about Hogwarts Legacy

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Singapore-based gaming and e-commerce firm Sea reports Q2 sales rose 29% YoY to $2.9B, its slowest growth in five years, and a $931M net loss; stock drops 14%+ (Bloomberg)

Bloomberg:
Singapore-based gaming and e-commerce firm Sea reports Q2 sales rose 29% YoY to $2.9B, its slowest growth in five years, and a $931M net loss; stock drops 14%+  —  Sea Ltd. posted a bigger loss than expected and withdrew its 2022 e-commerce forecast, joining other online giants struggling …