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Tencent Warns of More China Curbs After Growth Sputters

Aug.18 — Tencent Holding Ltd.’s revenue increased at its slowest pace since 2019 after China’s expanding tech crackdown hit its mobile gaming empire. And the company, which also operates social media platform WeChat, warned investors to brace for more regulatory curbs. Stephen Engle reports on “Bloomberg Daybreak: Australia.”

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Aug.18 — Tencent Holding Ltd.’s revenue increased at its slowest pace since 2019 after China’s expanding tech crackdown hit its mobile gaming empire. And the company, which also operates social media platform WeChat, warned investors to brace for more regulatory curbs. Stephen Engle reports on “Bloomberg Daybreak: Australia.”

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1 Comment

  1. Godspeedmax

    August 19, 2021 at 12:39 am

    China wants to make sure what has happened in the US doesn’t happens there. They don’t want companies being more powerful than the govt. especially not partisan corporate virtue signaling

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Bloomberg Technology

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NASA’s Artemis crew of four astronauts returned to Earth and splashed down in the Pacific Ocean, capping humanity’s first return to the moon in more than 50 years. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:  …

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NASA’s Artemis crew of four astronauts returned to Earth and splashed down in the Pacific Ocean, capping humanity’s first return to the moon in more than 50 years.
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Why Officials Are Worried About Mythos, Anthropic’s New AI

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The advent of Mythos and AI models like it that can exploit well-hidden flaws in software points to a faster-moving, less predictable phase of the cyber arms race. Here’s what to know

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Startup Chapter has closed a $100 million Series E to grow its Medicare navigation platform. Chapter CEO Cobi Blumenfeld-Gantz and one of its investors Ross Fubini, managing partner of XYZ Ventures, join Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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