đź”’ Premium: One does not simply chop Tencent up like Alibaba
Following Alibaba Group splitting into six units and triggering a surge in its share value, Tencent may just follow a similar move.
Following Alibaba Group splitting into six units and triggering a surge in its share value, Tencent may just follow a similar move.
Naspers and Prosus NV plan to cut their c corporate workforce by 30% – the latest global tech firm to announce layoffs.
Apple has postponed the unveil of lightweight augmented-reality glasses due to technical challenges – but still plans to unveil cheaper headset.
Glassdoor’s list of 100 best places to work in 2023 sees the fall away of two major tech companies: Apple and Meta.
Sean Peche writes that the risks have been “hiding in plain sight” for years, but unfortunately, companies and many fund managers ignored them
Major Chinese internet stocks from Alibaba to JD.com saw double-digit declines. In Johannesburg, Tencent’s biggest shareholder Naspers plunged 12%.Â
After reaching sky-high valuations, tech companies the world over have seen the worst year of their lives amid surging inflation and interest rate hikes. Many are cutting jobs and shutting parts of their operations to shore up balance sheets ahead of a potential recession.
Sheryl Sandberg said she was looking forward to spending more time working with her foundation and on women’s issues after she leaves.
Equity investing is a long-term project. Participants are rewarded for patience and self-discipline, writes BizNews founder Alec Hogg.
Amazon and other tech companies have adjusted their compensation practices as they seek to retain top employees in high-demand fields.