Technology News – KKG’s Favorites

China’s pandemic resurgence and its regulatory crackdown contributed to videogame maker Tencent’s worst-ever quarterly profit drop and slowest revenue growth in nearly two decades.

The departure of employees comes as the Russian subsidiary prepares to declare bankruptcy, effectively ending the company’s commercial operations in the country.

The kingdom’s Public Investment Fund said its stake in Japan’s videogame company, worth about $3 billion, was purely an investment.

Musk’s new Twitter diligence is as questionable as the bots he wants to ban. But his gambit has shined a light on a scourge of online companies and their users.

The iPhone maker had been gradually increasing the number of days in the office as it rolled out its hybrid work plans.

The Tesla CEO said his $44 billion deal can’t move forward until the company is clearer about how many of its accounts are fake.

The live stream of Saturday’s attack was quickly taken down from Twitch but reposts of the footage have been circulating online.

Airbnb and Uber have reassured investors they have ample supply to manage summer demand. A lot is riding on new-product announcements.

The electric-vehicle startup said the pricing dispute could impact production of an electric van ordered by Amazon.

Funding is suddenly scarce as venture capital firms grow stingy, forcing young companies to get frugal and focus on breaking even. “This is clearly not a speed bump.”