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China sentences Zhao Weiguo, ex-chair of state-backed chip firm Tsinghua Unigroup, to death with a two-year reprieve, a de facto life sentence, for corruption (Chun Han Wong/Wall Street Journal)

Chun Han Wong / Wall Street Journal : China sentences Zhao Weiguo, ex-chair of state-backed chip firm Tsinghua Unigroup, to death with a ...

14 May 2025

Tencent reports Q1 revenue up 13% YoY to ~$25B, above ~$24.3B est., net profit up 14% YoY to ~$6.6B, below ~$7.3B est., driven by gaming business growth (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC:
Tencent reports Q1 revenue up 13% YoY to ~$25B, above ~$24.3B est., net profit up 14% YoY to ~$6.6B, below ~$7.3B est., driven by gaming business growth  —  Tencent on Wednesday reported an annual rise in its top and bottom line in the first quarter fuelled by accelerated growth in its key gaming business.

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