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Sources: Microsoft is trying to poach Meta's AI talent and is making multimillion-dollar offers, with a mandate to match Meta's compensation for top talent (Ashley Stewart/Business Insider)

Ashley Stewart / Business Insider : Sources: Microsoft is trying to poach Meta's AI talent and is making multimillion-dollar offers, w...

12 August 2025

Sea reports Q2 revenue up 38% YoY to $5.26B, vs. $5B est., a $414M net income, vs. $444M est., Shopee revenue up 34% YoY to $3.8B, driven by commissions and ads (Bloomberg)

Bloomberg:
Sea reports Q2 revenue up 38% YoY to $5.26B, vs. $5B est., a $414M net income, vs. $444M est., Shopee revenue up 34% YoY to $3.8B, driven by commissions and ads  —  Sea Ltd. second-quarter sales beat analysts' estimates as more of Southeast Asia's consumers turn to online shopping for anything from iPhones to daily groceries.

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