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Gaming Surge Helps China’s Tencent Beat Q1 Earnings Forecasts

Gaming Surge Helps China’s Tencent Beat Q1 Earnings Forecasts
Gaming Surge Helps China’s Tencent Beat Q1 Earnings Forecasts
May 13, 2020  |  Earnings

China’s multinational conglomerate Tencent beat earnings forecasts in the first quarter of 2020 with total net revenues of $15.2 billion, up 26 percent from the...

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Today In Payments: New Research Shows 100K+ SMBs Won’t Recover; Uber, Grubhub Combo Would Create Delivery Giant
Today In Payments: New Research Shows 100K+ SMBs Won’t Recover; Uber, Grubhub Combo Would Create...
May 13, 2020  |  News

In today’s top news, new research shows that more than 100,000 SMBs will fold due to the pandemic, and Uber has reportedly made an offer...

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Should M&A Be Banned Amid The Pandemic?
Should M&A Be Banned Amid The Pandemic?
May 13, 2020  |  ANTITRUST

The Pandemic Anti-Monopoly Act proposed by Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez might not be the best move during the coronavirus pandemic, according to...

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Rakuten Mobile To Acquire InnoEye To Expand Cloud Network Services
Rakuten Mobile To Acquire InnoEye To Expand Cloud Network Services
May 13, 2020  |  Partnerships

Rakuten Mobile Inc., a Tokyo internet services provider, plans to acquire InnoEye, an engineering technology company based in Virginia, per a company statement. Terms of...

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Chicago’s Tock Raises $10 Million For Upscale Takeout
Chicago’s Tock Raises $10 Million For Upscale Takeout
May 13, 2020  |  Investments

Chicago-based restaurant booking platform Tock raised $10 million in a Series C funding round led by Valor Siren Ventures with participation from Origin Ventures.  Get...

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Why This Recovery Will Not Be Brought To You By The Letter V
Why This Recovery Will Not Be Brought To You By The Letter V
May 13, 2020  |  Economy

Never before in history have so many people looked to the alphabet to model the shape of their economic future. That the economy has taken...

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Singapore Debuts Mask Vending Machines
Singapore Debuts Mask Vending Machines
May 13, 2020  |  Unattended Retail

Vending machines that dispense masks may soon be coming to a shopping mall near you. Gaming company Razer said it will roll out the machines...

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Fed’s Powell Expects Substantial Recovery Post-COVID
Fed’s Powell Expects Substantial Recovery Post-COVID
May 13, 2020  |  Economy

Federal Reserve Board Chairman Jerome Powell said that while Washington’s nearly $3 trillion economic response to the coronavirus is on target, it will likely not...

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