Tencent suffers first-ever drop in quarterly revenue

Image Source: Indian Today The absence of game approvals and rules that restrict playing time, as well with COVID-19 lockdowns and a weak economy that reduced ad revenue, all contributed to China’s Tencent reporting its first-ever quarterly sales decline on Wednesday. Tencent fell short of revenue and profit projections. In addition, Tencent experienced macroeconomic challenges […]

US inflation eases in July as petrol prices drop

Image Source: The Jakarta Post The pace of rising prices in the US slowed down last month, but they still increased quickly. According to the Labor Department, the annual US inflation rate, which measures how quickly prices rise, dropped from June’s peak of 9.1% to 8.5% in July. Aside from energy, prices for a wide […]

Stablecoins Sees a Drop Over Crypto Volatility Concerns

Photo: Criptotendencia Investors are getting out while they still can, as market volatility rampant. As a result, stablecoins have plummeted.  The stablecoins market cap has plunged over the past few weeks, from about $181 billion in early May to only $156.8 billion.  Though not as large of an extent, Tether’s price also saw a drop […]

David Guetta, Becky Hill & Ella Henderson drop ‘Crazy What Love Can Do’

Powerhouses Becky Hill and Ella Henderson have been known for lending their distinct vocals to some of the biggest dance tracks over the past few years. Now, they’ve both teamed up with dance juggernaut David Guetta for what looks set to be the soundtrack of the summer – ‘Crazy What Love Can Do’. A feel […]