Tencent's quarterly profit drops 13% as economic slowdown bites

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Tencent's quarterly profit drops 13% as economic slowdown bites

BEIJING (Reuters) – China’s Tencent Holdings Ltd reported a surprise 13% drop in quarterly profit on Wednesday hurt by a weaker-than-expected core smartphone games business and falls in media advertising and computer games revenue. FILE PHOTO …
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Toyota Camry, Avalon cop RAV4's all-wheel drive system for all-season traction

Frozen precipitation? It’s snow match for the Camry AWD. Toyota. Toyota has read your letters, emails and texts for nearly the past 30 years, and it even read the YouTube comments. All-wheel drive for the Toyota Camry is back. And this time, the larger Toyota …
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A viral $75 Costco coupon is fake, Costco says. (So please stop reposting it)

(CNN) That $75 Costco coupon floating around Facebook that seems too good to be true is, in fact, too good to be true. The company debunked the coupon scam that promised users $75 off their purchase at the wholesale warehouse. “While we love our fans …
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Powell: Economy seen in sustained expansion

(Reuters) – U.S. central bankers see a “sustained expansion” ahead for the country’s economy, with the full impact of recent interest rate cuts still to be felt and low unemployment boosting household spending, Federal Reserve Chair Jerome Powell said on …
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Datadog Delivers in Its First Quarter as a Public Company

You only get one chance to make a first impression, and Datadog (NASDAQ:DDOG) apparently nailed it in its first financial report as a public company. The provider of cloud monitoring and analytics tools moved sharply higher after posting …
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