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social media

GameStop boosts teen interest in investing: survey
Business & Finance

GameStop boosts teen interest in investing: survey

  • A third of teens say they are learning financial lessons from the internet and social media, according to the survey of 13 to 17 year olds and parents of teenagers.
  • About 45% of teens said "the GameStop social media situation" boosted their interest in investing with 53% of boys claiming increased interest and 40% of teen girls, according to Wells Fargo.
Published 02 Jun, 2021 06:57pm
Tencent Q1 profit rises 65pc as online gaming revenue climbs
Business & Finance

Tencent Q1 profit rises 65pc as online gaming revenue climbs

  • Tencent, the world's largest gaming firm by revenue, booked profit of 47.77 billion yuan ($7.42 billion) for the three months through March, higher than the average analyst estimates published by Refinitiv of 35.45 billion yuan.
  • The results come as Chinese regulators have stepped up an anti-trust clampdown on internet giants, and have already penalised Tencent rival Alibaba $2.75 billion.
Published 20 May, 2021 09:30pm
Facebook oversight board to rule on Trump’s return to Facebook
World

Facebook oversight board to rule on Trump’s return to Facebook

  • Facebook's oversight board on Wednesday will decide whether to uphold the company’s indefinite suspension of former U.S. President Donald Trump.
  • Several academics and civil rights groups have publicly shared their letters urging the board to block Trump permanently, while Republican lawmakers and some free expression advocates have criticised the decision.
Published 05 May, 2021 05:08pm