Bloomberg Tencent Joins Alibaba in Spending Spree as Competition Grows (Bloomberg) — Tencent Holdings Ltd. pledged to sharply increase investments this year after posting a 25% gain in quarterly revenue, joining its biggest rivals in a spending binge that will jack up competition in China’s post-pandemic internet arena.China’s largest tech corporations are vying to entice users in the fast-growing arenas of online commerce and video. Tencent plans to plow a larger portion of its… Source link
Read More »Russell Westbrook sets franchise triple-double record
Russell Westbrook hasn’t been with the Washington Wizards long. Just 38 games, in fact. Yet on Monday night, Westbrook became the franchise’s all-time leader in triple-doubles. Westbrook put up 35 points, a season-high 21 assists and 14 rebounds in Washington’s 132-124 win against the Indiana Pacers at Capital One Arena — which marked his 16th of the season. Darrell Walker held the organization’s last record with 15 triple-doubles, something he did over 283 games between… Source link
Read More »Disney will test the limits of ‘franchise fatigue’ in 2021 and 2022
In November 2019, just a few days after Disney+ launched, Netflix (NFLX) content chief (now co-CEO) Ted Sarandos, speaking at a Paley Center for Media event, said that Disney (DIS) is “bound by” its content universes, a reference mostly to Marvel and Star Wars. He continued: “I do think the risk of being bound in a few universes is that there sometimes may be a melting ice cube of interest over time.” That has been the most common knock on Disney for a few years now: that if Disney… Source link
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