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Tencent charging for more content drives up profit
China’s Tencent Music Entertainment Group said it had started charging for more of its pay-for-streaming services helped drive up profit above expectations. Read more…
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Softbank shares jump after record buyback and profit surge
SoftBank shares jumped 17% on Thursday, adding $14bn to market value, after it unveiled a record share buyback and a surge in quarterly operating profit. Read more…