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Exclusive: Tencent scraps plans for VR hardware as metaverse bet falters

Tencent Holdings is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant…

3 years ago

WeWork to exit 40 U.S. locations to cut costs, revenue outlook disappoints

WeWork Inc said on Thursday it will exit about 40 locations across the United States and forecast current-quarter revenue below…

3 years ago

JPMorgan to boost Asia private banking headcount by over 100 this year – sources

JPMorgan Chase & Co (JPM.N) plans to boost its private banking business headcount in Asia by more than 100 this year, two…

4 years ago