Chinese social media and gaming company Tencent exceeded profit expectations in the third quarter, with a 47% surge in profit to 53.23 billion yuan, driven by growth in games, advertising, and cloud services. Gaming revenue rose by 8%, with domestic revenue up 14% and international games up 11%, while marketing services revenue increased by 17% due to strong demand for short videos and search features within the messaging app Weixin/WeChat. Tencent highlighted the benefits of its AI tools, with search within Weixin showing growth in commercial queries and click-through rates, and a nine-fold increase in accounts using AI-driven advertising features.
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Will Russia agree to a ceasefire after U.S.-Ukraine talks?
Russian President Vladimir Putin has not offered any concessions to end the war with Ukraine, while Washington has suggested Ukraine must surrender territory to Russia and give up NATO aspirations. Other voices in Moscow, including ultranationalist Alexander Dugin, are wary of a ceasefire deal proposed by Rubio and National Security adviser Mike Waltz. The proposal includes resuming U.S. aid to Ukraine and enforcing a 30-day ceasefire, leaving the decision up to Moscow to accept or...
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