Power shift: tech giants are building the new conglomerates
As GE and J&J split up, Jack Dorsey's Block, Meta, Alphabet, Tencent, and ByteDance are building the conglomerates of a new era.
All posts tagged: tencent
Tech giants just the first to get aligned in China
This column was first published in SvD Näringsliv, in Swedish, on August 20th, 2021. This piece was translated from Swedish by Claude. Some phrasing may differ from a human translation. Contribute to the state’s goals – or suffer the consequences. This is the message that the Chinese state has recently sent to the country’s tech companies. Fears are now being raised that the same harsh stance will spread to more sectors. 50 billion yuan – about […]
The double edged sword of success: Understanding Naspers and their Tencent investment
“The investment strategy at the time was to find a replacement revenue source for its traditional print media business – which it forecast would decline in the advent of digital media” That’s a quote from an article describing Naspers, a South African media company, in the 1980s. Koos Bekker – now the Chairman – had suggested that there was potential for a new type of pay TV in South Africa, similar to HBO. The narrative […]