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China’s Tencent unveils goal to run on 100% green energy by 2030

  Bloomberg Tencent Holdings Ltd is stepping up the use of renewable energy with a goal of zeroing out emissions by 2030, acknowledging the damage wrought by its data centers while heeding Beijing’s call to protect the environment. The Chinese social media and gaming giant plans to use all but renewable energy by the same timeframe and has already purchased ...

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Ukraine’s crisis will not remain a localised crisis

Don’t make the mistake of thinking that Russia’s invasion of Ukraine is a lamentable but localised crisis, whose consequences will be felt only by people far away. Russian President Vladimir Putin’s war has created perhaps the gravest security crisis of this century, one that will have profound effects around the globe. The pain will be borne mostly by Ukraine, of ...

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Alibaba has a bigger problem now

Alibaba Group Holding Ltd’s slowest quarter on record comes amid a prolonged crackdown on China’s major technology companies. It’s easy to conflate the two. But the increased regulatory burden is overshadowed by even harsher problems. Chief among them: peak customer. It’s a reminder that the country’s burgeoning middle class is no longer easy pickings for high-flying companies with ubiquitous platforms. ...

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