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Chinese tech giants post worst growth on record due to zero Covid

Chinese tech giants, including Alibaba, have seen slower growth and no growth as China’s economy faces weakness as a result of Beijing’s zero-Covid policy. Qilai Shen | Bloomberg | Getty Images Chinese tech giants are coming off their worst quarter of growth on record as a major slowdown in the world’s second-largest economy, fueled by …

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A&E Calendar: For the best in local entertainment | cafeteria

Shop fresh at the Litchfield Community Market, 1-5pm May through October along North Fourth Street. For more information, call 320-552-1387. Block party 5-8pm at Oak Heights Covenant Church, 1398 South Grade Road SW, Hutchinson. This event features free games, food and entertainment for all ages. For more information, call the church office at 320-587-8483. Night …

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Amazon seller Packable lays off employees, begins liquidation

About a year ago, online retailer Packable was preparing to go public through a special-purpose buyout company. With the SPAC market having evaporated and the economy now sputtering, Packable is laying off staff and preparing to liquidate, according to internal documents reviewed by CNBC. Packable is the parent company of Pharmapacks, an online retailer of …

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Travel guru Samantha Brown’s 3 tips to avoid flight delays

When Samantha Brown heads to the office, she can be anywhere from a beach on the New Jersey shore to the grand palaces of South Korea. That’s because Brown’s “workplace” is wherever she happens to be producing the latest episode of her PBS series, “Samantha Brown’s Places to Love.” In effect, she vacations for a …

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San Francisco’s slow recovery from Covid is a struggle for small business

An Airbnb-funded billboard shows opposition to Proposition F in downtown San Francisco, California. Josh Edelson | AFP | Getty Images Marshall Luck’s chiropractic and massage practice in downtown San Francisco survived the Covid-19 pandemic thanks to government stimulus money and a large amount of debt. But more than two years since lockdowns swept the city, …

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Ed Vasicek: Problems with modern technology | Opinion

The golden rule of social media is, “Twitter as you would like to be tweeted.” Today’s column will address some of the problems that modern technology brings. Let’s start with trolling. What is trolling? “A troll is Internet slang for a person who intentionally tries to incite conflict, hostility, or argument in an online social …

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The Chinese tech giant reports its first ever revenue decline

Tencent posted its first quarterly year-over-year revenue decline as tighter regulations around games in China and a resurgence of Covid-19 in the world’s second-largest economy hit the tech giant. Here’s how Tencent did in the second quarter, against Refinitiv’s consensus estimates: Income: 134.03 billion Chinese yuan ($19.78 billion) vs. 134.6 billion yuan expected, down 3% …

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