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Tencent’s WeChat popularity grows as revenue, profit jumps

Tencent Chinese Internet giant Tencent Holdings, which operates online games and the WeChat messaging service, said Wednesday its profit grew 42 percent as smartphone gaming revenues continue to rise. Tencent reported second-quarter earnings (PDF) of 5.83 billion yuan ($949 million) and revenue of 19.74 billion yuan for the three months ended June 30. Earnings excluding some items were 5.87 billion …

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Galaxy Alpha: Samsung’s stealth flagship smartphone?

The metal-banded Galaxy Alpha. Samsung This was not the usual Samsung smartphone launch. The Galaxy Alpha , one of two high-end smartphones that Samsung has been teasing this summer, made a quiet debut early Wednesday. Samsung announced the phone in a press release posted on its website. While the Galaxy Alpha had the usual run-up of rumors and speculation befitting …

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