From a one-man operation to 1.6 million followers, a new medium emerges

Han Zhang of the New Yorker magazine has written an article on a resoundingly successful emerging business model for the struggling world journalism. ( College Daily, which now has more than 30 staffers in Beijing and 15 in New York, launched at the beginning of 2014 as a one-man operation in an apartment in Beijing.  […]

Chinese tech giant Tencent Holdings Ltd.’s profits soar in 2nd quarter

BEIJING—Chinese internet giant Tencent Holdings Ltd. reported a 35-per-cent increase in second-quarter net profit, enjoying a boost from the release of popular new video games, reports Shan Li of the Wall Street Journal. ( Tencent, the world’s largest gaming company, said Wednesday that its net profit for the April-June period rose to 24.1 billion yuan […]