Tencent is seeking up to $1.6bn by selling down its stake in short-video platform Kuaishou, Bloomberg reports. A term sheet seen by Reuters puts the block trade at up to $1.55bn. The deal covers about 273 million shares, a 7.5% stake, offered at HK$43.15 to HK$44.53 each. That represents a discount of 3.2% to 6.2% to Monday’s […]<br /> This story continues at The Next Web [...]
Not everyone needs to spend a fortune to get a mobile phone that does everything they want. The best budget Android phones prove you can snag a new phone with great performance, solid build quality and all the key features you actually care about — without the hefty price tag. You might not get a flagship device with every bell and whistle, but for most people, that’s probably just fine.Maybe [...]