Tencent Music seeks IPO in the US Chinese internet giant Tencent is seeking to spin off its online music entertainment business and aim for an initial public offering in the US, according to a stock filing to the Hong Kong stock exchange. Read more: https://zd.net/2KEJB49 WeWork has withdrawn its plan to launch an Initial Public Offering (IPO) in the midst of board changes and investor concerns over future profits. This week, as reported by the Washington Post, co-chief executives Artie Minson and Sebastian Gunningham said the firm is pivoting to a focus on the improvement of its core business rather than entry into the public stock market. Featured Best Microsoft Surface device deals: Top sales on Surface hardware and accessories How Amazon and Microsoft could build the world’s biggest app store Galaxy Fold first look: Prepare to be amazed by the future of smartphones Six fugly and strange secret hacks and tricks you can do with tabs in Chrome How Amazon chooses new form factors for Alexa (ZDNet YouTube) However, the executives said that WeWork has “every intention” of becoming a public company in the future.Founded in 2010, WeWork emerged as a tech unicorn that snagged the interest of investors… Read full this story
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