Accenture Plc’s reports net income of $1.36 billion on the strength of its cloud and digital services

Accenture Plc’s first quarter earnings have beaten Wall Street analysts’ estimates, on the back of fast-growing digital and cloud services businesses. The IT consulting firm has shifted its focus to the cloud and offers a wide range of services ranging from managing clients’ social media marketing strategies to helping them move to the cloud. Accenture…

Tencent’s earnings report reveals surging licensing and content production costs

Excluding one-off items, Tencent Music Entertainment Group earned 0.57 yuan per American depositary share in the quarter, in line with analysts’ average estimate, according to IBES data from Refinitiv. In a significant development, China’s hugely successful content streaming firm Tencent Music Entertainment Group delivered its first earnings report as a public company. Although its result…