Bloomberg Business

Tencent Billionaire Goes on a Tirade as Cracks Appear in Empire

Many multinational CEOs like to close out the year with a message of congratulations. Tencent Holdings Ltd.’s billionaire co-founder Pony Ma delivered a no-holds-barred rant about slacking, oblivious and even corrupt employees.

Philippine Bourse Seeks Clarity on PLDT Claim It Found No Fraud

The Philippine Stock Exchange has asked PLDT Inc. to clarify its announcement that it did not uncover any fraud, anomalies, overpricing and unrecorded transactions in its 48-billion peso ($871 million) capital spending overrun, shortly after the Philippines’ biggest phone company by revenue had disclosed it.

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