News Snapshot:
HONG KONG, Feb 16 (Reuters) - Tencent Holdings (0700.HK) said on Thursday it was making some personnel adjustments after a media report said that the Chinese tech company was laying off staff in its recently formed "extended reality" (XR) business. Chinese tech outlet 36Kr reported on Thursday, citing unnamed sources, that Tencent had notified the unit's more than 300 staff that they would be given two months to find new internal or external opportunities and that the unit would be disbanded. Tencent, Asia's biggest internet company, told Reuters that it was untrue that it planned to disband the business. It...
