Tencent exec likens LeEco to a “Ponzi scheme” as its parent company takes a fall

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Leshi, which started as a streaming media company in China, is struggling to retain subscribers and is working towards paying off billions in debt.

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Facebook Reactions nearly ready for prime time: a world beyond “like”

Facebook’s on the cusp of a big transition, one that will give its users new ways to interact with shared content, expressing their feelings about what they’re reading with a greatly expanded emotional vocabulary. Yup: we’re talking about “likes.” The idea of Facebook expanding beyond simple “like” feedback is one that’s been kicking around for the better part of ever, but without a clear vision of just how that might happen; maybe a “dislike” button is the most obvious ...

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