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Group Q1 Adj. 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Excluding. the contra revenue impact from the new business development program,customer management revenue on a like-for-like basis would have grown by. --  Income from operations was RMB15,161 million , a. decrease of 57% year-over-year, primarily due to the decrease in adjusted. EBITA, impairment of goodwill and a provision recorded this year.Adjusted EBITA, a non-GAAP measurement, decreased 30% year-over-year to. investment in technology, partly offset by the improved operating results. in our Cloud business, as well as enhanced operating efficiencies across. --  Net income attributable to ordinary shareholders was RMB10,537 million. a decrease of 75% year-over-year, primarily attributable to the decrease. in income from operations, decrease in net gains from disposal of. investments, and the decrease in net gain from mark-to-market 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Chatter: Australia Passes Legislation Ordering Social Media to Pay Taxes on News Usage","url":"https://stock-news.laohu8.com/highlight/detail?id=2660454407","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2660454407?lang=en_us&edition=fundamental","pubTime":"2026-08-20 17:04","pubTimestamp":1787216679,"startTime":"0","endTime":"0","summary":"Australia passed a law on Thursday ordering Meta Platforms'  Facebook and Instagram, Alphabet's  Google, Microsoft's  LinkedIn and ByteDance's TikTok to pay millions of dollars in payments if they don't forge commercial deals with media outlets for posting news on their platforms, Reuters reported Thursday.The law, called the News Bargaining Incentive, taxes the social media platforms 2.5% on ad revenues to be paid to Australian news outlets unless they make deals with the media organizations, the report said.The tax applies to companies with significant social media or search services in Australia with annual ad revenue, exceeding 250 million Australian dollars , the report said.Meta, Google, Microsoft and TikTok did not immediately respond to MT Newswires' request for 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