TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Tencent Music revealed this week that it has appointed its new chief executive officer and chairman. The announcement shows a major leadership shake-up in the company but it was a welcomed change.
The executive shuffle at Tencent Music
The Chinese music streaming firm released a statement to inform everyone that Cussion Kar Shun Pang has vacated his post as Tencent Music Entertainment Group’s chief and handed over the position to Zhu “Ross” Liang.
Cussion will not be leaving the company though as he will take on another job as the chairman of the board. As per Market Watch, before stepping down as CEO, Cussion has been leading the company as its chief since 2016.
Now, as he assumes the role of the board’s chairman, Tong Tao Sang will make his exit after resigning. Tong will be replaced by Cussion after serving for five years.
On the other hand, Ross has been Tencent’s vice president since 2016 before being assigned to the CEO role at TME. He has worked at Huawei Technology Corp. before joining Tencent.
“I am delighted to have Ross join our team as the CEO,” Cussion said as he welcomes the new chief in a press release. “Ross’ proven track record in building successful online entertainment platforms and social ecosystems, combined with his breadth of experience delivering strong results through successful expansion into new business areas, makes him ideally suited to accelerate our evolution into an all-in-one online music and audio entertainment destination in China.”
About Ross Liang
Once Ross takes the helm at Tencent Music, he will be working closely with Cussion to ensure that the company will maintain good relationships with its subscribers, shareholders and business partners. He started working at Tencent in 2003 and held executive positions before transferring to TME.
He has also worked at businesses within Tencent including QQ Music, YouTu Lab, Tencent Docs, WeSing and more. He graduated from Tianjin University in 2003 for his doctorate degree in signal and information processing. Finally, Ross said he is honored to lead Tencent Music as CEO and looking forward to working with Cussion.
