Thursday, March 26, 2020

Sony to spin off its consumer electronics, imaging, and mobile businesses into new intermediate holding company Sony Electronics Corporation on April 1 (DL Cade/PetaPixel)

DL Cade / PetaPixel:
Sony to spin off its consumer electronics, imaging, and mobile businesses into new intermediate holding company Sony Electronics Corporation on April 1  —  Early this morning, Sony announced that it would be spinning off its entire “Electronics Products & Solutions” (EP&S) segment …



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Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third straight quarter of losses amid a food delivery price war (Tracy Qu/Wall Street Journal)

Tracy Qu / Wall Street Journal : Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third st...