Wednesday, March 24, 2021
Xiaomi flags rising costs of chips
Chinese smartphone maker Xiaomi flagged rising costs from a global chip shortage and reported quarterly revenue below market estimates, even as its international business head jumped ship to TikTok owner ByteDance. Shares in Xiaomi Corp fell as much as 9% in early morning trading on Thursday, before paring losses to trade down 5%. https://ift.tt/3w0oAF0
Subscribe to:
Post Comments (Atom)
UK publisher Bloomsbury says it is among the beneficiaries of the $1.5B Anthropic settlement; 14,087 of its titles are covered, with ~$3K in compensation each (Anushka Chourasia/Reuters)
Anushka Chourasia / Reuters : UK publisher Bloomsbury says it is among the beneficiaries of the $1.5B Anthropic settlement; 14,087 of its...
-
Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...
-
Top fintech companies are rushing to tap into this new consumer trend, with several of them offering digital solutions to small merchants. h...
No comments:
Post a Comment