Friday, December 30, 2022

Huawei has exited "crisis mode" following US restrictions and expects ~$91.5B in 2022 revenue, unchanged from 2021, due to growing telco infrastructure sales (Dan Strumpf/Wall Street Journal)

Dan Strumpf / Wall Street Journal:
Huawei has exited “crisis mode” following US restrictions and expects ~$91.5B in 2022 revenue, unchanged from 2021, due to growing telco infrastructure sales  —  Chairman says U.S. restrictions are ‘new normal’ and company is ‘back to business as usual’ as telecom business sees growth



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ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company at $700M and taking a roughly 5% stake (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company ...