Monday, December 26, 2022

Internal memo: Xiaomi President Wang Xiang and co-founders Hong Feng and Wang Chuan step down, as the company battles slowing sales amid COVID-19 disruptions (Financial Times)

Financial Times:
Internal memo: Xiaomi President Wang Xiang and co-founders Hong Feng and Wang Chuan step down, as the company battles slowing sales amid COVID-19 disruptions  —  China's leading handset maker has suffered Covid disruption at home and regulatory woes abroad  —  Three top executives …



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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 ...