Thursday, April 11, 2024

Sources: Foxconn is considering a new rotating CEO system, a major and unusual overhaul to nurture talent; a source says the plan is a response to investors (Yimou Lee/Reuters)

Yimou Lee / Reuters:
Sources: Foxconn is considering a new rotating CEO system, a major and unusual overhaul to nurture talent; a source says the plan is a response to investors  —  Apple supplier Foxconn is considering introducing a rotating chief executive system in a major overhaul of its management structure designed …



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Baidu reports Q1 revenue up 1% YoY to ~$4.4B, above ~$4.35B est., the slowest growth in over a year, and net income down 6% YoY to ~$755M, above ~$554M est. (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg : Baidu reports Q1 revenue up 1% YoY to ~$4.4B, above ~$4.35B est., the slowest growth in over a year, and net ...