Verified Cormac McCarthy account on Twitter turns out to be fake

"The account referenced was verified by mistake and that has since been reversed," a Twitter spokesperson told The Associated Press on Monday. "The account will also be required to adhere to Twitter's parody, newsfeed, commentary, and fan account policy." https://ift.tt/3fqMzXg

Infineon held back by tight supply, Coronavirus hit to Asian output

Third-quarter revenue of 2.72 billion euros ($3.2 billion) was below the consensus of 2.77 billion euros in a poll of analysts by Vara Research. Profit margin widened to 18.2% from 17.4% in the prior quarter, beating a consensus view of 18%. https://ift.tt/3A8FQcr

China regulator to probe auto chip distributors over price-gouging suspicions

The action by the State Administration For Market Regulation (SAMR) is the latest in a regulatory crackdown following a range of companies and industries targeted over the past year as the Chinese government clamps down on industry. https://ift.tt/3fn6s1p

Epic Games and other US companies support bill designed to curb app store operators

A US-based group of companies including Epic Games and Spotify, that voiced opposition to commissions major app stores collect from developers, expressed support on Tuesday for legislative movement in South Korea to pass a bill that seeks to curb the so-called app store taxes. https://ift.tt/3jh1W5Y

1More Launches New Earphones in India Under Its Omthing Brand

1More Omthing AirFree Lace Neckband, Omthing AirFree TWS, and Omthing AirFree Pods have launched as budget friendly offerings from Omthing, which is a new sub-brand of 1More. The Omthing AirFree Lace... https://ift.tt/3jl9AMu

Alibaba misses in Q2, reporting $31.8B revenue, below $32.4B estimates, as net income rebounds to $7B from a loss in Q1 due to an antitrust fine (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg:
Alibaba misses in Q2, reporting $31.8B revenue, below $32.4B estimates, as net income rebounds to $7B from a loss in Q1 due to an antitrust fine  —  - It returned to profit after first loss in 9 years last quarter  — Jack Ma's firm is seeking to look past its regulatory woes