Leaked documents detail Nokia's crucial role in Russia's vast surveillance system, providing equipment and services, which remains even as Nokia stops sales — The Finnish company played a key role in enabling Russia's cyberspying, documents show, raising questions of corporate responsibility.
Huawei reports 2021 revenue dropped 28.5% YoY to $99.9B, its first-ever yearly revenue decline as US sanctions continue, but net profit rose 75.9% YoY to $17.8B — - In 2021, Huawei brought in revenue of 636.8 billion Chinese yuan ($99.9 billion), a 28.5% year-on-year decline.
Sources: Apple plans to cut iPhone SE orders by ~20% for the next quarter, as war and inflation dampen demand, and reduces AirPods orders by 10M+ for 2022 — Lower orders to suppliers are early sign of pressure on tech industry — The war in Ukraine is causing supply chain turmoil …
Apple heavily relies on China for manufacturing, but its plan to invest $430B in the US over five years is a promising sign of ramped up diversification — The global supply chain will likely change rapidly over the next decade, shifting away from China. Apple saw it coming in 2018 …
Stacy Cowley / New York Times : The US Treasury says Robinhood and BNY will work with the federal government to handle tax-sheltered “Tru...
