Business

Huawei’s growth slows sharply as US sanctions take off.

[ad_1] The Huawei headquarters building is displayed in Reading, Britain, on July 14, 2020. Matthew Childs | Reuters GUANGZHOU, China – Huawei’s revenue growth slowed drastically in the third quarter, while its margin narrowed as U.S. sanctions disrupted its business. Revenues for the September quarter were 217.3 billion yuan ($ …

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Quibi was a viral failure, not a virus

[ad_1] “Competition for time and consumer engagement continues to be vibrant. . . we’re still pretty small relative to total screen time, ”Netflix said Tuesday. Quibi proved his point of view in the stiff broadcast competition a day later. The “quick snacks” mobile video service said it would shut down …

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