Huawei h1 yoy 44.73b 2.2b

Huawei h1 yoy 44.73b 2.2b

ByJohn

In a significant financial development, Huawei Technologies (HWT.UL) announced on Friday that its net profit for the first half of the year more than halved. The challenging economic landscape, coupled with the impact of U.S. technology restrictions, contributed to a 5.9% year-on-year drop in revenue to 301.6 billion yuan ($44.73 billion), with a steeper decline…

Appellate Amazon Amazonlazarus Angelestimes

ByJohn

In a groundbreaking decision, a panel of state Court of Appeal justices in Los Angeles has challenged Amazon’s stance on its responsibility for the safety of products sold on its platform, especially those offered by third-party vendors. Amazon’s Claim Rejected Contrary to Amazon’s assertion that it is merely a facilitator connecting buyers and sellers, the…