Samsung said its operating profit for the fourth quarter of last year likely dropped 34% from a year earlier, reporting a figure that was better than expectations. Samsung’s stock rose Wednesday morning on hopes that the worst may be over for the company’s chip business. The key question is whether 2020 will be a better year for the global semiconductor market than 2019, when memory chip prices...
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‘We Just Have to Keep Winning’: A Sonos Executive With a Colorful History Goes to War Against Google

A few months into his job as chief legal officer of Sonos, Eddie Lazarus was ready to wage war. When Lazarus joined the audio hardware company in late 2018, it was facing growing competition from tech giants like Amazon and Google. Both companies were selling cheap speakers capable of multiroom audio playback, a feature Sonos had pioneered on its devices more than a decade earlier. Sonos...
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