Alibaba Group swung to an operating loss of more than $1.1 billion in the quarter through March because of the Chinese government’s recent $2.8 billion anti-monopoly fine. It was the Chinese e-commerce giant’s first-ever quarterly operating loss as a listed company since it went public in the U.S. in 2014. A big question is whether Alibaba will face any further consequences from China’s...
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The 1:1 google
‘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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