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The UK CMA says it will label Apple and Google as having "strategic market status", imposing stricter rules on how they run their platforms to boost competition (Financial Times)

Financial Times : The UK CMA says it will label Apple and Google as having “strategic market status”, imposing stricter rules on how they...

25 April 2024

Franco-Italian chip company STMicro reports Q1 revenue down 18% YoY to $3.47B, below $3.63B est., and expects Q2 sales down 26% YoY to $3.2B, below $3.79B est. (Jillian Deutsch/Bloomberg)

Jillian Deutsch / Bloomberg:
Franco-Italian chip company STMicro reports Q1 revenue down 18% YoY to $3.47B, below $3.63B est., and expects Q2 sales down 26% YoY to $3.2B, below $3.79B est.  —  - Chipmaker says slower automotive demand hurt recent sales  — Full-year forecast lowered to $14 billion to $15 billion

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