Sonos, which sells voice-activated, internet-connected speakers and other audio electronics, plans to source all of its U.S.-bound products from Malaysia by the fall, Chief Financial Officer Brittany Bagley said. The U.S. is the company’s core market, generating more than half of its revenue.
The Miami Beach, Fla.-based company, which owns, operates and supplies charging stations, raised about $221.4 million in the January offering, taking advantage of investor enthusiasm for green stocks. The share sale expanded Blink Charging’s cash balance by roughly eightfold.
Some German auditors fear new legislation aimed at increasing audit quality would hurt competition and help the Big Four firms—Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers—gain further market share.
More Black, Asian and Latino executives are getting to pick and choose their finance jobs, as companies look to boost diversity in their leadership teams amid heightened public awareness about racial inequality in the U.S.
Some of that cash will be put to work in Nielsen One, which aims to set a single metric for both traditional and streamed television.