Economics of Tech: Xiaomi and Microsoft

I’ve been meaning to write about this for some time. YouTube recommended me two interesting videos on tech.

1. Why has Xiaomi announced that it will forever limits its net profit on all hardware to 5%?

Sounds puzzling right? Here’s a nice explainer video on why it may be a good strategic move. 

2. Why (in the hell) does Microsoft continue to offer Bing?

This one has a lesson in behavioral economics! Watch till 3:15.


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