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NIO Proactively Shrinks Its Mobile Phone Business

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SES shrinks board as shareholder calls for bigger changes

A rendering of O3b mPower, SES' broadband constellation in medium Earth orbit. Credit: SES TAMPA, Fla. — SES has outlined plans for a more streamlined board of directors, but one of the satellite operator’s biggest shareholders says the changes don’t go far enough amid mounting competition in the space industry. The Luxembourg-based company said it