Ericsson posts $1bn quarterly loss on Vonage write down
Swedish telecommunications equipment manufacturer Ericsson said Friday it had suffered a $1.0 billion quarterly loss after writing down the value of its purchase of US cloud-based communications operator Vonage.
Jul 12, 2024
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Boeing's fraud case shows that some businesses are still too big to fail
In January, Alaska Airlines flight 1282 nearly fell out of the sky when it lost a door plug at an altitude of more than 10,000ft, leading to rapid decompression of the main cabin of the plane.
Jul 11, 2024
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AI supercharges data center energy use, straining the grid and slowing sustainability efforts
The artificial intelligence boom has had such a profound effect on big tech companies that their energy consumption, and with it their carbon emissions, have surged.
Jul 11, 2024
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Germany to ban Chinese telecom giants from 5G network
Germany said Thursday it will phase out the use of components from Chinese telecom giants Huawei and ZTE in its 5G networks in the coming years due to national security concerns.
Jul 11, 2024
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EU accepts Apple plan to open iPhone tap-to-pay to rivals
The EU on Thursday approved Apple's offer to allow rivals access to the iPhone's ability to tap-to-pay within the bloc, ending a lengthy probe and sparing it a heavy fine.
Jul 11, 2024
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Analyzing cross-border and domestic early-stage financial investment in 3D printing
Professor Silvia Massini and co-author Eugene D. Hahn analyze early-stage financial investment in 3D printing, examining key drivers and geographic patterns. Their work is published in the Journal of International Management.
Jul 11, 2024
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Delta profits drop despite solid demand, hitting airline shares
Delta reported lower quarterly profits Thursday despite still-strong travel demand as it moderated a plan to add capacity in the fall in light of industry overcapacity.
Jul 11, 2024
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California software engineer claims Amazon manager told her jobs might not work for 'females'
Rajakumari Chouta of Fremont got the news this past November that she would be laid off in January from her software developer job at Amazon in San Francisco, so she began applying for new positions internally.
Jul 11, 2024
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Media upheaval: CNN cutting about 100 jobs, and CBS News president announces resignation
CBS News President Ingrid Ciprian-Matthews said Wednesday she's resigning after less than a year in her role, and CNN announced that it was eliminating approximately 100 jobs in continued signs of upheaval for the media business.
Jul 10, 2024
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Microsoft drops OpenAI board seat as scrunity increases
Microsoft has ditched plans to take up a non-voting position on the board of ChatGPT maker OpenAI, according to a letter seen by AFP on Wednesday, as regulators step up scrutiny of deals involving AI companies.
Jul 10, 2024
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