Finland launches new 5G spectrum auction
Finland launched its second auction of frequencies for high-speed 5G mobile networks on Monday, the Finnish Transport and Communications Agency said....
Ericsson flags margin headwind over China 5G contracts, takes $108 million charge
Ericsson’s second-quarter results will take a hit of about 1 billion crowns ($108.8 million) due to write-downs of product inventory in the Chinese market, the...
Samsung leader appears in court, waits to hear if he’ll be jailed again
Samsung Group’s leader, Jay Y. Lee, appeared before a South Korean court on Monday, awaiting a ruling on whether new allegations including accounting fraud and...
Ericsson to take $108.8 million hit in second quarter due to asset write-down
Ericsson’s second-quarter results will take a hit of about 1 billion Swedish crowns ($108.8 million) due to write-downs of product inventory in the Chinese market,...
Didi Chuxing CEO says ride sharing orders recover to pre-pandemic levels
Didi Chuxing, China’s biggest ride-hailing company which counts SoftBank as a backer, saw its ride sharing orders in China this month recover to levels seen...
Samsung heir appears in court, awaits decision on whether he’ll be jailed again
Samsung Group heir Jay Y. Lee on Monday arrived at a South Korean court which will rule whether he will be sent back to jail...
UK considers giving drivers up to £6,000 in new car scrappage scheme: Telegraph
British Prime Minister Boris Johnson is considering giving drivers up to 6,000 pounds ($7,609.20) to swap their diesel and petrol cars for electric vehicles, under...
India’s Reliance says Abu Dhabi Investment Authority invests $752 million in digital unit
Indian oil-to-telecoms giant Reliance Industries said on Sunday that the Abu Dhabi Investment Authority (ADIA) will buy 1.16% of its digital unit Jio Platforms for...
Facebook’s Zuckerberg promises a review of content policies after backlash
Facebook CEO Mark Zuckerberg on Friday said he would consider changes to the policy that led the company to leave up controversial posts by President...
Facebook’s Zuckerberg says working on products to promote racial justice
Facebook Inc has started a workstream for building products to advance racial justice in response to the ongoing protests in the country, Chief Executive Officer...