Slack shares recover from hammering after first results as public company
Shares of Slack Technologies Inc recovered initial losses to trade just 2% lower on Thursday, after the workplace messaging firm’s first quarterly report as a...
Italy approves use of special powers over 5G supply deals
Italy’s new government on Thursday approved its use of special powers in supply deals for fifth-generation (5G) telecom services by a number of domestic firms...
Samsung to launch Galaxy Fold in South Korea on Sept. 6 priced $2,000
Samsung Electronics Co Ltd on Thursday said its first foldable smartphone, the Galaxy Fold, will be available in South Korea from Sept. 6 with fifth-generation...
Chinese TV maker TCL launches 329 euro smartphone for video lovers
Chinese TV maker TCL Electronics launched a low-cost smartphone on Thursday in a bet that it can harness its expertise in screens to win over...
Ericsson’s CEO tells staff report of his imminent exit is incorrect
Swedish telecom equipment maker Ericsson’s CEO Borje Ekholm told employees in an internal note this week that a recent media report of his imminent replacement...
Porsche goes green with leather-free electric sports car
Porsche is making a leather-free version of its new Taycan electric sports car in the latest attempt by a German automaker to play up green...
Prudential buys Assurance IQ for $2.35 billion in new tech bet
Prudential Financial Inc is set to buy online insurance startup Assurance IQ Inc for $2.35 billion, the latest in a series of moves by traditional...
WeWork considers slashing IPO valuation amid pushback: sources
WeWork owner The We Company is considering slashing the valuation it will seek in an initial public offering (IPO) at a little over $20 billion,...
House panel to discuss Big Tech’s impact on privacy, antitrust
The House of Representatives’ antitrust panel will hold a hearing next week to discuss the effect of consumer data collection by big tech platforms, like...
Italy government approves use of special powers over 5G supply deals
Italy’s new government approved on Thursday the use of special powers in deals to purchase goods and services related to 5G technologies signed by a...