Ericsson warns on negative margin impact, shares fall 7%
Telecoms equipment maker Ericsson posted quarterly earnings in line with forecasts but said it expected costs related to winning new contracts for its network business...
Amazon faces EU antitrust probe over use of merchant data: source
Amazon, the world’s largest online retailer, could face an EU antitrust investigation within days over its use of merchants’ data, a person familiar with the...
Bulgarian cybersecurity worker detained over tax agency hack attack
A 20-year-old Bulgarian cybersecurity worker has been arrested on suspicion of involvement in a hacking attack that stole millions of taxpayers’ personal and financial data,...
Ericsson says on track for 2020 targets as second-quarter profit matches forecasts
Mobile network gear maker Ericsson posted a second-quarter profit in line with expectations on Wednesday and said it was on track to meet its financial...
G7 finance ministers look to rein in tech giants at French meeting
G7 finance ministers will have the growing powers of big digital firms in their sights when they meet on Wednesday outside Paris despite divisions about...
Toyota, China’s CATL in partnership for new energy vehicle batteries
Toyota Motor Corp said on Wednesday it had agreed to partner with China’s Contemporary Amperex Technology Co Ltd (CATL) to supply and further develop batteries...
Making sense of chaos? Algos scour social media for clues to crypto moves
After months of relative calm in cryptocurrency markets, bitcoin exploded back into life in April with its sharpest price jump in over a year –...
Dialog Semiconductor raises second-quarter profit outlook
Anglo-German chip designer Dialog Semiconductor on Wednesday raised its second-quarter earnings outlook, citing strong revenue and gains from a transfer of assets to iPhone maker...
France says G7 focused on containing risks of Facebook’s Libra
Group of Seven finance ministers meeting in France this week will make it one of their priorities to contain the risks posed by new currencies...
Ericsson second-quarter operating profit matches expectations
Mobile telecom equipment maker Ericsson reported on Wednesday a rise in line with expectations in second-quarter operating earnings helped by strong sales growth in North...