ECB sees no “business case” for digital currency yet: Mersch
The European Central Bank currently sees no “business case” for launching its own digital currency but is looking at how one would work should that...
Ericsson raises forecasts for 5G subscriptions due to pandemic
Swedish telecom equipment maker Ericsson said on Monday it will lift its forecast for 5G subscriptions globally to around 2.8 billion by 2025 from 2.6...
Iliad founder Niel invests in new InfraVia Capital 270 million euros fund
French private equity company InfraVia Capital Partners said on Monday it has closed a new tech-focused 270 million euros ($292 million) fund, which has attracted...
Sony suspends PlayStation Store in mainland China to upgrade security
Sony has suspended its PlayStation Store in mainland China saying it wanted to improve the online store’s security, in a move that will temporarily prevent...
Ericsson raises 2025 forecast for 5G subscriptions due to pandemic
Sweden’s Ericsson will lift its forecast for 5G subscriptions globally to around 2.8 billion by 2025 from 2.6 billion seen previously, as a consequence of...
Toshiba sees FY2019 profit roughly in line with forecast, limited virus impact
Toshiba Corp said on Monday it expects operating profit for the year ended March to more than triple, as the Japanese industrial conglomerate sees a...
Washington in talks with chipmakers about building U.S. factories: WSJ
U.S. President Donald Trump’s administration is in talks with semiconductor companies about building chip factories in the United States, the Wall Street Journal reported on...
China’s Animal Crossing gamers use code words, middlemen to enter virtual world
Chinese fans of Nintendo’s Animal Crossing: New Horizons are paying a premium on foreign consoles and finding ways to skirt limits imposed by local regulators...
Tesla sues California county in virus factory closure fight, threatens to leave
Tesla Inc sued local authorities in California on Saturday as the electric carmaker pushed to re-open its factory there and Chief Executive Elon Musk threatened...
Amid lockdown dispute, Musk says he will move Tesla out of California
Tesla Inc’s chief executive Elon Musk tweeted on Saturday that Tesla will move its headquarters and future programs to Texas or Nevada from California immediately....
