Business

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.

Business

Is AI a job killer? In California it's complicated

For the thousands of tech workers recently laid off in California and across the country, the future may not be as bleak as it looks right now: Many are likely to retrain fairly quickly for new jobs in the burgeoning field ...

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