Ericsson to cut 8,500 jobs worldwide
Telecom equipment maker Ericsson said Friday it would slash 8,500 jobs worldwide, part of a cost-cutting program as financial headwinds push operators to rein in spending.
Feb 24, 2023
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Business
Telecom equipment maker Ericsson said Friday it would slash 8,500 jobs worldwide, part of a cost-cutting program as financial headwinds push operators to rein in spending.
Feb 24, 2023
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Business
Shares of Tesla tumbled more than 12% Tuesday on the first full day of trading since the company announced 2022 delivery numbers that fell short of targets.
Jan 3, 2023
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Business
In a bid to arrest escalating power prices, Australia's federal, state and territory governments have agreed to impose caps on the wholesale price of coal and gas.
Dec 9, 2022
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Internet
A Twitter imposter cost a US pharmaceutical giant billions of dollars, but the viral prank triggered another unexpected crisis—a new wave of scrutiny of the high cost of its insulin.
Nov 15, 2022
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Security
Hackers have followed through on a threat to leak sensitive medical records stolen from a major Australian health company that counts the country's prime minister among nearly 10 million customers.
Nov 9, 2022
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Business
California filed a lawsuit Wednesday accusing Amazon of using its market influence to prevent merchants from offering buyers better deals elsewhere online, in violation of state antitrust law.
Sep 15, 2022
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Consumer & Gadgets
Inflation in the U.S. is surging to near a 40-year high, with prices on food, fuel and pretty much everything seeming to rise more every month.
Sep 14, 2022
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Business
Elon Musk has served former Twitter boss Jack Dorsey with a subpoena in a hunt for material to help him get out of buying the giant social media platform for $44 billion as agreed.
Aug 22, 2022
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Business
Even in an industry famous for its rollercoaster cycles, chipmakers are bracing for a particularly severe shift in coming months, when a record-setting sales surge is threatening to give way to the worst decline in a decade ...
Aug 16, 2022
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Energy & Green Tech
British households are bracing for a winter of massive energy price increases. The average annual bill is forecast to rise above £4,000, which is more than three times what Britons were paying just 12 months ago.
Aug 12, 2022
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