Business

Nokia profit substantially up on new operating model, 5G

Wireless network maker and 5G technology provider Nokia reported substantially improved second-quarter profit Thursday, citing the help of its new operating model and booming sales of 5G equipment.

Energy & Green Tech

Sales of electric cars charge ahead in Europe

Electric cars—key to reducing emissions and meeting climate change goals—have boosted their market share in Europe, data showed Friday, as the region prepares to abandon petrol and diesel.

Business

Zoom buying Five9 in $14.7B all-stock transaction

Zoom, the videoconferencing company whose growth was supercharged by the pandemic over the past year, will buy the cloud call center company Five9 in an all-stock deal valued at about $14.7 billion.

Energy & Green Tech

Transport in 2050: Safer, cleaner and cost efficient?

A Cornell University-led team has calculated that by the year 2050, vehicle electrification, driverless cars and ride sharing could slash U.S. petroleum consumption by 50% and carbon dioxide emissions by 75% while simultaneously ...

Business

Didi shares plunge in wake of Beijing crackdown

Shares of Didi Chuxing plunged in pre-market trading Tuesday after Beijing required app stores to pull the Chinese ride-hailing program as part of a widening crackdown on technology companies.

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