Shares of Swedish telecom firm Ericsson jumped amid third-quarter core earnings that surpassed analyst expectations and growth in North American demand. The company’s stock was up 10% at 12:17 p.m. in London. Ericsson on Tuesday declared adjusted third-quarter earnings, excluding impairments, of 7.327 billion Swedish crowns ($0.7 billion), compared with 3.9 billion Swedish crowns in … Read more
Apple’s iPhones have been criticized for existing within a “walled garden” and commanding a high price in exchange for entry. And while the big tech companies are competing with the latest smartphones from the likes of Google, Apple, and Samsung, there might be competition from an unexpected place: the “dumbphone.” These phones, which usually go … Read more
Britain’s competition watchdog on Friday said it found competition concerns with the proposed merger between Vodafone and the Three UK mobile network owned by CK Hutchison. The U.K. Competition and Markets Authority (CMA) said the deal would lead to price increases for tens of millions of customers or see some users get reduced services. The regulator … Read more
Canada’s telecommunications regulator is expanding a decision that allows smaller internet providers to use rivals’ fibre networks to offer their services to customers, but it’s too soon to say whether the move will lead to lower prices for Canadians. Starting in February, large telephone companies that own fibre internet networks — like Bell Canada and Telus … Read more
SNCF employees repair the scene of a suspected attack on the Eastern high speed railway network in Vandieres, north eastern France on July 26, 2024, as France’s high-speed rail network was hit by an attack disrupting the transport system, hours before the opening ceremony of the Paris 2024 Olympic Games. Jean-christophe Verhaegen | Afp | … Read more
Canadians weren’t spared the headaches of cancelled flights, delayed medical appointments and other problems caused by a failed cybersecurity software upgrade that caused a host of cascading issues around the globe on Friday. According to an alert sent by the global cybersecurity firm CrowdStrike to its clients and reviewed by Reuters, the company’s Falcon Sensor software … Read more
A global tech outage was disrupting operations in multiple industries on Friday, with airlines halting flights, some broadcasters off-air and everything from banking to health care hit by system problems. According to an alert sent by global cybersecurity firm Crowdstrike to its clients and reviewed by Reuters, the company’s Falcon Sensor software is causing Microsoft … Read more
BARCELONA, SPAIN – FEBRUARY 26: A logo sits illuminated at the Nokia booth in the Mobile World Congress 2024 on February 26, 2024 in Barcelona, Spain. (Photo by Xavi Torrent/Getty Images) Xavi Torrent | Getty Images News | Getty Images Shares of Finnish telecom firm Nokia tumbled on Thursday after the company reported a 32% … Read more
The data of nearly all customers of the U.S. telecommunications giant AT&T was downloaded to a third-party platform in a security breach, the company said Friday, as cyberattacks against businesses, schools and health systems continue to spread globally. The breach, most of which took place over five months in 2022, hit customers of AT&T’s cellular … Read more
Mdundo has identified Nigerian music sensations Kizz Daniel and Mercy Chinwo as the artistes with the most downloads on its platform. Kizz Daniel was named the highest-downloaded male artiste, while Mercy Chinwo received the award for the highest-downloaded female artiste. The platform revealed this at an exclusive event at The House, Lagos, titled “Commercialisation of … Read more
