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Business News

282 news articles in this category

News List

Market & Business

Cisco cuts about 4,000 jobs after reporting record Q3 revenue

Cisco said in August 2024 that it would cut about 4,000 jobs, or roughly 5% of its workforce, after reporting record quarterly revenue and double-digi...

telecoms.com·May 14, 2026
Read more about Cisco cuts about 4,000 jobs after reporting record Q3 revenue →
Market & Business

RTL Group reports first streaming profit in Q1 2025

RTL Group said its streaming business recorded its first profit in the first quarter of 2025. TL;DR RTL Group reported its first quarterly profit from...

telecompaper.com·May 14, 2026
Read more about RTL Group reports first streaming profit in Q1 2025 →
Market & Business

Tele2 says CEO Jean Marc Harion will leave on 30 June

TL;DR: Tele2 said CEO Jean Marc Harion will leave the company on 30 June for personal reasons. Tele2 said Harion will remain as an advisor until the e...

telecompaper.com·May 14, 2026
Read more about Tele2 says CEO Jean Marc Harion will leave on 30 June →
Market & Business

Bharti Airtel reappoints Sunil Mittal as chairman until 2031

Bharti Airtel reappointed Sunil Bharti Mittal as chairman for five years, extending his term until September 30, 2031. TL;DR Bharti Airtel extended Su...

telecom.economictimes.indiatimes.com·May 14, 2026
Read more about Bharti Airtel reappoints Sunil Mittal as chairman until 2031 →
Market & Business

Telefonica reports small Q1 rise and says FY targets remain on track

TL;DR Telefonica said in its first-quarter results that it recorded a small rise and remains on track to meet its full-year growth targets. The update...

telecompaper.com·May 14, 2026
Read more about Telefonica reports small Q1 rise and says FY targets remain on track →
Market & Business

Telefonica reports Q1 2026 net loss tied to LatAm exits

TL;DR: Telefonica reported its first-quarter 2026 results, with net losses linked to its Latin America exit process and continued operational pressure...

telecoms.com·May 14, 2026
Read more about Telefonica reports Q1 2026 net loss tied to LatAm exits →
Market & Business

Foxconn confirms cyberattack hit North American factories

Foxconn confirmed on May 12, 2026, that some of its North American factories suffered a cyberattack, according to WIRED as cited by 9to5Mac. TL;DR Fox...

9to5mac.com·May 13, 2026
Read more about Foxconn confirms cyberattack hit North American factories →
Market & Business

Nokia names Emma Falck president of Mobile Infrastructure

Nokia appointed Emma Falck as president of its Mobile Infrastructure business, according to a report published on May 15, 2025. TL;DR Nokia named Emma...

telecom.economictimes.indiatimes.com·May 13, 2026
Read more about Nokia names Emma Falck president of Mobile Infrastructure →
Market & Business

Verizon plans job cuts affecting about 1% of headcount

TL;DR: Verizon is planning another round of job cuts that reports estimate will affect about 1% of its workforce, or hundreds of employees. The report...

telecom.economictimes.indiatimes.com·May 12, 2026
Read more about Verizon plans job cuts affecting about 1% of headcount →
Market & Business

Apple TV+ Severance season 3 said to arrive sooner than season 2

TL;DR: Adam Scott said on May 12, 2026 that Severance season 3 should arrive “much sooner” than season 2 did after the three-year gap between the firs...

9to5mac.com·May 12, 2026
Read more about Apple TV+ Severance season 3 said to arrive sooner than season 2 →
Market & Business

Vodafone Idea denies report on Vodafone Group proposal

TL;DR: Vodafone Idea said on Monday that a media report about a proposal from Vodafone Group was speculative and denied that it had received any such...

telecom.economictimes.indiatimes.com·May 12, 2026
Read more about Vodafone Idea denies report on Vodafone Group proposal →
Market & Business

Ashwini Vaishnaw says AI jobs in India are growing 15-20%

Ashwini Vaishnaw said at the CII Annual Business Summit that artificial intelligence jobs in India are growing by about 15-20%. TL;DR Union minister A...

telecom.economictimes.indiatimes.com·May 12, 2026
Read more about Ashwini Vaishnaw says AI jobs in India are growing 15-20% →
Market & Business

GSMA report says Europe faces €200B 5G funding gap

GSMA said in a new report that Europe faces a €200 billion funding gap for 5G, according to Light Reading's May 2025 coverage. TL;DR GSMA said Europe...

lightreading.com·May 12, 2026
Read more about GSMA report says Europe faces €200B 5G funding gap →
Market & Business

Ericsson joins Nordic alliance to boost regional competitiveness

Ericsson joined a Nordic alliance focused on improving the region’s global competitiveness, according to a telecoms.com report. TL;DR Ericsson joined...

telecoms.com·May 12, 2026
Read more about Ericsson joins Nordic alliance to boost regional competitiveness →
Market & Business

Android Authority poll finds 78.7% do not pay for AI subscriptions

Android Authority published poll results showing that 78.7% of respondents do not pay for any AI subscriptions. TL;DR Android Authority shared results...

androidauthority.com·May 11, 2026
Read more about Android Authority poll finds 78.7% do not pay for AI subscriptions →
Market & Business

Samsung sued by Dua Lipa in $15 million TV box lawsuit

TL;DR Dua Lipa sued Samsung in a lawsuit that seeks $15 million in damages. The complaint alleges Samsung used photos of Dua Lipa on TV boxes without...

androidauthority.com·May 11, 2026
Read more about Samsung sued by Dua Lipa in $15 million TV box lawsuit →
Market & Business

Jio IPO planned as fully fresh issue with no OFS

Reliance Jio is preparing an initial public offering in India that is structured as a fully fresh issue with no offer for sale, according to an Econom...

telecom.economictimes.indiatimes.com·May 11, 2026
Read more about Jio IPO planned as fully fresh issue with no OFS →
Market & Business

U.S. Mint starts Steve Jobs $1 coin sales on May 12

TL;DR: The U.S. Mint begins public sales of its American Innovation $1 coin honoring Steve Jobs on May 12, 2026. The coin represents California in the...

9to5mac.com·May 11, 2026
Read more about U.S. Mint starts Steve Jobs $1 coin sales on May 12 →
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