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8:53am, 8th June, 2020

Finnish telecom operators share new 5G spectrum

Finnish telecom operators Telia, Elisa and Telenor-owned DNA all won frequencies at the country's auction of new high-speed 5G mobile networks on Monday, the Ministry of Transport and Communications said.

Bang & Olufsen plans share issue to cope with coronavirus crisis

4:27am, 12th May, 2020

News

Bang & Olufsen plans share issue to cope with coronavirus crisis

TV and stereo maker Bang & Olufsen (B&O) said on Tuesday it planned to raise 400 million crowns ($58 million) via a rights issue, equivalent to half its market value, to survive the coronavirus crisis that has knocked its already weak shares.

Nokia says won share of China Unicom 5G core network order

5:06am, 30th April, 2020

News

Nokia says won share of China Unicom 5G core network order

Nokia has won a share of China Unicom's 5G core network order alongside Huawei and ZTE, Nokia's Chief Executive Rajeev Suri told Reuters in an interview, citing information published by the telecom operator.

SoftBank to raise $41 billion to expand share buyback, cut debt

2:21am, 23rd March, 2020

News

SoftBank to raise $41 billion to expand share buyback, cut debt

SoftBank Group Corp said on Monday it is selling or monetizing up to 4.5 trillion yen ($41 billion) in assets to buy back 2 trillion yen of its shares and reduce debt, sending its stock soaring to its biggest daily gain in nearly 12 years.

European mobile operators share data for coronavirus fight

11:02am, 18th March, 2020

News

European mobile operators share data for coronavirus fight

Mobile carriers are sharing data with the health authorities in Italy, Germany and Austria, helping to fight coronavirus by monitoring whether people are complying with curbs on movement while at the same time respecting Europe's privacy laws.

1:13pm, 13th May, 2019

Space

Amid the talk about moon missions, Mars fans push for a share of the space spotlight

An artist’s conception depicts a crewed mission to Mars. (NASA / JPL-Caltech Illustration / 2004) As NASA shifts the focus of its space exploration effort to the moon, the advocates of Mars exploration and settlement have a message for future lunar e...

12:22pm, 9th May, 2019

Space

Jeff Bezos gets set to share updated vision for Blue Origin in space — and on the moon

Amazon billionaire Jeff Bezos and one of his Blue Origin rockets. (Blue Origin Photo) WASHINGTON, D.C. — Amazon billionaire Jeff Bezos is about to lay out an updated vision for his “other” multibillion-dollar venture, the Blue Origin rocket company,...

Tesla ends 'Spartan diet,' seeks up to $2.3 billion from share, debt issues

12:56pm, 2nd May, 2019

News

Tesla ends 'Spartan diet,' seeks up to $2.3 billion from share, debt issues

Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a "Spartan diet" and easing Wall Street concerns about the money-losing company's ability to overcome a drop in sales and build new product lines.

Tesla seeks up to $2.3 billion from share, debt issues

8:44am, 2nd May, 2019

News

Tesla seeks up to $2.3 billion from share, debt issues

Tesla Inc launched issues of new shares and debt worth more than $2 billion on Thursday, with Chief Executive Officer Elon Musk pitching in $10 million as the electric carmaker gave in to Wall Street pressure to bolster its cash reserves.

Tesla boom lifts Norway's electric car sales to 58 percent market share

8:07am, 1st April, 2019

News

Tesla boom lifts Norway's electric car sales to 58 percent market share

Almost 60 percent of all new cars sold in Norway in March were fully electric, the Norwegian Road Federation (NRF) said on Monday, a global record set by a country seeking to end fossil-fueled vehicles sales by 2025.