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Nokia 4Q profit beats expectations on back of robust demandWireless and fixed-network equipment maker Nokia on Thursday reported strong fourth-quarter results on the back of robust demand for 5G technology and an improved product portfolio.... Read more -
Tesla will invest $3.6B in Nevada truck factory expansionTesla said it intends to invest $3.6 billion to expand manufacturing capabilities in Nevada and is confident growing software-related profits, reflected in record net income reported Wednesday for the fourth quarter of last year, will keep margins higher than any other automaker.... Read more -
Families of Boeing MAX crash victims set to face company in US courtRelatives of passengers who died in the twin Boeing 737 MAX crashes are scheduled to confront the airplane maker Thursday in a US court, some four years after the tragedies in Ethiopia and Indonesia.... Read more -
IBM to cut 3,900 jobs as it reorganizes businessIBM will slash some 3,900 jobs, slightly more than one percent of its workforce, related to businesses it has divested, a source close to the matter told AFP on Wednesday.... Read more -
German software giant SAP to cut 3,000 jobsGerman software giant SAP on Thursday said it planned to cut some 3,000 jobs this year, joining a wave of layoffs in the global tech sector.... Read more
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