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Ericsson’s adjusted earnings before interest, taxes and amortisation (EBITA) came in at SEK 10.1bn ($1bn) in the third quarter. Analysts had expected SEK 7.93bn on average, according to data compiled by Bloomberg. The shares rose as much as 11% in Stoc…
Apple and Meta worked together so that Meta’s new open-weight model, Muse Spark Open, runs on Apple’s Mac Studio desktops. The companies revealed the work on Thursday. The two rivals had not struck a public partnership since 2017, CNBC reported. Meta c…
TSMC made a record net profit of NT$763.1bn ($23.59bn) in the third quarter, up 69% on a year earlier. That beat the NT$746.3bn LSEG SmartEstimate, Reuters reported. Revenue rose 51% to NT$1.49tn, or 41.2% to $46.72bn in US dollar terms, according to T…
Netflix has named Peter Rice, the former chairman of Walt Disney Television, as its chief content officer. The company announced the move on Thursday. Rice will run its global content organisation, from scripted and unscripted series to film and live e…
The EU’s proposed cloud sovereignty law, the Cloud and AI Development Act (CADA), could cost Europe €115bn over ten years. That is the central estimate in a study by the Brussels think tank ECIPE. CCIA Europe, a lobby group whose members include Amazon…
Live results for Daniel Dubois vs. Fabio Wardley II at the O2, with the full DAZN main card, start times, ring walk estimate and scorecards updated through the night.
OpenAI’s 110 staff in London received an average of about £2.3m each in 2025, counting salaries and shares. The figures come from the accounts of OpenAI UK Ltd, as Robert Booth reported for The Guardian. The staff shared £87m in salaries and £168m in s…
Berkshire Hathaway is buying 10 million new Bending Spoons shares at $33 each. The Milan-based company announced the deal on 14 October. The $330m private placement adds to the $600m Berkshire invested at Bending Spoons’ Nasdaq listing in July. The two…
Anduril is letting current and former employees sell shares in a tender offer that values the defence tech company at about $90bn. The shares are priced at $94.80 each, and the offer is capped at about $1.3bn, according to Bloomberg’s sources. Rebecca …