Vodafone has announced the sale of its New Zealand arm and a cut to the dividend as the firm searches for spreadsheet breathing room amid the Liberty Global acquisition, annual loss and spectrum auctions.
Share price in Vodafone has taken a 4.5% hit during the opening hours of trading as rumours over a cut in dividend emerge.
Trade union Prospect has hit out at BT’s drawn out plans to cut 13,000 staff as part of a restructuring plans to cut £1.5 billion a year from the spreadsheets.
BT is considering further redundancies to increase profitability at the firm, with 25,000 jobs, a quarter of its employees, under threat.
Almost every politician around the world is currently using Silicon Valley as a metaphoric punching bag, but the European Commission will not be drawn into the monopolies debate.
The PR bout between Amazon CEO Jeff Bezos and Democratic Congresswomen Alexandria Ocasio-Cortez has been settled, with the internet giant cancelling plans to open a New York office.
The French government has bagged a win in its quest to hold Silicon Valley accountable to fair and reasonable taxation rules with €500 million secured from Apple.
Huawei Founder Ren Zhengfei has prepped his employees with a warning of ‘hardship’ and job cuts in the future.
The US Department of State has renewed its warning over citizens travelling to China over fears of retaliation following the arrest of Huawei’s CFO in Canada.
It seems the anti-China sentiment is pretty infectious as Apple pins the blame for the company’s shrinking bank account on the miserly consumers hiding behind the Great Wall.
With President Donald Trump and House Democratic Leader Nancy Pelosi going toe-to-toe over funding for a controversial wall, the FCC has warned it will run out of money on Thursday afternoon.
2018 has been an incredibly business year for all of us, and it might be easy to forget a couple of the shifts, curves, U-turns and dead-ends.
The Italian watchdog is the latest to slap a fine on Facebook for misleading and abusing consumer confidence.
Five Facebook shareholders are fighting back against Mark Zuckerberg’s control of the company he founded after several scandals have plummeted share price.
Q2 wasn’t exactly a party for Samsung, though it seems ready to correct the dip at the first possible opportunity.
After the Irish government announced it has recovered Apple’s €13 billion tax debt, the European Commission has confirmed it will also drop its lawsuit against the country.
It might be nothing, but it is always intriguing when major amounts of stock in public companies start shifting around, especially when it’s owned by senior executives of that same company.
Deutsche Telekom is the next telco to axe employees, with its T-Systems division set to reduce its headcount by as much as 10,000, almost a quarter of employees.
After Brian Krzanich handed in his notice of resignation, Intel has announced Bob Swan will step out of the accountants office and will lead the company as Interim CEO.
Australian telco Telstra has announced it will be cutting 8,000 employees and contractors, as well as a reduction in 2-4 layers of management, in an effort to simply the structure of the business and improve profitability.
RT @Light_Reading: Longer version here: https://t.co/T8CXZW1uOE? https://t.co/Ro1FgNB3FG
12 December 2019 @ 16:15:16 UTC
Nokia gets German train automation gig https://t.co/kiwldXuam4 #5G #Automation
12 December 2019 @ 13:14:33 UTC
Cisco revamps networking platform with new silicon and software https://t.co/t36hId1sl9 #5G #Fibre
12 December 2019 @ 12:23:32 UTC
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