Alibaba to Buy Back Up to $25 Billion of Stock
Alibaba Group Holding Ltd.
BABA 11.00%
boosted its share buyback program to $25 billion from $15 billion, in a bid…
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Chinese Tech Firms Weigh Opportunities in Russia After Western Pullout
HONG KONG—As Western tech companies halt sales to Russia following its invasion of Ukraine, their Chinese rivals have an opportunity to capitalize on their departure. Doing so won’t be easy…
Apple, Ford Retreat From Russia; Volkswagen Warns of Disruption
The moves were wide ranging and reflected several dynamics that have played out since Russian President
Vladimir Putin
invaded Ukraine last week. Some…
Ericsson Accused of Breaching Bribery Settlement With Justice Department
U.S. prosecutors have determined that
Ericsson
AB has violated the terms of a $1.06 billion settlement agreement reached in 2019 over…
Huawei, Ericsson or Nokia? Apple or Samsung? U.S. or China? Who’s Winning the 5G…
Once a glimmer in the eyes of executives from Shenzhen to Silicon Valley, 5G now dominates a broad swath of the global supply chain—and the competition to control different parts of it is…
Ericsson Warns China Backlash Threatens Its Market Share
Ericsson
ERIC -10.79%
AB said revenue in China dropped sharply in the most recent quarter and warned it would likely lose market share…