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Musk's X 'deceives' users with blue checks, EU charges
Musk's X 'deceives' users with blue checks, EU charges
by  AFP

Tech billionaire Elon Musk's X platform is misleading users with its blue checkmarks for certified accounts, and is also violating EU content rules, Brussels said Friday, in a finding that could lead to hefty fines.

Ericsson posts $1bn quarterly loss on Vonage write down
Ericsson posts $1bn quarterly loss on Vonage write down
by  AFP

Swedish telecommunications equipment manufacturer Ericsson said Friday it had suffered a $1.0 billion quarterly loss after writing down the value of its purchase of US cloud-based communications operator Vonage. Another write down of 11.4 billion Swedish kronor ($1.1 billion), mostly attributable to Vonage, was behind the 1.0 billion kronor loss in the second quarter.

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