Security Technology

Proximus, the first mobile operator to launch a 5G network in Belgium, said on Thursday that market regulator BIPT has allotted temporary 5G licences to it and four other companies. from Reuters: Technology News https://ift.tt/3fasOBV

Telecoms operator Orange posted higher revenues for the first quarter on Thursday, as business in its French home market improved despite the onset of the coronavirus crisis that dented its equipment sales. from Reuters: Technology News https://ift.tt/2Sl5yY6

Nokia Oyj on Thursday reported a 2% fall in first-quarter revenue that missed analysts' estimates, as it took a hit of about 200 million euros to its topline largely because the COVID-19 pandemic disrupted supply in China. from Reuters: Technology News https://ift.tt/2zJfuUK

SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March on the portion of its WeWork investment held outside the Vision Fund, as the virus compounds woes at one of the firm's biggest bets. from Reuters: Technology News https://ift.tt/3f7sgMP

Japan's Nintendo Co Ltd is expected to extend its decade-high earnings streak when it reports fourth-quarter results next week, powered by the hit Switch console which is expanding its reach among locked-down consumers. from Reuters: Technology News https://ift.tt/35iRBiD

Silicon Valley billionaires Elon Musk and Mark Zuckerberg offered dueling views on lockdown measures designed to slow the spread of the coronavirus on Wednesday, with Facebook's Zuckerberg endorsing the measures while Tesla's Musk condemned them as anti-democratic. from Reuters: Technology News https://ift.tt/2SkO7qB

SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March on the portion of its WeWork investment held outside the Vision Fund, extending the group's expected net loss to 900 billion yen. from Reuters: Technology News https://ift.tt/3f6fr5k

Tesla Inc's outspoken CEO Elon Musk on Wednesday called sweeping U.S. stay-at-home restrictions to curtail the coronavirus outbreak "fascist" as the electric carmaker posted its third quarterly profit in a row. from Reuters: Technology News https://ift.tt/2xoEQXc

Tesla Inc's outspoken CEO Elon Musk on Wednesday called sweeping U.S. stay-at-home restrictions to curtail the coronavirus outbreak "fascist" as the electric carmaker posted its third quarterly profit in a row. from Reuters: Technology News https://ift.tt/2SjzO5y

Facebook Inc beat analysts' estimates for quarterly revenue on Wednesday and said it has seen "signs of stability" for sales in April after a plunge in March, in yet another signal that tech giants may weather the coronavirus-induced economic collapse better than other sectors. from Reuters: Technology News https://ift.tt/3f1HjYt

Spotify Technology SA's paid music subscribers surged to 130 million in the first quarter, driving shares in the Swedish music streaming firm higher as its business model proved more resilient than expected in the coronavirus lockdowns. from Reuters: Technology News https://ift.tt/3bPONf1

Arm Inc, the British firm whose chip technologies power most smart phones, said on Wednesday it was easing fees for startup companies and providing free offerings to an incubator for early-stage chip firms. from Reuters: Technology News https://ift.tt/2yPWFyG

When the coronavirus outbreak in China disrupted global smartphone production in February, Samsung looked set to weather the crisis better than most thanks to its limited exposure there and launches of pricey 5G phones. Its fortunes are reversing. from Reuters: Technology News https://ift.tt/2KLmZfW