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Airbus ends talks with Atos on a deal worth ~€1.8B for its big data and security unit, imperiling efforts by Atos to avoid going into debt restructuring (Financial Times)

    Financial Times: Airbus ends talks with Atos on a deal worth ~€1.8B for its big data and security unit, imperiling efforts by Atos to avoid going into debt restructuring  —  Decision adds pressure on indebted French IT services company  — … Read More »Airbus ends talks with Atos on a deal worth ~€1.8B for its big data and security unit, imperiling efforts by Atos to avoid going into debt restructuring (Financial Times)

    Ethiopia’s central bank says “a glitch” let Commercial Bank customers withdraw more cash than was in the account for hours; local media says $40M+ was withdrawn (Kalkidan Yibeltal/BBC)

      Kalkidan Yibeltal / BBC: Ethiopia’s central bank says “a glitch” let Commercial Bank customers withdraw more cash than was in the account for hours; local media says $40M+ was withdrawn  —  Ethiopia’s biggest commercial bank is scrambling to recoup large… Read More »Ethiopia’s central bank says “a glitch” let Commercial Bank customers withdraw more cash than was in the account for hours; local media says $40M+ was withdrawn (Kalkidan Yibeltal/BBC)

      Filing: Reddit says Nokia accused the company of infringing some of its patents, and is evaluating Nokia’s claims, ahead of its planned IPO this week (Lynn Doan/Bloomberg)

        Lynn Doan / Bloomberg: Filing: Reddit says Nokia accused the company of infringing some of its patents, and is evaluating Nokia’s claims, ahead of its planned IPO this week  —  Nokia Technologies, the company’s licensing business, sent Reddit a letter… Read More »Filing: Reddit says Nokia accused the company of infringing some of its patents, and is evaluating Nokia’s claims, ahead of its planned IPO this week (Lynn Doan/Bloomberg)

        Singapore-based online shopping rewards app ShopBack cuts 195 jobs, or 24% of its staff, to become self-sustainable; ShopBack raised a $200M Series E in 2022 (Olivia Poh/Bloomberg)

          Olivia Poh / Bloomberg: Singapore-based online shopping rewards app ShopBack cuts 195 jobs, or 24% of its staff, to become self-sustainable; ShopBack raised a $200M Series E in 2022  —  ShopBack, an online shopping rewards app backed by Temasek Holdings… Read More »Singapore-based online shopping rewards app ShopBack cuts 195 jobs, or 24% of its staff, to become self-sustainable; ShopBack raised a $200M Series E in 2022 (Olivia Poh/Bloomberg)

          Xiaomi reports Q4 revenue up 11% YoY to ~$10.2B, above ~$10.1B est., net income up 50% YoY to ~$653M, and plans to diversify its business by launching EVs (Bloomberg)

            Bloomberg: Xiaomi reports Q4 revenue up 11% YoY to ~$10.2B, above ~$10.1B est., net income up 50% YoY to ~$653M, and plans to diversify its business by launching EVs  —  – Revenue and profit beat estimates in sign of market… Read More »Xiaomi reports Q4 revenue up 11% YoY to ~$10.2B, above ~$10.1B est., net income up 50% YoY to ~$653M, and plans to diversify its business by launching EVs (Bloomberg)

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