After struggling to keep sales up during the ramp up to 5G networks, Ericsson on Monday announced that CEO Hans Vestberg is stepping down.
Vestberg is immediately stepping down as president, CEO, and a member of the board of directors. CFO Jan Frykhammar will assume the CEO position while the company searches for an official replacement.
Last week, we (like many others) reported on the news that Turkey was blocking access to Wikileaks, after the site released approximately 300,000 emails, supposedly from the Turkish government. We've long been defenders of Wikileaks as a media organization, and its right to publish various leaks that it gets.
MasterCard has said “that will do nicely” to itself and is going to spend up to $1.14 billion on buying a majority stake of a crucial part of the UK’s payments infrastructure.
Up for grabs is VocaLink runs Link, the network that provides interoperability between British ATMs, as well as BACS, the clearing house for payments between bank accounts, and Faster Payments, the inter-bank transfer system for Internet and telephone-based payments.
Pokemon Go continues to polarise, but it's possibly hated nowhere more than the residential suburb of Rhodes in Sydney, Australia. Peg Paterson Park, a small park in the usually quiet neighbourhood, has become a hub for would-be Pokemon trainers, thanks to a configuration of three PokeStops, points of interest where players can get items and place lures to attract Pokemon.
It was a legal iTunes purchase that helped the feds nab Artem Vaulin, the alleged proprietor of KickassTorrents (KAT), the world’s biggest purveyor of illegal torrent files. The irony is almost too much to bear pointing out. But according to one lawyer familiar with the ins and outs of copyright infringement, the case could have sweeping repercussions on how torrents are regulated.