Barbie phone launch: price, specs, availability

Barbie phone launch: price, specs, availability

The HMD Barbie phone is a co-branded product with Mattel, the toymaking giant behind the franchise. HMD HMD, the company behind Nokia-branded phones, launched a Barbie-branded phone Wednesday that comes with calls, texts, and a classic “flip” design — but no internet or social media apps. The HMD Barbie Phone is a hot pink device … Read more

Nokia shares slide after posting weak quarterly net sales figure

Nokia shares slide after posting weak quarterly net sales figure

BARCELONA, SPAIN – FEBRUARY 26: A logo sits illuminated at the Nokia booth in the Mobile World Congress 2024 on February 26, 2024 in Barcelona, Spain. (Photo by Xavi Torrent/Getty Images) Xavi Torrent | Getty Images News | Getty Images Shares of Finnish telecom firm Nokia tumbled on Thursday after the company reported a 32% … Read more

Ericsson jumps 6% as sales fall less than expected

Ericsson jumps 6% as sales fall less than expected

Ericsson announced it is planning to cut jobs as part of its cost-cutting measures. Nurphoto | Nurphoto | Getty Images Ericsson shares leapt 8% to their highest level in nearly two years on Friday, after the Swedish telecom giant’s revenue declined less than expected in the second quarter. Net sales fell 7% year-on-year to 59.8 … Read more

Tech firms bet optical networks will boost AI, 6G transition

Tech firms bet optical networks will boost AI, 6G transition

Fast adoption of e-commerce, online streaming media, and workplace productivity tools — particularly during the Covid pandemic — has massive strain on current-day telecom networks. Nurphoto | Getty Images Some of the world’s largest tech firms are backing a new kind of telecoms network which they say will help reduce overall power consumption of data-hungry … Read more

HMD launches hot pink flip phone

HMD launches hot pink flip phone

HMD, or Human Mobile Devices for short, is launching a Barbie-branded flip phone in July. HMD BARCELONA — Not yet tired of the Barbie movie? Soon, you’ll be able to get a flip phone from the blockbuster toy franchise. The company behind Nokia-branded smartphones, HMD, short for Human Mobile Devices, says it is launching a … Read more

Company to start share buybacks

Company to start share buybacks

Nokia new logo displayed on mobile, with Nokia logo on screen. Nurphoto | Nurphoto | Getty Images Nokia on Thursday said that it will begin a two-year 600 million euro ($653 million) share buyback this quarter, after reporting that its profit plunged in 2023. One of the world’s largest mobile network equipment makers, Nokia posted … Read more