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Ericsson earnings beat forecasts as component costs threaten margins

Ericsson's third-quarter earnings exceeded analysts' expectations, supported by solid demand for mobile network equipment in its core markets, Bloomberg reported. The company also warned that component costs would pressure margins next year, tempering the stronger earnings performance.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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Robotics Capital
Robotics Capital

120ft raises €576,000 for proposed robot-operated microfactories

Stockholm startup 120ft has raised €576,000 from 22 angel investors to develop autonomous microfactories staffed by humanoid robots, Unite.AI reported. The funding supports software and factory infrastructure development as the co...

Products AI
Products AI

Figma opens code layers beta and begins Specs and Payload rollouts

Figma said it is rolling out code layers in open beta on all plans, letting teams bring working code onto its design canvas. Specs, a Markdown editor that links shared decisions to designs, diagrams and code layers, is also beginn...

AI Products
AI Products

Tottenham deploys multilingual Ask Spurs support agent

Tottenham Hotspur has deployed Ask Spurs, an AI support agent on its website and club app, Salesforce announced. Built on Agentforce, it answers questions about tickets, memberships, retail and stadium events in eleven languages f...

AI Products
AI Products

Bloomberg expands ASKB AI interface to all Terminal users

Bloomberg is making its conversational AI interface, ASKB, available to all Terminal users, The Wall Street Journal reports. Users can combine their own content with Bloomberg's existing financial data, giving the generative AI sy...