Today is Tuesday. Welcome to Hillicon Valley, detailing all you need to know about tech and cyber news from Capitol Hill to Silicon Valley. Subscribe here: thehill.com/newsletter-signup.Follow The Hill’s tech team, Chris Mills Rodrigo (@millsrodrigo…

3 Tech Growth Stocks With More Potential Than Any Cryptocurrency

11:03am, Tuesday, 01'st Mar 2022 The Motley Fool
These fast-growing companies will provide longer-term value to investors than digital currencies.

Volvo, Scania and Ericsson suspending business in Russia

12:28am, Tuesday, 01'st Mar 2022 Trend News Agency (English)
Volvo Cars decided to halt sales of new cars in Russia. "Considering the potential risk related to trading in materials with Russia and sanctions introduced by the US and the EU, Volvo Cars will not supply automobiles to the Russian market until further notice," company’s spokesperson Ben Foulds said, cited by TT. According to Volvo Cars, Russia accounted for 1.3% of global sales.
The company is urgently analyzing introduced sanctions
Today is Monday. Welcome to Hillicon Valley, detailing all you need to know about tech and cyber news from Capitol Hill to Silicon Valley. Subscribe here: thehill.com/newsletter-signup. Follow The Hill’s tech team, Chris Mills Rodrigo (@…

Why Ericsson Shares Are Plunging Today

04:41pm, Monday, 28'th Feb 2022 Benzinga
Citi analyst Andrew Gardiner downgraded Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) to Neutral from Buy, calling the company "uninvestable." The re-rating followed the report of alleged "tens of mi

Why Ericsson Shares Are Plunging Today

04:41pm, Monday, 28'th Feb 2022 Benzinga
Citi analyst Andrew Gardiner downgraded Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC ) to Neutral from Buy , calling the company "uninvestable." The re-rating followed the report of alleged "tens of millions of dollars in suspicious payments" by the telecom company to ISIS over nearly a decade to keep its business in Iraq. Related Content: … Full story available on Benzinga.com

Read Why Citi Calls This Telecom Giant "Uninvestable"

04:41pm, Monday, 28'th Feb 2022 Benzinga
Citi analyst Andrew Gardiner downgraded Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC ) to Neutral from Buy , calling the company "uninvestable." The re-rating followed the report of alleged "tens of millions of dollars in suspicious payments" by the telecom company to ISIS over nearly a decade to keep its business in Iraq. Related Content: Full story available on Benzinga.com

Ericsson (ERIC) Achieves 5G Interactive Calling With Partners

03:08pm, Monday, 28'th Feb 2022 Zacks Investment Research
The proof-of-concept utilized Ericsson (ERIC) IMS system comprising both virtual and cloud-native network functions to deliver rich real-time communication services for both consumer and business user
Ericsson (ERIC) fell 8.8% in premarket trading after a new report over the weekend revealed more details about alleged payments the telecommunications company made to ISIS

Orange Selects Nokia, Ericsson To Roll Out Standalone 5G

12:42pm, Monday, 28'th Feb 2022 Benzinga
France''s leading telecoms operator Orange SA (NYSE: ORAN ), chose Nokia Oyj (NYSE: NOK ) to roll out the core network of the ''standalone'' next generation of mobile internet, or 5G, in its home country. Orange also chose Nokia parts for the … Full story available on Benzinga.com

Ericsson suspends deliveries to Russia – internal memo

12:09pm, Monday, 28'th Feb 2022 FX Empire
BARCELONA (Reuters) – Ericsson is suspending its deliveries to Russia as the Swedish telecom operator assesses the potential impact of sanctions on its business there following President Vladimir Putin’s invasion of Ukraine, according to an internal memo from CEO Borje Ekholm reviewed by Reuters.
Telecoms firm Ericsson put contractors'' lives at risk, according to a leaked company report seen by the BBC.
The report also alleges that the company and its contractors engaged in bribery, fraud and other corrupt practices in Iraq during an eight-year period.
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