Ericsson to reshuffle operations, two executives to depart

Ericsson on Wednesday laid out plans to restructure its operations to focus on business customers and mobile infrastructure, announcing two senior executives will leave the company. https://ift.tt/Naq5LIf

Tencent misses estimates with ~$20.1B in Q1 revenue, up 0% YoY, as net income dropped 51% YoY to ~$3.5B; Tencent has lost ~$500B in value since its 2021 peak (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg:
Tencent misses estimates with ~$20.1B in Q1 revenue, up 0% YoY, as net income dropped 51% YoY to ~$3.5B; Tencent has lost ~$500B in value since its 2021 peak  —  Tencent Holdings Ltd. posted its slowest revenue gain on record, after a sweeping government crackdown and Chinese economic malaise …

Sennheiser launches Momentum True Wireless 3 in India: Price, features and more

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Here's how cryptocurrency price collapse offers hope for slowing climate change

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In a preliminary SEC proxy statement, Twitter says it is "committed to completing the transaction on the agreed price and terms as promptly as practicable" (PR Newswire)

PR Newswire:
In a preliminary SEC proxy statement, Twitter says it is “committed to completing the transaction on the agreed price and terms as promptly as practicable”  —  Twitter, Inc. (NYSE: TWTR) today announced that it has filed its preliminary proxy statement with the U.S. Securities …

Coinbase says it will "slow hiring and reassess our headcount needs" during the market downturn, after initially planning to triple its workforce in 2022 (Ryan Weeks/The Block)

Ryan Weeks / The Block:
Coinbase says it will “slow hiring and reassess our headcount needs” during the market downturn, after initially planning to triple its workforce in 2022  —  Cryptocurrency exchange Coinbase has reined in a plan to triple its headcount this year in response to turbulent market conditions.