(Reuters) - Mobile telecoms equipment maker Ericsson said on Wednesday it will record a noncash impairment charge of 11.4 billion Swedish crowns ($1.09 billion) in the second quarter of 2024, related to its acquisition of Vonage. The impairment charge reflects lower anticipated market growth in some of Vonage's current portfolio, the company said in a statement. Given deterioration in the...

July 3 (Reuters) - Private equity firms KKR and Francisco Partners are competing to acquire Instructure ( INST ) , a U.S. education software provider with a market value of $3.4 billion, people familiar with the matter said on Wednesday. The two buyout firms are through to the final round of bidding for Instructure ( INST ) and are preparing...

Nintendo ADR‘s (OTC:NTDOY) legal offensive against alleged Nintendo Switch pirates continues, with the latest lawsuit targeting Modded Hardware, a modding company. The suit alleges Modded Hardware not only provides the necessary hardware and firmware for creating and playing pirated games but also distributes pirated copies of Nintendo ( NTDOF ) games. See Also: Garry’s Mod Under Fire: Nintendo Orders Massive...

Investors with a lot of money to spend have taken a bullish stance on Qualcomm ( QCOM ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big...