Ericsson is leaving Kista for central Stockholm, in the largest office lease in Swedish history
The 71,000-square-metre Hagastaden campus, signed with Atrium Ljungberg and Castellum, ends more than two decades in the suburb once branded Sweden’s Silicon Valley. Ericsson is moving its global headquarters out of Kista. The Swedish telecoms-equipment maker said on Monday that, starting in 2028, it will gradually relocate its Stockholm operations, including the HQ, R&D functions, […]<br /> This story continues at The Next Web [...]
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Ericsson narrowly misses Q1 profit forecasts as North America unwind
The Swedish telecoms equipment maker narrowly missed profit forecasts, with adjusted EBITA falling 20% year-on-year to SEK 5.6 billion. North America, which drove a 20%+ surge in Q1 2025, declined sha [...]
Ericsson revenue falls 6% as component costs bite and licensing income dries up
Ericsson booked SEK 52.7bn of revenue in the second quarter, down 6% from SEK 56.1bn a year earlier, as weaker patent licensing income and currency movements outweighed growth in a handful of region [...]
Star Wars Outlaws developer Massive Entertainment and Ubisoft Stockholm face layoffs
We aren't even two weeks into the new year and Ubisoft is already looking to carry out its second round of layoffs in 2026. The company has informed workers at Massive Entertainment and Ubisoft S [...]
Mistral AI launches Forge to help companies build proprietary AI models, challenging cloud giants
Mistral AI on Monday launched Forge, an enterprise model training platform that allows organizations to build, customize, and continuously improve AI models using their own proprietary data — a move [...]
Swedish court orders Google to pay Klarna nearly $2 billion in antitrust damages
A Swedish court has ordered Google to pay more than 14 billion kronor to Klarna’s PriceRunner subsidiary for illegally favouring its own comparison shopping service in search results. The ruling, ha [...]
The Control Gap: Enterprise AI organizations have an ownership problem, not a technology problem — and most are governing it by hand
AI portfolios are expanding far faster than the ability to govern them across enterprises. Most organizations run a contested field of platforms, each claiming to be the “primary” AI layer; few co [...]
Musk walks back the Anthropic Colossus deal to a six-month lease
SpaceX did not commit to a multi-year lease of its Memphis Colossus 1 cluster to Anthropic, Elon Musk said on Wednesday, describing the agreement as 180 days with a 90-day mutual cancellation right. E [...]
