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Nokia has been selected by BT, the UK’s biggest mobile operator, as a supplier for 5G radio access network (RAN) equipment.As a result of the deal, Nokia (NOK) will become BT’s largest infrastructure partner and supply equipment and services at BT radio sites across the UK. Currently BT powers Nokia network in Greater London, the Midlands and rural locations. With this deal, the reach will be extended to also cover multiple other towns and cities across the UK. Financial terms of the deal weren’t disclosed.“I am delighted that BT has extended its partnership with Nokia on 5G RAN, making Nokia BT’s largest infrastructure partner,” said Nokia CEO Pekka Lundmark. “Our two companies have collaborated for over a quarter of a century in order to deliver best-in-class connectivity to people across the United Kingdom. We are proud to support BT’s 5G network evolution.”Nokia will supply its AirScale Single RAN (S-RAN) portfolio for...
Here's a roundup of top developments in the biotech space over the last 24 hours:Scaling The Peaks (Biotech Stocks Hitting 52-week Highs Sept. 28) * 10X Genomics Inc (NASDAQ: TXG) * Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) * Beigene Ltd (NASDAQ: BGNE) * Cardiff Oncology Inc (NASDAQ: CRDF) * Celldex Therapeutics, Inc. (NASDAQ: CLDX) * Evogene Ltd (NASDAQ: EVGN) * Fate Therapeutics Inc (NASDAQ: FATE) * Guardant Health Inc (NASDAQ: GH) * InVitae Corp (NYSE: NVTA) * Kaleido Biosciences Inc (NASDAQ: KLDO) * Kura Oncology Inc (NASDAQ: KURA) * Lantern Pharma Inc. (NASDAQ: LTRN) * Momenta Pharmaceuticals, Inc. (NASDAQ: MNTA) * Pacific Biosciences of California Inc (NASDAQ: PACB) * Prelude Therapeutics Incorporated (NASDAQ: PRLD) (listed Thursday) * Seattle Genetics, Inc. (NASDAQ: SGEN) * Shockwave Medical Inc (NASDAQ: SWAV * Turning Point Therapeutics Inc (NASDAQ: T)PTX) * Twist Bioscience Corp (NASDAQ: TWST)Down In The Dumps (Biotech Stocks Hitting 52-week Lows Sept. 28) *...
Stock futures hugged the flat line Tuesday morning as market participants considered a pared-down stimulus proposal from congressional lawmakers, and awaited the outcome of the first presidential debate later this evening. A host of economic data reports later Tuesday and this week also loomed....
While Dillard's, Inc. (NYSE:DDS) might not be the most widely known stock at the moment, it received a lot of......
Qudian Inc. (NYSE:QD) shareholders that were waiting for something to happen have been dealt a blow with a 26% share......
(Bloomberg) -- Billionaire Peter Thiel was a no-show at the investor day leading up to the direct listing for Palantir Technologies Inc., the data-mining company he founded 17 years ago. And no one from the company will ring the bell at Palantir's market debut.Thiel's absence from the Wall Street pomp belies the outsize influence he'll continue to wield long after the company goes public. Thiel will have more control over the company than any other individual or investor group, and an unconventional voting structure will award additional power to Thiel and two other co-founders in perpetuity.Palantir isn’t the first company in Silicon Valley to use super-voting shares to cement control for its founders. Other tech leaders including Mark Zuckerberg, Snap Inc. Chief Executive Officer Evan Spiegel and WeWork CEO Adam Neumann were all given disproportionate control over their companies as they headed to the public markets. But good-governance advocates say that handing so much power to a limited group of people...
Top news and what to watch in the markets on Tuesday, September 29, 2020....