News

Vodafone Idea has partnered with Nokia to upgrade its IP backhaul network in India, aiming to improve network performance, scalability, and efficiency while supporting both 4G and 5G requirements. This collaboration will involve deploying Nokia's IP/MPLS solutions across multiple telecom regions in India, leading to enhanced network density, reduced costs, and improved scalability for future growth.

Semtech Corporation (SMTC) reported strong fourth-quarter earnings, exceeding analyst expectations with earnings per share of 40 cents and revenue of $251 million. The company's positive performance was driven by increased demand for its LoRaWAN® and other wireless and sensing products, and it expects continued growth in the first quarter of fiscal 2026.

Blink Charging Co. (BLNK) reported a narrower-than-expected loss in the fourth quarter of 2024, but revenue fell short of estimates. The company's shares rose in after-hours trading on Thursday, suggesting investors were encouraged by the narrower loss and the company's focus on profitability and global expansion.

CervoMed's neflamapimod, a potential treatment for dementia with Lewy bodies (DLB), has shown promising results in the first 16 weeks of a Phase 2b study extension. The new capsule formulation of the drug demonstrated positive benefits compared to both placebo and the old capsule formulation in terms of reducing dementia severity and improving patient condition.

The SEC's lawsuit against Ripple Labs over the alleged $1.3 billion unregistered XRP sale may be nearing its end, with the agency potentially classifying XRP as a commodity rather than a security. This shift in stance could have significant implications for the future of XRP and the broader cryptocurrency industry.