Honor Device Co., a notable Chinese smartphone manufacturer, plans to invest $10 billion over the next five years to bolster its position in the rapidly evolving artificial intelligence (AI) sector. This announcement was made during the Mobile World Congress, where the company unveiled its new corporate strategy.
Founded as a subsidiary of Huawei Technologies, Honor has established itself as a significant player in the smartphone market. Amidst growing competition and swift technological advancements, the company sees opportunities to strengthen its market position through the development and implementation of AI-driven solutions.
Biotechnology company Recursion Pharmaceuticals Inc. $RXRX, based in Salt Lake City, is venturing into a groundbreaking initiative that could reshape the pharmaceutical landscape. Leveraging artificial intelligence in drug development, Recursion is contemplating a subscription model similar to Amazon Prime for the sale of its medication. This strategy has the potential to significantly impact the pharmaceutical industry and the distribution methods of medical products.
The crux of the new approach lies in allowing employers in the U.S. to pay a fixed monthly fee for providing employees access to any drug developed by Recursion. Notably, the price of the medication will be irrelevant, streamlining the process of obtaining necessary prescriptions.
Proposed pricing: $45 per month per employee.
Purpose: Access to all medications prescribed by a physician.
HMD Global Oy, known for its Nokia-branded phones, has introduced an innovative device aimed at addressing the crucial issue of parental control over children's online activities. The new operating system, HMD Fusion X1, offers unique features that enable parents to effectively manage and limit their children's access to online content.
HMD Fusion X1 provides a host of groundbreaking functionalities designed to benefit both children and their parents:
Time-based Access Blocking: Parents can activate access restrictions during school hours or bedtime. This feature minimizes the impact of smartphones on academic performance and healthy sleep patterns.
Whitelisted Contacts: The system allows parents to create a whitelist of pre-approved contacts that can call their children. This significantly enhances communication safety.
Geofencing for Safety Monitoring: Parents can track when their children leave designated safe zones. This is particularly essential for maintaining oversight of the child's movements.
Social Media and Browsing Control: Emphasizing control over social media and web browsers, this feature helps prevent exposure to unwanted content and protects children from online threats.
In recent weeks, Doug McMillon, CEO of Walmart Inc. $WMT, has attracted attention with his remarks concerning American consumers' stress levels due to persistently high food prices. At a meeting with the Economic Club of Chicago, he highlighted that many consumers are feeling anxiety and worry about their financial situations, a scenario that could significantly impact consumer habits and, ultimately, the economy.
According to McMillon, many shoppers are running low on funds before the end of the month. This stressful reality is being observed among a considerable number of Walmart customers, raising serious concerns about the overall health of the economy. As a result, changes in consumer behavior are becoming more evident:
Purchasing smaller-sized products;
Reducing spending on larger packs;
Actively seeking more affordable alternatives.
Recent reports indicate that Bausch Health Cost $BHC, a prominent pharmaceutical company, may soon begin issuing debt securities as part of its strategy to refinance short-term obligations. Sources familiar with the situation have suggested that Bausch Health is considering a deal valued at approximately $5 billion, although specific details and structure are still under discussion.
According to Bausch Health's earnings report, the company plans to access capital markets in the first half of the year. The primary objective is to tackle issues related to upcoming debt maturities. With increasing financial pressures, Bausch Health is looking at leveraging the capital from its ophthalmology business, Bausch & Lomb Inc. This could provide substantial collateral when attracting new investments.
Amid global changes in the semiconductor industry and escalating competition between the United States and China, Arm Holdings Plc $ARM is set to sign a significant agreement next week to establish its base in Malaysia. This news was announced by the Prime Minister of Malaysia, Anwar Ibrahim.
During a meeting held on Friday morning, the Prime Minister discussed the plans of Arm with its Chief Executive Officer. The CEO of SoftBank Group Corp. $9984.T Masayoshi Son also participated in the conversation. This event underscores Arm's growing significance in the global semiconductor ecosystem and its determination to strengthen its position in the Asian market.
According to updated data released by the French Automobile Association (PFA), the market for new vehicles in France faced a slight yet notable decline in February 2025. Despite the overall number of registered vehicles, figures indicate significant changes linked to competition among major car manufacturers like Stellantis $STLA and Renault $RNO.PA.
In February 2025, the number of newly registered vehicles in France totaled 141,568 units. This marks a 0.7% decrease from the same month last year, when 142,595 vehicles were registered. Furthermore, for the first two months of the year, the total number of cars registered in France fell by 3.3%, amounting to 256,241 cars.
Samsung Electronics Co. $005930.KS continues to advance its lineup of smartphones, drawing inspiration from the latest trends in artificial intelligence (AI). Soon, the market will see the launch of a new model from the more affordable A series, the Galaxy A26, which promises enhanced features for photo editing and other unique functionalities.
Samsung is keen on providing users with access to modern technology, even in the budget segment. The Galaxy A26 series offers several key capabilities:
Advanced AI Photo Editing: Enhanced algorithms allow users to take quality photos and edit them with minimal effort.
Circle Image Search: A new feature that scans for similar images in the gallery, significantly simplifying media management.
In a significant ruling on Friday, Lenovo $0992.HK secured an appeal victory in a United Kingdom court, paving the way for a temporary license to use Ericsson's patented technologies $EKSN. This decision represents a major milestone in the ongoing global licensing dispute between the two industry giants, centered around the use of 4G and 5G wireless technology, and shaped by the principles of fair, reasonable, and non-discriminatory (FRAND) licensing.
The UK court’s decision emphasizes a growing trend of granting short-term patent licenses while awaiting final determinations on FRAND terms. Recent precedents set by the court – involving cases with companies such as Amazon $AMZN and Nokia $NOKIA.HE – have reinforced this approach. In 2023, Lenovo initiated legal action against Ericsson in the High Court of London, one of several lawsuits mounted by the two companies worldwide over wireless technology disputes. Similar legal battles have taken place in Brazil, Colombia, and across various jurisdictions in the United States, including North Carolina and proceedings before the U.S. International Trade Commission.
Amid the rapid evolution of digital technologies and changing media consumption habits in the capital markets, MNTN, a television advertising platform, is taking a pivotal step with its initial public offering in the United States. This event is significant not only for the company itself but also for the entire advertising sector, which is currently undergoing a transformative phase.
MNTN offers brands a unique opportunity to place ads on internet-connected televisions—devices capable of streaming online video content. This technology enables advertisers to reach a fresh audience in an era where traditional cable TV is declining. It is noteworthy that this IPO comes on the heels of active participation by institutional investors. During 2022, the company secured financing from industry giants such as BlackRock $BLK and Fidelity Management and Research.
On May 5, Microsoft announced that Skype will ring for the last time as the company discontinues support for the service that transformed the way international calls were made over two decades. This decision marks a strategic turning point in digital communications, shifting the focus toward Microsoft Teams $MSFT.
Launched in 2003, Skype quickly became synonymous with audio and video calls, revolutionizing communication by replacing traditional landlines during the early 2000s. With hundreds of millions of users at its peak, Skype set a new standard for global connectivity. However, as technology evolved and mobile devices became ubiquitous, Skype’s underlying technology began to show its age and struggled to meet modern expectations.
Amid the rapidly evolving landscape of financial technology and digital communications, Bumble $BMBL has taken a significant step by appointing Ronald Fior as its interim Chief Financial Officer, effective March 15. Currently a partner at financial consulting firm FLG Partners, Fior’s appointment marks a strategic move towards optimizing financial management and drive revenue growth at the company.
According to official announcements, Ronald Fior will continue to serve as an advisor for Bumble even after assuming the CFO role. His appointment comes as Anu Subramanian prepares to step down next month, prompting this critical leadership shift. Recent changes within Bumble also include the return of founder Whitney Wolfe Herd as CEO in March and the replacement of the former head of marketing by a new Director of Business Development.