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Nokia leads a 6G wireless project for EU

Bloomberg Nokia Oyj is leading a group of companies and universities in a European Union funded wireless project called Hexa-X to help jump-start a new generation of mobile technology that’s already being called 6G. The group includes wireless gearmaking-peer Ericsson AB, mobile carriers Orange SA and Telefonica SA, and technology companies including Intel Corp. and Siemens AG. They’re joined by ...

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Uber sells self-driving unit to Aurora, takes stake in startup

Bloomberg Uber Technologies Inc sold its self-driving car division to Aurora Innovation Inc and took a stake in the startup, creating a larger competitor to the leader in the field, Alphabet Inc’s Waymo. The deal will value Aurora at $10 billion, according to people familiar with the discussions who asked not to be identified discussing private information. In exchange for ...

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Most stocks, US futures drop as coronavirus cases increase

Bloomberg Most stocks dropped and US futures retreated as investors focused on swelling coronavirus infections and tougher restrictions. After global equities hit an all-time high last week, sentiment has softened this week in the face of a worsening virus trends, with Hong Kong shutting gyms and New York warning that indoor dining might soon close. S&P 500 futures slipped 0.3% ...

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