Tag: Overhauls

Nokia’s $2.3 Billion Infinera Deal Overhauls Fixed Network Unit

(Bloomberg) — Nokia Oyj has agreed to buy Infinera Corp. in a $2.3 billion deal that will bulk up its network infrastructure business for broadband and fiber optic networks, a key revenue driver as the Finnish company’s mobile infrastructure operations shrink. Most Read from Bloomberg The takeover, which includes debt, will value the optical telecommunications […]

US Air Force eyes regular CCA overhauls

The Air Force’s aircraft fleet is replete with fighters, bombers, tankers and other aircraft that are still flying after decades or even generations. But the service’s planned collaborative combat aircraft — drones that will fly alongside crewed fighters — probably won’t last even a single generation before they need to be replaced or heavily overhauled, […]

Alibaba Overhauls Incentives to Entice Staff as Stock Languishes

(Bloomberg) — Alibaba Group Holding Ltd. will roll out a new employee incentive plan starting April that combines equity with cash, a significant adjustment designed to help the e-commerce giant attract and retain talent despite fierce competition. Most Read from Bloomberg The Hangzhou-based company told employees in a company-wide memo the changes are aimed at […]