Telefonica will book a cost of €2.5 billion ($2.9 billion) to pay for the exit of about 5,500 employees as part of a sweeping cost-reduction plan https://t.co/mWt0xvju7f ...

Spanish telecoms giant Telefonica said on Wednesday it would delist its American Depositary Shares (ADS) from the New York Stock Exchange, citing the administrative burden and cost of keeping them lis... ...

Stock futures are lower, but well off session lows, as traders await delayed jobs data that will shape the Fed’s next move. As of 7:15am, S&P 500 futures are 0.2% lower while Nasdaq 100 contracts are -0.3% with all Mag 7 names lower premarket; European equities are little changed.Treasuries are lower, pushing 10Y yields up 0.5bps to 4.175%. The Bloomberg dollar index is at session lows. Brent crude dropped 1.6% below $60 a barrel for the first time since May and gold pulled back after five days of gains. Bi ...

Entel said it will no longer bid jointly with America Movil for Telefonica’s Chilean unit and will instead evaluate participating alone https://t.co/sesV3tNlPo ...

Core Insights - OneMeta Inc. has appointed three former technology leaders as Strategic Advisors, indicating a strong commitment to enhancing its strategic direction and operational capabilities [2][4] - The company specializes in AI-driven multilingual communication technologies, with its Verbum Suite designed to facilitate real-time multilingual interactions [3][8] Company Developments - The newly appointed advisors are Paul Jarman, former CEO of NICE CXone; Manoel Amorim, former CEO of Telefonica Brazil; and Bob Erickson, former CTO for Technology Strategy & Enterprise Data at U.S. Bank [2][4] - All three advisors have become shareholders in OneMeta, reflecting their confidence in the company's mission and long-term strategy [2] Advisor Contributions - Paul Jarman brings over two decades of experience in scaling SaaS and cloud innovations across large organizations, having led NICE CXone to global prominence [5] - Manoel Amorim has extensive leadership experience in telecommunications and finance, including roles that contributed to significant public offerings [6] - Bob Erickson's background in enterprise architecture and cloud transformation in regulated environments adds valuable insights to OneMeta's strategic planning [7] Industry Context - There is a growing demand for real-time multilingual communication solutions among enterprises worldwide, which OneMeta aims to address with its advanced technology [3][4]

Telefonica aims to cut at least 5,040 jobs as part of a sweeping plan to slash costs, the top union representing its workers said https://t.co/sTHGZVVM31 ...

Telefonica has proposed laying off 5,040 people in Spain as part of cost-cutting efforts envisaged in its new strategy, trade union UGT said on Monday. ...

Core Viewpoint - French banking giant ODDOBHF has launched a euro-backed stablecoin named EUROD, marking its entry into the cryptocurrency sector [1] Group 1: Company Overview - ODDOBHF manages assets exceeding €150 billion (approximately $173 billion) [1] - The stablecoin EUROD will be available on the Madrid-based cryptocurrency platform Bit2Me, which is supported by major institutions including telecom giant Telefonica and banking giants Unicaja and BBVA [1] Group 2: Regulatory Compliance and Market Position - EUROD complies with the European Union's MiCA regulatory requirements, targeting both retail and institutional users [1] - Bit2Me's CEO Leif Ferreira stated that the launch of ODDOBHF's euro stablecoin is a significant step towards providing trusted regulated digital assets on the platform [1]

An executive shake-up, potential job cuts and a pledge to do more deals all offer glimpses into the Telefonica chairman’s ongoing strategic review https://t.co/Xgl1HBEvez ...

Mexico’s America Movil and Chile’s Entel are working on a joint bid for Telefonica’s Chile unit, sources say https://t.co/q4PPEnv78w ...