Shares of technology companies fell but did better than the broader market as investors remained hopeful that the Fed is nearing the end of its campaign to raise interest rates. The tech-heavy Nasdaq Composite beat the S&P 500 and Dow Jones Industrial Average this week.
A court filing by federal prosecutors earlier this month lays out details about a series of alleged missteps that led Ericsson to agree to pay $207 million in fines. Prosecutors highlighted in particular how failures by the Swedish telecommunication company's outside lawyers contributed to their decision to seek the new penalties.
State-sponsored hackers from China have developed techniques that evade common cybersecurity tools and enable them to burrow into government and business networks and spy on victims for years without detection, researchers with Alphabet's Google found.
Write to Amy Pessetto at amy.pessetto@dowjones.com
(END) Dow Jones Newswires
03-17-23 1728ET
