ericsson fourth-quarter adjusted gross margin at 49.1%, the estimate had been 48.2%. the top line, adjusted gross margin coming in above the estimates, there was a focus on the indian operations and north america. there had been an expectation that the numbers might be softer, given the strength on the third quarter on the back of a $14 billion deal with dnt. ericsson seeing first quarter cloud software sales people are to their three-year average. looking at 2.5 swedish krona, slightly above the estimates. and in terms of adjusted earnings, fourth-quarter adjusted earnings, it is a miss coming in at 9.8 billion swedish krona, the estimate had been 10.3 5 billion. that is the earnings story coming through from ericsson, in terms of fourth-quarter net sales, just slightly above estimates. to the markets. let's get a check because we have seen some decent gains coming through for european equities. seven straight days of gains, set for an eighth straight day. futures on and we are pointing to gains of 0.4%. i hoping we can get these markets up for you. we will get the f

ericsson down 13% on the back of telecom not selling as expected.tok is a big issue in washington. frank mccourt's executive chairman of mccourt global and founder of mccourt liberty that made an offer to acquire the social media giant two weeks ago not long before the ban deadline. i want to start with the reprieve president trump signed hours after taking office. how has that complicated efforts by you and other bidders to get bytedance to come to the table and talk about a sale? frank: it hasn't complicated things from our perspective. we continue to chug along. we are prepared. we are hanging around their hoop, so to speak, waiting for bytedance to make a decision. if it takes more time, so be it. we feel we are in a unique position to buy u.s. tiktok. we are the only ones who put a. in and submitted to the department of justice before the original deadline. we were ready to roll. we continue to be ready. we have more and more conversations. if there is more and more excitement around us. we had a fabulous couple days in davos where there was gr

nick arn ericsson, vice chair of the town council, thank you for taking the time. >> thank you. alicia: for more on the wildfires, let's bring in criminal defense attorney and evacuee of the fire, brian claypool. brian, i mentioned just a few minutes ago that the mayor of los angeles, karen bass, is about to step to the mic along with federal authorities for an update. but just about an hour or so ago we did receive an update from county officials. here's the sheriff. take a listen. >> evacuation orders are approximately at 153,000 residents that are under the evacuation orders and approximately 57,000 structures are still at risk. regarding evacuation warnings, approximately 166,000, or a little over 166,000 residents are under evacuation warnings. alicia: bottom line right now, brian, from the sheriff there is that the winds are picking up, and they're only going to get worse over the next 24-48 hours. your thoughts right now as we sit here. >> hey, alicia, thanks for having me. look, my thoughts, my feelings have gone from shock and trauma when it's 5 a.m. early wednesday mor

ericsson fourth quarter adjusted ebitda came in weaker than expected, even as sales narrowly topped expectations swedish telecom equipment maker warned restructuring charges are likely to remain at elevated levels this year, but also reported strong growth in north america. the ceo of börje ekholm pointed to ai as a key driver for the future. >> ai is front. >> and center, no doubt about that. >> and that. >> will rely on what i call the digital stack. >> you know, think about it as compute. >> edge, compute public cloud. >> but one very important part is going to be the connectivity layer. and actually here i'm starting to become very optimistic because we need to connect everything on the planet. and that will rely on reliable, secure, high performance connectivity. and here 5g is front and center. so we need and have a major opportunity here by investing in the in the programable networks, that actually allows us to create the network that is optimized for ai. and i think that's actually a major opportunity for us. it's not impacting global traffic yet in the networks, but over the next few y