Belgium Questions Apple’s iPhone 12 After France Suspends Sales Over Radiation 

An Apple iPhone 12 is pictured in a mobile phone store in Nantes, France, Sept. 13, 2023. (Reuters)
An Apple iPhone 12 is pictured in a mobile phone store in Nantes, France, Sept. 13, 2023. (Reuters)
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Belgium Questions Apple’s iPhone 12 After France Suspends Sales Over Radiation 

An Apple iPhone 12 is pictured in a mobile phone store in Nantes, France, Sept. 13, 2023. (Reuters)
An Apple iPhone 12 is pictured in a mobile phone store in Nantes, France, Sept. 13, 2023. (Reuters)

Belgium's junior minister for the digital economy said he would ask the telecoms regulator to analyze potential health risks linked to Apple's iPhone 12 after France ordered a halt to sales citing breaches of radiation exposure limits.

"It is my duty to make sure all citizens ... are safe", Mathieu Michel, state secretary for digitalization, said in a statement emailed to Reuters on Thursday.

Apple on Wednesday said the iPhone 12, launched in 2020, was certified by multiple international bodies as compliant with global radiation standards, that it had provided several Apple and third-party lab results proving the phone's compliance to the French agency, and that it was contesting its findings.

But France's move to halt iPhone 12 sales until Apple fixes the radiation issues it detected in two tests this week raised the prospect of further bans in Europe.

Germany's network regulator BNetzA said it might launch similar proceedings and was in close contact with French authorities. The Dutch digital watchdog also said it was looking into the matter and will ask the US firm for an explanation.

"I have rapidly reached out to the IBPT-BIPT (regulator) to ask for an analysis about the potential danger of the product", Michel said, adding that he had also asked the regulator to review all Apple smartphones, as well as devices made by other producers, at a later stage.

Researchers have conducted a vast number of studies over the last two decades to assess health risks resulting from mobile phones. According to the World Health Organization, no adverse health effects have been established as being caused by mobile phone use.



Salesforce Gains as Software Firm Bets on AI Tools to Power Growth

The Salesforce logo is pictured on a building in San Francisco, California, US October 12, 2016. REUTERS/Lily Jamali/File Photo Purchase Licensing Rights
The Salesforce logo is pictured on a building in San Francisco, California, US October 12, 2016. REUTERS/Lily Jamali/File Photo Purchase Licensing Rights
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Salesforce Gains as Software Firm Bets on AI Tools to Power Growth

The Salesforce logo is pictured on a building in San Francisco, California, US October 12, 2016. REUTERS/Lily Jamali/File Photo Purchase Licensing Rights
The Salesforce logo is pictured on a building in San Francisco, California, US October 12, 2016. REUTERS/Lily Jamali/File Photo Purchase Licensing Rights

Shares of Salesforce gained more than 5% on Thursday as investors cheered the customer relationship management software maker's upbeat quarterly results and its artificial intelligence push to drive growth.

The company has been heavily investing to integrate its AI technologies into existing products, such as its messaging platform Slack, to enhance their capabilities and attract more customers.

"We continue to see Salesforce as an under-appreciated AI winner as its differentiated data and early success in creating/deploying GenAI agents," Reuters quoted Goldman Sachs analyst Kash Rangan as saying.

Wall Street was concerned that tempered cloud spending would affect Salesforce in a tough economy, but the software-as-a-service (SaaS) firm reported better-than-expected revenue, profit and margins in the second quarter.

Salesforce also raised its profit forecast for the year ending January 2025, as margins continue to expand, thanks to its restructuring efforts last year.

The stock is trading at 24.49 times that of Wall Street's profit expectations, compared with 52.11 for SaaS peer ServiceNow and cloud contact center firm Five9's 13.30.

Salesforce is set to add $14 billion to its market capitalization if premarket gains hold. The company's valuation stood at $248 billion as of Wednesday's close.

"We think these results alone are not good enough to drive a sustainable rally from here. For that, we need more catalysts, which could come with the new AI solutions," which are set to be showcased at its event Dreamforce and launched in October, Barclays analyst Raimo Lenschow said.

Some analysts believe that sustained growth in the coming quarters can come through customer support platform Agentforce, which is not yet commercially available.