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The Latest Breaking News from Ericsson

IIT Madras ties up with Ericsson for research in responsible AI

IIT Madras partners with Ericsson Research for 5 yrs to develop cutting-edge methods to enhance trust & explainability in AI algorithms for public good. Key projects include large-language models in healthcare, participatory AI & generative AI models based on attention mechanisms.

The Hindu

Verizon’s CEO has been ranking his mood from 1-10 every day since 2009

Hans Vestberg, who has been in charge at the telco giant for five years, said great leadership starts with understanding yourself.

Fortune

Here’s the No. 1 thing Bang Olufsen’s CEO looks for before accepting a job offer

While there’s much to be said about having a squiggly career, getting swept up in the moment and following your gut instinct, there’s one thing Bang Olufsen CEO Kristian Teär always looks for when weighing up an opportunity.

Fortune

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Which Chip Stock Is the Better September Buy: Intel (INTC) vs. Taiwan Semiconductor Manufacturing (TSM)

Amid rising chip demand across multiple sectors, let us explore the prospects of two prominent players in the semiconductor industry, Intel (INTC) and Taiwan Semiconductor (TSM), to identify the better buy in the coming month. Read more….

StockNews.com

Vodafone and Ericsson want to use network slicing to boost cloud gaming

5G Standalone network slicing is great for mobile gaming, as it offers improved performance all around.

TechRadar

Global mobile markets could be shrinking at their fastest rate ever

RAN enthusiasm seems to have faded, leaving revenues in freefall.

TechRadar

BT unveils significant 5G breakthrough that could mean faster connectivity for all

We're a step closer to Standalone 5G as BT and Ericsson successfully trial new technology.

TechRadar

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3 Big-Name Chip Stocks to Keep on Your Watchlist

Although the rising adoption of various consumer electronics across the globe and the increasing use of memory chips is expected to drive growth, the industry could face near-term challenges. However, big-name chip stocks Taiwan Semiconductor Manufacturing (TSM), Intel (INTC), and QUALCOMM (QCOM) could be worth adding to your watchlist. Keep…

StockNews.com

Swedish embassy in Iraq relocates after attack over Quran burning

Swedish telecoms company Ericsson also looking into reports that Iraq has suspended its work permits there.

Al Jazeera

Vodafone and Ericsson team up to provide even faster 5G

More flexibility, spectrum efficiency, and energy savings should be coming to 5G networks everywhere.

TechRadar

Nokia and Ericsson shares fall as cost of living crisis hits telecoms sales

Finnish company lowers profit expectations, while Swedish firm expects flat or ‘slightly up’ margins

The Guardian - UK

Adoption Of Speedy 5G Services Is Growing: Kiplinger Economic Forecasts

The use of mobile video apps, such as TikTok and YouTube, is driving the adoption of 5G around the world.

Kiplinger

Could IndyCar’s top team lose its standout 2023 drivers?

Ganassi heads into this weekend’s halfway IndyCar round at Mid-Ohio holding a 1-2 in points with Palou leading Ericsson by a whopping 74 points. Team Penske's Josef Newgarden is the best non-Ganassi driver, a further seven points behind.

Autosport

A brief history of the smartphone

The three-decade story of how smartphones transformed from an idea into an essential for everyday life.

TechRadar

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Fortune

UNICEF: ‘Working with corporations is helping us make real progress toward sustainable development goals. Here’s how’

Partnerships with the private sector in hundreds of territories are vital to UNICEF's work for the protection children.

Bangkok Post

SE Asia telecom mergers revolutionise industry: Indosat’s success story

The telecom industry in Southeast Asia is experiencing a dynamic transformation following the merger of the region’s leading telecom operators. This consolidation is designed to improve the competitiveness and capabilities of the telecom operators by leveraging their resources to gain efficiency while building customer value.

TechRadar

Hybrid working has never been more important, but bosses are still making some major mistakes

Some workers are putting flexibility above all other requirements, but companies are still failing to adapt.

Bangkok Post

Ericsson predicts 5G reaching 50% of subscriptions by 2025

Fifth Generation (5G) subscriber numbers in Thailand are projected to reach 50% of total mobile subscriptions by 2025 thanks to monetisation models and more affordable smartphones, says Swedish networking and tech firm Ericsson.

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TechRadar

Ericsson and MediaTek expand 5G deployment options

Ericsson has combined four channels with MediaTek to achieve the fastest known downlink speeds

Autosport

Chevrolet sorry for “freak” issue that cost O’Ward win at St. Petersburg

O’Ward qualified third for IndyCar’s season-opener and held station there for most of the race, behind Andretti Autosport’s Romain Grosjean and Colton Herta in the first stint, then behind Team Penske’s Scott McLaughlin and again Grosjean in the middle stint. The Mexican was therefore in prime position to inherit the…

Motorsport

Chevy sorry for “freak” issue that cost O’Ward St. Pete win

Asharq Al-Awsat

Ericsson to Pay $206 Mln over Corruption Case in Iraq

Sweden's Ericsson (ERICb.ST) agreed to pay a $206 million fine and plead guilty after violating a 2019 deal with US prosecutors that required the telecoms firm to properly disclose information on its activities in Iraq, China and Djibouti. The plea agreement with the US Justice Department follows a scandal over…

The Independent UK

Ericsson to pay $206M for breaking US deal in bribery case

Swedish telecom equipment maker Ericsson has agreed to plead guilty to U.S. foreign corruption violations and pay more than $206 million for breaking a deal with the Justice Department over charges of bribery and falsifying records in countries from China to Kuwait

Asharq Al-Awsat

Ericsson to Cut 8,500 Jobs Worldwide

Telecom equipment maker Ericsson said Friday it would slash 8,500 jobs worldwide, part of a cost-cutting program as financial headwinds push operators to rein in spending. Ericsson, which had a total of 105,000 employees at the end of 2022, last month posted disappointing full-year 2022 earnings, as operators slow spending…

Evening Standard

Telecoms giant Ericsson to lay off 8,500 staff

Telecoms giant Ericsson is to lay off 8,500 staff in a bid to slash costs.

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