Hands up if you know what Ericsson does? Yes, we all know about that Sony-Ericsson smartphone thingamajig. But as Hans Vestberg, Ericsson’s surprisingly youthful CEO and President told me, Ericsson can claim, as much as any other company, to actually run the network.
Swedish telecoms kit maker Ericsson has filed suit against mobile maker Samsung in the US for patent infringement. The move follows nearly two years of negotiations to renew a FRAND patent licensing agreement between the pair, according to Ericsson.
Reuters has reported that Sony will be cutting roughly 1,000 jobs from its mobile phone unit, Sony Mobile.
Chip maker AMD (NYSE: AMD) is prepping to layoff as much as 30 percent of its workforce, amounting to as many as 3,000 jobs, according to reports — a move that comes hard on the heels of an expected 10 percent Q3 2012 revenue slide, eroding margins and weak demand.
The cuts, also detailed here, could impact workers in engineering and sales, units that skirted prior workforce reductions inclu
Cisco Systems (NASDAQ: CSCO) said it will let go 2 percent of its workforce, or an estimated 1,300 of its 65,000 employees worldwide, as a “routine” action to improve its decision-making and agility.
According to published reports, the cuts are tied to Cisco’s larger cost-cutting measure to save $1 billion over several years, including the demise of about 10,000 jobs last year.
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Ericsson has told a who's who of spectrum specialists from the telecoms and broadcasting industries at the ACMA's Radcomms 2011 conference that digital TV broadcasts, which in the US take up 300MHz of spectrum, could be delivered over LTE networks using Multimedia Broadcast/Multicast Service (MBMS) technology in just 28 percent of this spectrum.
Ericsson has filed lawsuits against Chinese telecoms equipment vendor, ZTE, alleging infringement of Ericsson patents in 2G and 3G cellular technologies.
Zynga is giving another carrot to investors. The company is kicking off a $200 million share repurchasing program. It’s the first time Zynga has ever done this.
The news comes on the heels of fresh cost-cutting with layoffs for 5 percent of the company’s workforce and potential closures for international offices in the U.K. and Japan.
Red Hat (NYSE: RHT) now generates 65 percent of quarterly bookings from partners, up from 53 percent in the company’s Fiscal Year 2008. That’s impressive. But how is Red Hat going to train partners to cross-sell the company’s growing portfolio of software — Linux, storage, virtualization, middleware, etc.? Oh, and who are Red Hat’s top current partners?
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