Thursday, 30 January 2020 07:53
Apple, Broadcom trialed for patent infringement
A Los Angeles jury ordered Apple and Broadcom to pay $1.1 billion to a university in California for infringing on four Wi-Fi technology patents. Apple was ordered to pay $837 million and Broadcom must pay $270 million to the California Institute of Technology, in what is thought to be one of the largest patent verdicts ever. Caltech University had sued both tech giants in 2016, alleging that Apple products including iPhones, iPads and Apple Watches used Broadcom components that infringed…
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Wednesday, 29 January 2020 10:42
Apple exceeds expectations with record quarterly revenue
Apple has delivered record results for the final three months of last year, delivering gains in sales of iPhones even as the company transitions to digital services and wearables. Net profit hit an all-time high of $22 billion on record quarterly revenue of $91.8 billion, the California tech giant said of the results which were far stronger than most analyst estimates. Previously, Apple told investors that it expected revenue of “between $85.5 billion and $89.5 billion” in the quarter, along…
Wednesday, 29 January 2020 05:12
Huawei greenlighted for limited role in UK’s 5G network
The UK has finally approved a limited role for Chinese telecoms giant Huawei in the country's 5G network, but underscored that "high risk vendors" would be excluded from "sensitive" core infrastructure. The United States wanted Prime Minister Boris Johnson to ban Huawei completely, arguing that Beijing could use the company’s equipment to spy on western counterparts. Huawei has strongly denied any involvement in espionage. London's decision, following a meeting of the National Security Council chaired by Boris Johnson, came shortly…
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Monday, 27 January 2020 13:50
Huawei awaits approval for role in UK’s 5G network
Despite opposition from the United States, Britain is to yet to decide on a potential role for China's Huawei in developing its 5G telecoms network. However, reports say this will be in a limited capacity after heavy US obstruction on security grounds. "The UK has a momentous decision ahead on 5G," US Secretary of State Mike Pompeo tweeted as Washington continued to heap pressure on Prime Minister Boris Johnson up to the last minute in urging a complete sidelining of…
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Monday, 27 January 2020 12:14
Ericsson shares drop due to ongoing North American operator merger
Ericsson published its Q4 financial results which highlighted that the Swedish telecom vendor did not experience much growth. The vendor stated that the protracted merger of T-Mobile US and Sprint were to blame for the 9% drop in North America. However, despite this, Ericsson experienced plenty of growth in the North American region at the beginning of the year. Ericsson CEO Börje Ekholm commented on this and stated, “Due to uncertainty related to an announced operator merger, we saw a…
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Monday, 27 January 2020 11:01
Italian regulator threatens Facebook with €5m fine
Italy’s Competition Authority (ICA) has taken legal action against Facebook, threatening to fine the social media giant for failing to comply with their terms regarding data practices involving user data which were previously set in November 2018. The ICA issued a statement which read that if a company failed to comply with their terms, it would potentially result in a €5 million fine. Facebook was fined €5 million back in November 3018 after the ICA found that the social media…
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Monday, 27 January 2020 10:30
Intel reports fourth quarter and 2019 financial results
Intel Corporation today reported fourth-quarter and full-year 2019 financial results. Intel exceeded expectations with a record revenue of $20.2 billion, up 8 percent year-over-year (YoY). Full-year revenue set an all-time record of $72.0 billion, up 2 percent YoY on data-centric growth. Intel also delivered outstanding fourth-quarter earnings per share (EPS) of $1.58.A record $33.1 billion cash was generated from operations and $16.9 billion of free cash flow, and returned approximately $19.2 billion to shareholders. The company’s board of directors approved…
Monday, 27 January 2020 09:59
Ooredoo and National Bank of Oman develop new mobile wallet
Taking payments to a whole new level, Ooredoo, together with the National Bank of Oman (NBO), has introduced pay+, a new mobile wallet. Fast, simple and secure, pay+ enables customers to make a wide range of transactions from a single app on their smartphone. Whether it be payments, deposits, transfers, or withdrawals, daily financial tasks just got a lot easier. The state-of-the-art service is part of Ooredoo’s commitment to enriching customers’ digital lives.
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Sunday, 26 January 2020 08:56
MYCOM OSI launches new solution to accelerate 5G deployment
MYCOM OSI, the Assurance Cloud Company and leading independent provider of Assurance, Automation and Analytics solutions to the world’s largest Communications Service Providers (CSPs), today announced details the launch of its 5G Roll-out Accelerator solution. As CSPs race to launch 5G, the on-demand service enables them to easily acquire the comprehensive assurance capabilities required to rapidly roll-out 5G network and services. MYCOM OSI has deployed 5G assurance to Tier 1 CSPs including Vodafone and Telenor Norway. Its new 5G Roll-out…
Monday, 20 January 2020 11:52
Huawei recognized for relentless R&D efforts
Huawei has been ranked fifth on the recently released 2019 EU Industrial R&D Investment Scoreboard as one of the biggest investors in research and development worldwide. The Scoreboard is made up of the 2,500 companies investing the largest sums in research and development in the world, with data collected from companies’ annual reports and accounts. As a result of its R&D investments focus, Huawei has been able to lead the development of 5G technologies globally and the Middle East region…
Sunday, 19 January 2020 10:48
Orange Jordan launches mobile e-wallet service
Orange Jordan officially launched its e-wallet service, ‘Orange Money’, during a press conference which was attended by governmental officials alongside the company’s management and strategic partners. The event celebrated the launch of the financial solution, which recently acquired the e-payment license from the Central Bank. The company said at the event that the service operated by Petra Mobile Payment Services Company has completed all official requirements stipulated in Jordanian legislature. Thierry Marigny, Orange Jordan’s CEO, said that the company finished…
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Friday, 17 January 2020 07:44
The case of Huawei's Meng explained
Meng Wanzhou, the chief financial officer of the Chinese telecom giant and daughter of its founder Ren Zhengfei, was detained in the Canadian city on a US warrant in late 2018. Her arrest put the 47-year-old at the center of the US and China's battle over Huawei's growing global reach. Hearings into whether she can be extradited to the United States will begin on January 20 in Vancouver, in a case with potential repercussions for ties between the US, China…
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