MATRIXX Software appoints Glo Gordon as new CEO

Written on Monday, 03 February 2020 09:11
MATRIXX Software has appointed board member Glo Gordon as the new CEO, succeeding Dave Labuda. She is to lead the company through its next phase of transformative growth. The transition is expected to take place throughout the month of February. Following the transition, Labuda will remain in the company as a non-executive chairman of the board and senior innovation advisor. Labuda stated, “It’s been an honor to lead the talented MATRIXX team and I’m excited that Glo will bring her…
Brand Finance, a leading brand valuation and strategy consultancy headquartered in UK, has named Huawei one of the top 10 most valuable brands for the first time ever. In the recently published Brand Finance Global 500 2020 report, Huawei is the third Chinese company on the list with a brand value of US$ 65.084 billion, up 4.5 per cent year-on-year. “Clearly the next big opportunity for the telecoms industry, the 5G space is inviting fierce competition, with Huawei expanding into…

Apple, Broadcom trialed for patent infringement

Written on Thursday, 30 January 2020 07:53
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…

Apple exceeds expectations with record quarterly revenue

Written on Wednesday, 29 January 2020 10:42
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…

Huawei greenlighted for limited role in UK’s 5G network

Written on Wednesday, 29 January 2020 05:12
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…

Huawei awaits approval for role in UK’s 5G network

Written on Monday, 27 January 2020 13:50
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…
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…

Italian regulator threatens Facebook with €5m fine

Written on Monday, 27 January 2020 11:01
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…

Intel reports fourth quarter and 2019 financial results

Written on Monday, 27 January 2020 10:30
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…

Ooredoo and National Bank of Oman develop new mobile wallet

Written on Monday, 27 January 2020 09:59
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.

MYCOM OSI launches new solution to accelerate 5G deployment

Written on Sunday, 26 January 2020 08:56
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…

Huawei recognized for relentless R&D efforts

Written on Monday, 20 January 2020 11:52
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…
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