NEWS ABOUT: Ericsson
Ericsson stories: 5 news briefs
Fear of lawsuits behind group effort to snap up intellectual property
Wall Street Journal Jun 30, 08 11:45 AM CDT
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Some of tech's biggest players are banding together to corner the market on patents key to their various businesses, the Wall Street Journal reports. Companies like Google and Verizon are afraid of being held hostage by small players with a claim on key bits of intellectual property, and wary of so-called "patent trolls," outfits that buy intellectual property solely to launch lawsuits.
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Danish monikers on Swedish outfit's doormats, floor runners wound pride
Der Spiegel Mar 6, 08 4:34 PM CST
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Danes are hopping mad about a discovery that Swedish furniture giant Ikea uses Danish place names for its doormats and floor coverings, while reserving Swedish and Norwegian monikers for higher-end items, Der Spiegel reports. Some Danish academics argue that this reinforces Sweden’s perception of Denmark as a “doormat” for its larger, wealthier neighbor, and have accused Ikea of “Swedish imperialism,” however metaphorical.
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Computing birthplace draws new industry to Californian shores
Financial Times (UK) Dec 17, 07 1:00 PM CST
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Silicon Valley is being reborn as a telecom hub, as phone companies jockey for computing technology and battle to compete with Apple and Google. Nokia, which opened a major research center in Palo Alto last year, has named its first Golden State-based technology chief. It's one of several firms rushing to “Smartphone Valley” to get their networking ducks in order.
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French-American telecom giant still sputtering 18 months in
Financial Times (UK) Nov 1, 07 11:22 AM CDT
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Alcatel-Lucent, the troubled Franco-American telecommunications company, announced yet more job cuts yesterday as the company posted its third consecutive quarterly loss. Alcatel had already planned to downsize by 12,500 employees, but another 4,000 will lose their jobs to reduce costs. 18 months after the French takeover of Lucent, reports the Financial Times , the merger has produced not a powerhouse but a slow-moving behemoth.
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As multiple companies post losses, problems spread across sector
BusinessWeek Oct 23, 07 11:50 AM CDT
(Newser Summary) -
This quarter was supposed to see the start of a fightback for the beleaguered telecommunications industry. But the bad news keeps coming: Ericsson has warned investors to prepare for a sharp drop in profits, Nokia is still losing money and firing thousands of workers, and Alcatel-Lucent is already seeking a new business plan after its recent merger.
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