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What is a smart building and how can it benefit you?

What is a smart building? A smart building is any structure that uses automated processes to automatically control the building’s operations including heating, ventilation, air conditioning, lighting, security and other systems. A smart building uses sensors, actuators and microchips, in order to collect data and manage it...

Vodafone Group's Q1 revenue reaches $17.5B

Vodafone ends June with 52.5M LTE subscribers in 21 markets U.K.-based Vodafone Group recorded 13.37 billion pounds ($17.55 billion) in revenue for its fiscal first quarter ended June 30, a decline of 4.5% compared to the same quarter last year. Group service revenue was 12.27 billion pounds for...

Huawei revenue up 40% in first half of 2016

Huawei generated revenue of $36.7B during the period Chinese information and communications technology solutions provider Huawei generated sales of 245.5 billion yuan ($36.7 billion) in the first half of 2016, representing an increase of 40% compared to the same period in 2015, the vendor said in...

Ericsson CEO Hans Vestberg steps down effective immediately

CFO Jan Frykhammar to become CEO as search ramps up After 28 years with Swedish telecommunications giant Ericsson, CEO Hans Vestberg, who has held that position for the past seven years, stepped down on July 25, effective immediately, according to the company. For now, EVP and CFO...

Qualcomm CEO discusses 5G positioning and investment

Qualcomm this week reported strong quarterly earnings, and CEO Steve Mollenkopf said the chipmaker is poised to be a leader in "5G." During an earnings presentation, executives explained that revenue for the third quarter, which ended June 26, amounted to $6.03 billion, beating Wall Street...

Report: Verizon to target 'extraordinary' data users

Amid sweeping changes to its data plan pricing and usage policies, Verizon Wireless is now reportedly going to target users with unlimited data plans who consume an "extraordinary" amount of mobile data. The report first appeared in Droid Life. Citing knowledgable sources, the website reports:...

Comcast creates mobile division, shuffles executives

Cable giant Comcast is a bidder in upcoming 600 MHz spectrum auction Comcast continues to make moves that signal a possible future entrance in the mobile carrier space. In the latest, the Philadelphia-based MSO has reportedly created a new mobile division and shuffled executives to...

Microsoft cloud revenues double as Azure sees more adoption

In reporting financials from its second fiscal quarter, Microsoft got a big boost from its cloud computing business as its Azure platform and service revenue grew 140% year-over-year. “Businesses everywhere are using the Microsoft Cloud as their digital platform to drive their ambitious transformation agendas,”...

Case Study: Shell, Rockwell make oil and gas production smart

The need for an oil and gas solution Oil and gas producers are doing everything they can to grind through a period of historically low per barrel oil prices. The period has stretched on for more than a year now, with per barrel prices getting...

IIoT use cases in the oil and gas industry

An industry in 'turmOil' The oil and gas industry is riding out a violent wave that crashed crude oil prices per barrel to less than $40, down more than 60% from the high of summer 2014. The result is a favorable receipt at the gas...

Son rise for the internet of things

SoftBank’s acquisition of ARM to help accelerate much-needed internet of things standardization The "internet of things" looks to have received a massive vote of confidence as one of the boldest technology investors of the past two decades, Masayoshi Son, agreed to buy ARM Holdings, a...

Ericsson stock loses 5% after accusations of revenue inflation

After Swedish media outlet Svenska Dagbladet reported accusations that Ericsson was inflating revenue figures by recording income before billing clients, the telecom equipment vendor's stock lost more than 5% of its value. Ericsson has since denied the report, and its stock value has begun to...

Black & Decker teams with Cisco for IoT manufacturing

Powertool manufacturer Black & Decker turned to Cisco to provide an "internet of things" solution that increases visibility and decreases complexity in one of the largest tool manufacturing plants in Mexico. If you have partaken in any home or auto do-it-yourself projects, you have probably gotten your...

Analyst: Carrier price wars belie a weak national economy

Verizon Wireless is 'following in the footsteps of its rivals' The U.S. wireless market is currently going through a very competitive streak as carriers look to take customers from rivals with an endless parade of device promotions, price cuts, aggressive marketing and other tactics. According to...

T-Mobile responds to Verizon with new smartphone giveaway

Last week, Verizon Wireless increased the size and cost of it's data buckets, immediately prompting social media responses from the CEOs of T-Mobile U.S. and Sprint. Now, T-Mobile US is launching a new promo that couples specific data plans with new smartphones. Starting July 13,...

Cisco agrees to acquire cloud security firm for $293M

In a move intended to bolster its end-to-end cloud security portfolio, Cisco this week agreed to acquire Massachusetts-based security startup CloudLock for $293 million. CloudLock uses an API-based approach to provide cloud access security broker tech geared toward enterprise-grade security and analytics related to cloud...

Sprint execs 'extremely bullish' in analyst meeting

Nationwide Sprint small cell roll out permitting and approval process is 'ahead of expectations' Amid a stock rally prompted by a recommitment signal from parent company SoftBank, a team of Wells Fargo Securities analysts described a June 24 meeting with Sprint execs as "extremely bullish." In a...

Former SoftBank No. 2 talks sudden resignation

SoftBank investment into Sprint 'not producing cash flow at the moment' Last week Nikesh Arora, a former Google honcho and up until last week the president and COO of SoftBank, made waves  when he suddenly resigned his post. Arora is set to leave those positions on July...

Senate report calls out TWC, Charter for over billing

Investigation into pay-TV providers TWC, Charter, Dish Network, DirecTV, Comcast and Cox examines billing practices A U.S. Senate hearing this week focused on billing practices for five major pay-TV companies serving some 71 million subscribers. Senators honed in on overcharges from Time Warner Cable and...

Google Fiber to buy ISP Webpass to speed network rollout

Webpass CEO said Google Fiber acquisition to 'accelerate deployment' of fiber network San Francisco-based internet service provider Webpass, according to company President Charles Barr, will be acquired by Alphabet subsidiary Google Fiber, which is the technology giant's residential fiber internet and TV service. Webpass provides business...

Kagan: Why CurrentC mobile payment app is failing

The new mobile payment space is growing. So if that’s the case, why is CurrentC failing? How does a company with backing from so many major retailers completely flop? Before I start, it’s important to understand that we don’t yet know who the leaders of...

Pollak, de la Vega among latest Wireless Hall of Fame honorees

TracFone founder F.J. Pollak and long-time AT&T executive Ralph de la Vega are among this year’s inductees into the Wireless Hall of Fame The Wireless History Foundation unveiled its 2016 honorees set to join the Wireless Hall of Fame during a foundation dinner scheduled for...

Looking to boost cloud services, Samsung to acquire Joyent

Samsung today announced it will acquire U.S.-based public and private cloud service provider Joyent to support its "growing lineup of mobile, 'internet of things' and cloud-based software and services," according to the Korean company. Neither company has revealed any financial details of the acquisition. Joyent, founded...

5G: The bear case

Some skeptics believe the world won’t pay a premium for 5G. Are they right? With the vocal support of most vendors, many mobile operators and some governments, "5G" – a key enabler of the industrial "internet of things" – seems to be gaining momentum. But there are...