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  • World of connected gadgets  Tuesday, 6 Jan 2015 | 4:25 PM ET

    Hans Vestberg, Ericsson president & CEO, discusses the massive shift in the technology industry to connected devices, and the future of driverless cars.

  • Patent risk firm RPX to buy ‘Rockstar’ assets Wednesday, 24 Dec 2014 | 8:08 AM ET
    The U.S. Patent and Trademark Office (USPTO) seal is displayed outside the headquarters in Alexandria, Virginia

    Patent risk management company RPX announced a deal to buy out the bulk of the assets owned by patent consortium Rockstar.

  • Early movers: DTV, WMT, UPS, GSK, SNE & more Wednesday, 24 Dec 2014 | 7:46 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • NEW YORK, Dec 23- Patent risk management company RPX Corp said on Tuesday it would buy patents owned by Apple Inc and other firms for $900 million, helping to further scale back lawsuits over smartphone technology. The deal puts an end to litigation started last year by Rockstar against several handset manufacturers whose phones operate on Google Inc's Android...

  • NEW YORK, Dec 23- Patent risk management company RPX Corp on Tuesday announced a $900 million deal to buy most of the patents owned by Rockstar Consortium, formed by Apple Inc. and other major technology firms in 2011 following the bankruptcy of Nortel Network Corp.. The consortium last year also sued several handset manufacturers whose phones operate on...

  • *Court banned Xiaomi selling in India on Dec. 10. *Xiaomi was fastest growing vendor in India. MUMBAI/ BEIJING, Dec 14- The court order that banned Chinese mobile maker Xiaomi from selling its phones in India has halted its breakneck expansion into the world's fastest growing major smartphone market and could be just the start of a string of patent challenges.

  • ADDIS ABABA, Dec 11- Swedish telecom group Ericsson is set to sign a contract with Ethiopia to expand telecom infrastructure, taking a slice of an $800 million contract from Chinese firm ZTE Corp because of a row over terms, a senior official told Reuters on Thursday. ZTE Corp's deal with state-run operator Ethio Telecom was signed in 2013. The other half of the...

  • MUMBAI, Dec 11- An Indian court has ordered Xiaomi Technology Co Ltd to temporarily stop selling its smartphones in India in a case related to patent infringements that telecom equipment maker Ericsson had filed against the Chinese company. Xiaomi, whose low-priced but feature-rich smartphones have made it the biggest smartphone vendor in China, sells its...

  • MUMBAI, Dec 11- An Indian court has ordered Chinese budget smartphone maker Xiaomi Technology Co Ltd to temporarily stop selling its devices in India, the Economic Times newspaper reported on Thursday, citing legal documents. The newspaper said the Delhi High Court had asked Xiaomi and Flipkart to suspend the import and sales of devices until Feb 5, when it is due...

  • Ericsson to cut $1.2 bn in costs by 2017  Wednesday, 3 Dec 2014 | 6:45 PM ET

    Rima Qureshi, Chief Strategy Officer & Head of M&A at Ericsson, says the firm is in the process of streamlining operations to become more efficient.

  • STOCKHOLM, Nov 23- Jacob Wallenberg, the 58- year-old head of one of Europe's most enduring family dynasties, is trying to work out how the empire controlling much of Sweden's economy could look with a woman or someone without the family name at the helm. Roughly 30 members of the sixth generation, aged between 15 and 30, are contenders to see if they could one day run...

  • PARIS, Nov 18- Ethiopia has told Chinese telecoms firm ZTE Corp it risked losing part of its deal worth $800 million to expand the nation's network because of differences over costs of upgrading existing systems, an Ethiopian minister and executive said. The deal last year with monopoly state-run operator Ethio Telecom was part of a $1.6 billion package, split...

  • HELSINKI/ LONDON, Nov 14- Nokia predicted on Friday a return to growth for sales in its core network equipment and services business next year and lifted its long-term profit margin target after meeting strong demand for 4 G mobile broadband networks this year. Nokia, which ranks third in the global network-equipment market after Ericsson and Huawei...

  • *Ericsson sees slightly slower growth in main markets. STOCKHOLM, Nov 13- Telecom equipment and services group Ericsson plans to cut 9 billion Swedish crowns of costs a year, including reducing staff, to help it cope with weaker growth prospects for its markets, it said on Thursday. While its North American market is slowing with operators such as Verizon and AT&T...

  • European shares traded lower, amid concerns about the results of Europe's bank stress tests and the first Ebola case in New York.

  • Rapid UK economic growth slows slightly in 3rd quarter. LONDON- Britain's rapid economic recovery eased as expected during the third quarter, as services output growth slowed and manufacturing expanded at the weakest pace in 18 months, official data shows. BRUSSELS- France and Italy make fresh commitments to reform to persuade Germany and the European...

  • HELSINKI, Oct 23- Nokia delivered quarterly profits well above expectations on Thursday, six months after selling its struggling handset business to Microsoft in a 5.6 billion euros deal that transformed it into a pure play network equipment maker. The Finnish company reported strong earnings from its core network gear unit and lifted the outlook for the...

  • HELSINKI, Oct 23- Finland's Nokia beat market expectations as it reported strong third-quarter profit growth and lifted the profitability outlook for its core network gear unit on the back of large network roll-outs in North America and China. Nokia shares rose 5.3 percent to 6.85 euros by 0830 GMT, underscoring investors' positive view of the transformation...

  • BRUSSELS, Oct 20- The European Union has ended a long-running telecoms row with China, the EU's trade chief said on Monday, dropping a threat to levy punitive tariffs on Chinese telecoms exports and easing tensions between two of the world's top trading powers. As Reuters reported exclusively on Oct. 8, the deal struck between Brussels and Beijing sets out a...

  • Oct 16- Xilinx Inc reported better-than-expected quarterly revenue and profit due to higher sales of programmable chips to industrial, aerospace and defense customers, sending the company's shares up 5 percent in extended trading. The segment accounted for 41 percent of Xilinx's total revenue in the quarter. Semiconductors made by Xilinx are sold off the...