Page 43 - Cloud Technology News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Report for this last day of 2014 wednesday, december 31st. Good evening, everyone. On this new years eve. Im susie gharib. Im Bill Griffeth in tonight for tyler mathisen. Once again, no champagne rally on wall street today. All the major averages sold off on the last trading day of the year but it was another banner year for stocks. The blue chip index managed to record its sixth Consecutive Year of gains despite falling in todays final session of the year. The Dow Jones Industrial average tacked on 38 record closes this year. The s p 500 posted 54 new highs. Help improving economy and accommo...

The communicators is on location. This week well look at some of the new technologies coming out from ces international and talk to policymakers as well. This is the communicators on cspan from las vegas. Well now we want to introduce you to Ulf Ewaldsson with the Erickson Corporation Senior Vice President group chief Technology Officer. Mr. E waldson, before we get into what you do, just want to make the statement that erickson is not the Consumer Product corporation that it was a few years ago is that a fair statement . Guest absolutely. We are not in consumer at all. But being here at the C...

Department, which is where we are right now. There is no compromise . When Congress Comes back into town, they will have to decide how to break this impasse. The president has said that he will veto an appropriations bill that comes to his desk that defense our executive actions. I believe that is the right position. He shouldnt tie one to the other. The litigation plays a fact or im sure. We have said we will appeal. That will play itself out. We need to break this impasse it im hoping he will be able to figure out a way to do that. Thank you. Thank you. This is a timely subject. I appreciate...

It is a complex answer. Let me try to explain. 5g is more than just another network. It is an even nation an evolution of 4g into a network that is much more responsive, much faster, built for machine type communication. In ericsson, we talk about a Network Society. And the Network Society is a society where everything that can benefit from having a connection will actually have one. We put a Vision Forward in 2009 in barcelona in the trade show going on there of the 50 billion connected devices in 2020, which has caught on very well in the world. And that, i think, open to many peoples minds ...

Is that a fair statement . Absolutely. We are not the Consumer Product at all. But being here at the consumer electronic show in las vegas you can see how Relevant Networks which we are doing, is becomes important to every Consumer Product that wants to be connect connected. For a while people owned ericsson phones. But do you manufacture phones . No we dont. It is more businesstobusiness . What we do is we are the Global Leader for infrastructure for networks and provide infrastructure and Telecom Services and services for operators. So that is the business we are in basically. What is ericss...