Ericsson cuts 1,200 jobs in Sweden to cope with lower sales
Ericsson AB also plans to cut costs separately by reducing facilities and the use of consultants and will streamline processes.
Source: hindustantimes.com
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GUEST ARTICLE: 5G and IoT-The beginning of a new era
Meta Description: The integrated ecosystem of 5G and IoT (internet of things) has the potential to revolutionise business fortunes if these new technologies are coupled in a synergistic manner.
Source: indiantelevision.com
Section 254(2) of Income Tax Act does not empower ITAT to recall order: Supreme Court
Supreme Court has clarified that the power of the Income Tax Appellate Tribunal (ITAT) under Section 254(2) of the Income Tax Act is limited to rectifying or amending an order in view of an error apparent from the record
Source: barandbench.com
Huawei Technologies to now charge royalties for 5G tech from Apple, Samsung
Huawei Technologies will begin charging mobile giants like Apple a “reasonable” fee for access to its trove of wireless 5G patents, potentially creating a lucrative revenue source by showcasing its global lead in next-generation networking. The owner of the world’s largest portfolio of 5G patents will negotiate rates and potential cross-licensing with the iPhone maker and Samsung Electronics Co., Chief Legal Officer Song Liuping said. It aims to get paid despite U.S. efforts to block its network gear and shut it out of the supply chain, but promised to charge lower rates than rivals lik...
Source: business-standard.com