VENTURE CAPITAL POST

Swedish telecom expert, Ericsson, has claimed that artificial intelligence will soon become the mode of interaction and communication overpowering smartphone in the next 5 years.

The technology has enabled the users to communicate and get alerts all around the world, even when they are outside their homes, stuck in road traffic, with no Wi-Fi connection available.

Cisco and Ericsson on Monday reported a tremendous new partnership that they believe will bring in $1 billion for each company by 2018. Cisco is considered a pioneer in things that are associated to PC networking and is especially strong in selling its gear to market corporations and Government too.

Ericsson and Cisco make a merger-like deal, but really isn't to face rapidly changing global market and earn up to $1 billion for each company by 2018. Fortune reported that European gear mobile communication manufacturer Ericsson and Silicon Valley Internet gear giant Cisco went into a partnership that is focused on future networks that will help manage the cross-selling for the companies' end-to-end portfolio.

Telecoms equipment maker Ericsson (ERICb.ST) reported a surprise fall in profits on Thursday as infrastructure spending by mobile network operators in its key North American market remained sluggish and fierce competition pressured margins elsewhere.

Nokia Oyj (NOK1V.HE) is in talks to buy smaller telecom equipment maker Alcatel-Lucent (ALUA.PA), a deal that would combine the industry's two weakest players but could pose challenges in cutting costs and overcoming political opposition.

Running short of dramatically new phone designs, leaders of the world's wireless industry agree their next big idea is 5G, shorthand for the fifth generation of networks they expect to have up and running by 2020.

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.

Mobile telecoms gear maker Ericsson said on Friday a slowdown in North America created uncertainty over fourth quarter sales as operators cut spending after big investments in high-speed networks.

Regulating internet providers more like public utility companies could hurt the Internet and the U.S. economy, more than two dozen network technology and equipment makers have told U.S. Commerce Secretary Penny Pritzker.

European Union antitrust regulators may open an investigation into Qualcomm, the world's No. 1 mobile chipmaker, based on a four-year-old complaint by a unit of rival Nvidia Corp, three people familiar with the matter said on Tuesday.

Ericsson and Samsung Electronics have come to a new licensing pact for wireless technology, putting an end to the patent war between the two firms, Bloomberg reported.

Telecom equipment maker Alcatel-Lucent launched EUR955 million in capital increase and USD750 million in high-yield bonds.

Nokia had its focus redirected on network equipment manufacturing after it sold its handset units to Microsoft Corp.

Ericsson bought Canadian form Telcocell.