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Ericsson (NASDAQ: ERIC) has announced its participation at Saudi Arabia’s biggest tech exhibition, LEAP 2023, taking place at the Riyadh Front Expo Centre from 6 – 9 February 2023. Ericsson’s top executives, including Börje Ekholm, President and Chief Executive Officer of Ericsson, will be present at the event. Börje will discuss connectivity and the Kingdom’s digital transformation as a main stage speaker at LEAP 2023. With the mobile industry shining a spotlight on Saudi Arabia as a leading market for digital transformation and 5G deployment, Ericsson will showcase its cutting-edge technology solutions and demonstrate 5G leadership in capturing new consumer and business opportunities. Running under the theme "Imagine Possible: Limitless connectivity enabling limitless possibilities, "Ericsson will be highlighting the potential cellular technology holds in improving lives, redefining businesses, and pioneering a sustainable future. Throughout the event, Ericsson will focus on four main messaging pillars: transforming enterprises, reimagining consumer experiences, innovating for a sustainable future, and enabling limitless connectivity through technology. Ericsson will present live demonstrations of 5G and connectivity at the event, allowing attendees the opportunity to experience the capabilities held by advanced connectivity technologies firsthand. Ericsson will also have global and regional experts on-site discussing the company’s efforts […]

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(First of two parts) As people increasingly look to the government to defend their lives and means of subsistence during times of crises, most recently under the pandemic, public policy and the provision of services are now under unprecedented pressure. There is widespread demand among citizens for more digitally enabled public services, and many of them want more control over how these services are provided. However, a sizable portion of the populace lacks the ability or resources to use digital services. To better understand how people’s lives are changing in the connected world, EY launched a new research study with over 12,000 working-age respondents called Connected Citizens. This global study looked at what these respondents value, their top concerns, and how they feel about the impact of technology. The study then aimed to examine their expectations of the function of the government, the provision of public services, and the nature of the interaction between those in power and those under it. TECHNOLOGY IN A MORE PERVASIVE ROLE The increased use of technology in daily life has been one of the most noticeable changes catalyzed by the pandemic. It changed how people work, play, shop, study, and socialize in mere […]

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In this article The Spotify logo hangs on the facade of the New York Stock Exchange with U.S. and a Swiss flag as the company lists its stock with a direct listing in New York, April 3, 2018. The Spotify logo hangs on the facade of the New York Stock Exchange with U.S. and a Swiss flag as the company lists its stock with a direct listing in New York, April 3, 2018. Lucas Jackson | Reuters Coming off a week that was packed with corporate earnings and economic updates, it is still difficult to determine whether a recession can be avoided this year. Investing in such a stressful environment can be tricky. To help with the process, here are five stocks chosen by Wall Street’s top analysts, according to TipRanks, a platform that ranks analysts based on their past performances. related investing news Six stocks Goldman Sachs likes ahead of earnings Alex Harring a day ago Apple Ahead of Apple’s ( AAPL ) December quarter results, due out on Feb. 2, investors are fairly aware of the challenges that the company faced during the period. From production disruptions in the iPhone manufacturing facility at Zhengzhou in China to […]

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"We’re thrilled to be appointed to deploy our unrivaled telco data governance and data management expertise to improve data quality and create additional value from existing data management infrastructure.” -Darya Nasr, CRO, LigaData LigaData has been appointed to deploy a data governance solution for Asiacell to accelerate data-driven digital transformation and improve ROI. ..LigaData, with their demonstrable enterprise data expertise, will ensure our data governance frameworks and policies are world-class and accelerate our data-driven digital transformation plans.” — Hisham Siblini, Asiacell, CTIO PALO ALTO, CALIFORNIA, USA, January 22, 2023 / EINPresswire.com / — Asiacell has appointed data analytics and AI specialists LigaData to implement a new Data Governance Framework and Data Governance Center of Expertise. Asiacell will benefit from improved data management, data quality, and on-going data monitoring. The strategic partnership will enable more innovative digital services for Asiacell’s 17 million subscribers and significantly improve the organization’s return on investment from existing data infrastructure. This latest investment reinforces Asiacell’s commitment to their vision of empowering Iraq’s society by driving digital transformation to enrich people’s digital lives. By enhancing the organization’s data management infrastructure, customers will experience an even greater service. Hisham Siblini, Asiacell, CTIO, stated: “Asiacell is dedicated to […]

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(UPDATE) BILLS that will speed up the country’s digital transformation top the House of Representatives’ priority list when session resumes today, January 23. Among the measures is the E-Governance/Government Act. "We will expedite the passage of these measures to implement the pronouncements of President Ferdinand Marcos Jr. in Davos, Switzerland on his desire for the country to catch up with other nations in digital evolution," Speaker Ferdinand Martin Romualdez said. Romualdez said the House’s priorities for 2023 also include the 11 other bills that the Executive and Legislative branches agreed on in October during the Legislative-Executive Development Advisory Council’s (Ledac) meeting. The other urgent proposals are: An enabling law for the natural gas industry; Amendments to the Electric Power Industry Reform Act; A Unified System of Separation, Retirement and Pension law; A National Land Use Act; A National Defense Act; A law on national government rightsizing; A budget modernization law; A law creating the Department of Water Resources; A law establishing the Negros Island Region; A Magna Carta for Filipino Seafarers; The establishment of regional specialty hospitals. By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy […]

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The best time to invest in any high-quality company is when its prospects are at their bleakest. At this point its share price is likely to be so low that it provides tremendous scope for capital gain in a subsequent recovery. Certainly, a return to buoyant financial performance and previous share price highs is never guaranteed. But companies with sound balance sheets, solid market positions and clear long-term growth opportunities are extremely likely to fully recover as temporary industry-related challenges ultimately abate. Housebuilders such as Persimmon , for example, are currently experiencing a marked slowdown in demand for new homes. Its latest trading update, released earlier this month, showed that while sales averaged 0.69 per outlet per week for the full year, they slumped to just 0.3 per outlet per week in the final quarter of the year. Persimmon key facts • Market value: £4.4bn • Turnover (Dec 2021): £3.6bn • Pre-tax profits (Dec 2021): £967m • Yield (Dec 2021): 17pc • Most recent year’s dividend: 235p • Net debt (Dec 2021): £1.2bn net cash • Return on capital (Dec 2021): 22pc • Cash conversion ratio (Dec 2021): 82pc • p/e ratio (Dec 2021): 5.6 Expand to read more […]

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In this article Goldman Sachs CEO: We had a disappointing quarter and we own that watch now Goldman Sachs CEO David Solomon told CNBC on Wednesday that his firm suffered an upsetting quarter partly due to its overly ambitious consumer efforts. “We obviously had a disappointing quarter, and we tried to own that, you know, up front,” Solomon said Wednesday on CNBC’s “ Squawk Box ” at the World Economic Forum in Davos, Switzerland. The New York-based investment bank on Tuesday posted its largest earnings miss in a decade as revenue fell and expenses and loan loss provisions came in higher than expected. Goldman said quarterly profit plunged 66% from a year earlier to $1.33 billion, or $3.32 per share, about 39% below the consensus estimate. That made for the largest EPS miss since October 2011, according to Refinitiv data. “In the consumer platforms, we did some things right. We didn’t execute on some others,” Solomon said. “We probably took on more than we should have, you know, too much, too quickly.” Building and expanding its consumer banking business has turned out to be more challenging than expected. Goldman last year pivoted away from its previous strategy of building […]

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The decline of TV and cinema and rise of streaming will reshape entertainment Splash Mountain, a popular ride in Disneyland, towers over attractions that encapsulate the 100-year history of the Walt Disney Company. To the south, on Main Street USA, a little cinema screens “Steam Boat Willie”, in which Mickey Mouse made his debut in 1928. In the centre of the park the Sleeping Beauty Castle evokes the classic Disney animations of the 1940s and 1950s. On the outskirts are areas themed around Star Wars and the Marvel universe, which Disney took over during an acquisitions spree in the 2000s. Passengers at the high point of the ride have a few seconds to take in the view. Then, with a lurch, their car makes a near-vertical plunge and everyone gets drenched. In the run-up to its centenary, which Disney will start celebrating on January 27th, the company itself has been on something of a rollercoaster ride. The world’s biggest entertainment firm, with a market value of $180bn, still rules the box office, with four of the ten highest-grossing films of 2022 (including the sequel to the most lucrative ever, “Avatar”). Its American theme parks have bounced back from pandemic […]

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The Nike store and the Regal Meridian 16 are two downtown staples that announced they were shutting their doors. SEATTLE — Time is running out for another downtown Seattle staple. One of downtown Seattle’s longest-standing movie theaters is closing its doors next month. The Regal Meridian 16 movie theater is one of 39 that will shut off screens across the country. "It’s terrible because it’s common that I would come down and eat someplace and have the movie. (It’s) a nice theater and convenient," said Geri Cooper, a Seattle resident. The company that owns the theater, Cineworld, filed for bankruptcy in September. Meridian 16 and the downtown Nike store location are now added to the list of businesses that have shut their doors downtown over the last couple of years. "Less people, and yes there have been a lot of closures, a lot of retailers, a lot of stores that used to be staples aren’t here anymore," said Florence Vollmer, a Seattle resident. Officials with the Downtown Seattle Association sent KING 5 an emailed statement that said in part: “For several years, retailers have been evaluating changing needs for space and scale. We’ve seen that in urban areas since […]

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