News Articles

10,000 jobs to be cut at Alcatel-Lucent

Communications infrastructure business Alcatel-Lucent has revealed plans to cut around 10,000 jobs by the end of 2015. It’s part of a company-wide commitment to save €1 billion in the same period.

These actions, which form part of ‘The Shift Plan’ announced in June by new CEO Michel Combes, are designed to reposition Alcatel-Lucent as a ‘next generation’ technology specialist and return it to profit.

Author: The Fonecast
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UK mobile ad spending up 127% from last year

The amount of money spent on mobile-based advertising in the UK grew by 127% year-on-year to £429.2 million in the first half of 2013.

It means that 14.1% of all digital advertising spend is now targeted at mobile devices, which is nearly double the same period last year.

Author: The Fonecast
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LG Electronics introduces its own BYOD solution

LG Electronics has announced a business-focussed security service called LG GATE. It’s designed to separate a user’s own personal data from company data on their smartphone.

The platform is being launched in the USA on the new LG G2, enabling companies with a ‘bring your own device‘ policy to give their staff secure access to enterprise data via a personal smartphone.

Author: The Fonecast
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Last week at The Fonecast: 7th October 2013

Compare and contrast

Mark Bridge writes:

Talk about a difference. In preliminary results last week, HTC announced its first-ever quarterly loss while Samsung revealed record quarterly profits.

Curiously, many of the week’s other news stories also had a companion headline to provide a contrast.

Author: The Fonecast
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Twitter reveals more details about its planned stock market launch

Micro-blogging service Twitter has revealed more details about its planned IPO (Initial Public Offering) in the United States.

It’s aiming to raise $1 billion, with the possibility of Twitter shares trading by the end of November.

Author: The Fonecast
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