According to the US Justice Department, Telia, the Swedish telecom firm, has been asked to pay fines of nearly $1 billion to settle a bribery case brought by US, Swedish and Dutch authorities. Stockholm-based Telia Company AB, whose securities traded in New York, "corruptly built a lucrative telecommunications business in Uzbekistan, using bribe payments wired around the world through accounts here in New York City," Acting US Attorney Joon Kim said in a statement.
There is a new plan on anvil by Zee Entertainment Enterprises Ltd (ZEEL); it will soon launch a production company, Zee Studios International, in Canada. This will be for the first time for any Indian channel to do so in Canada. The step is aimed to marks Zee’s entry into global production for mainstream audiences. It will facilitate production requirement for the company’s diverse platforms as well as international markets. The production company, located at Vancouver, British Columbia, will be headed by SubhadarshiTripathy. He will be supported by a local team. Tripathy, who has been with the organisation for over 18 years, will jointly report to ZEEL MD & CEO PunitGoenka and CEO – International Broadcast Business Amit Goenka.
The mega event, Broadband World Forum will be held in Berlin this time during 24-26 October 2017. Broadband World Forum has also revamped its range of events to tackle the challenges of future-proofing networks and monetising high-speed infrastructures. A range of panels, workshops and technology tours across all aspects of the broadband industry, including three of the hottest topics that are set to have an impact on the sector:
When connectivity is not enough: the key to meaningful digital inclusion
Fake news are shaking the world right now and every country suffers from it. The Pakistan Electronic Media Regulatory Authority (PEMRA) said in the notice that Pakistani news channels must not to air fake news. The warning was issued following reports that 158 Indian soldiers were killed at India-China border.
Satellite Evolution Group, the leading print and digital marketing platform for the satellite industry, has launcheda Satellite Industry Forum, which is an exclusive networking site dedicated to all things satellite.
Artificial intelligence can crunch the numbers on inconceivably large volumes of data, predicting trends, mitigating problems, driving a revolution in socio-economic development. Smart machines can learn, understand, develop and, in many areas, out-perform humans. But what will be the impact on our jobs, our economies and our societies? Do we need an international code of AI ethics now, before it is too late?
Rupert Murdoch may face another round of hurdles as the U.K. culture secretary Karen Bradley has said that she intends to order an extensive review of 21st Century Fox's (FOX) $15 billion planned takeover of Sky TV because of concerns over "genuine commitment to broadcasting standards" and the increased influence it would give the Murdoch family over British media.
“You cannot assume that 5G is just 4G on steroids. It is a revolution,” says Kailash Narayanan of Keysight Technologies.
Now the streaming services of UK pay TV Sky has will be available in Spain which will offerentertainment and contract-free viewing to customers to watch on all their devices. The new service will offer Spanish pay TV channels, TV series and on-demand films from around the world in Spanish, predominantly in HD quality, and for only €10 a month.
The celebrated host Eric Bolling will be removed by Fox News Channel. Eric is a host and contributor whose on-air presence at the 21st Century Fox-owned network had been growing in recent months, after allegations surfaced that he had harassed colleagues there.
CBS Corp, the most watched US Network has agreed to buy struggling Australian broadcaster Ten Network Holdings, to enter a crowded platform for its market for SVoD services in Australia.
Country’s most awaited Pay-TV conference, “Philippines in View 2017” will be host on 30 August 2017 at the Marriott Hotel in Manila by regional industry body CASBAA that will highlight the country’s role as a continuing growth market for digital video in all its forms. However, the Philippines is also a market likely to face growing challenges from online video piracy as broadband infrastructure improves. At this conference, CASBAA will launch its “Philippines in View 2017” Market Report which encompasses an exclusive of study of younger urban consumers in the Philippines.
PerfectVison Manufacturing Inc., global manufacturer for the telecommunications industry is receiving the 2016 AT&T Supplier Sustainability Award in the ‘Resource Improvement’ category. The company is being recognized for developing a reusable cable dispenser that reduced cable usage by 15% and helped AT&T realize large material savings. The award recognizes suppliers for their support of AT&T and its goals toward sustainable operations.
Technology majors Apple, Amazon and Google will help the US federal agencies upgrade their digital infrastructure and embrace cloud computing.
Shares of Viacom dropped as much as 11 percent, the most in 18 months. Viacom Inc. said subscribers to its cable-TV networks will drop by about 3 percent this quarter, another hurdle for the owner of MTV and Nickelodeon.
HBO is conducting a forensic review of its computer systems for greater understanding of the scope of a cyber attack that surfaced recently.
Discovery Communications has finalized the rate for acquiring Scripps Networks Interactive for $11.9 billion in a bet that uniting the ownership of cable channels like Animal Planet and HGTV will help the company adapt to the changing television landscape.
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