Archive September 14, 2019

Broadcom says chip market bottomed out, demand to remain low

(Telecompaper) Broadcom reported revenues for its fiscal third quarter to July up 9 percent year-on-year and little changed on a sequential basis at USD 5.515 billion. The company said it appeared the semiconductor market had bottomed out but it’s expected to remain at a low level due to the uncertain market conditions. 

Google to pay EUR 1 bln in tax settlement with French authorities

(Telecompaper) Google reached an agreement in France on a long-running dispute with the country’s tax authorities, which had led to a raid by financial crime officers on its Paris office in 2016. At the time, the company was reportedly asked to pay EUR 1.6 billion in back taxes, after being accused of tax optimisation practices. A Google spokesperson confirmed that a settlement had been reached, comprising a EUR 500 million fine ordered by a French court, in addition to a EUR 465 million payment for additional taxes.

IBC 2019: Newtec Reinforces Commitment to Developing Universal OTT Services with DVB Demo

AMSTERDAM, Netherlands, and SINT-NIKLAAS, Belgium, September 13, 2019 – Newtec, a specialist in the design, development and manufacturing of equipment for satellite communications, has teamed up with DVB to showcase the future of universal Over The Top (OTT) television services at IBC 2019. Taking place at DVB’s booth 1.B71, the DVB demonstration – which will use Newtec’s MCX7000 Multi-Carrier Satellite Gateway as a receiver – will reveal the ‘single hybrid offering’ that DVB-I brings. DVB-I…

Source: RealWire

German Environmental Prize awarded to soil scientist and cleaning products manufacturer

Prof. Dr. Ingrid Kögel-Knabner (Munich) and Reinhard Schneider (Mainz) honoured on 27 October 2019 in Mannheim Osnabrück, Germany. In 2019, soil scientist Prof. Dr. Ingrid Kögel-Knabner (60) from the Technical University of Munich, and entrepreneur Reinhard Schneider (51) from Mainz, whose company, Werner & Mertz, is in the laundry detergent and cleaning product industry and is dedicated to comprehensive sustainability at every stage of production, will split the German Environmental Prize, which is awarded by…

Source: RealWire