Bell Labs

Universal Display Corporation’s Dr. Julie Brown to Receive Prestigious USC Viterbi Engineering Award

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星期四, 四月 11, 2024

The award, from the USC Viterbi School of Engineering, recognizes Dr. Brown for her exemplary professional accomplishments and exceptional contributions to the field of engineering management.

Key Points: 
  • The award, from the USC Viterbi School of Engineering, recognizes Dr. Brown for her exemplary professional accomplishments and exceptional contributions to the field of engineering management.
  • The award will be presented during the 2024 Viterbi Awards today, April 11th, in Beverly Hills, California.
  • Julie has the ability to find unique solutions through her extensive expertise and by empowering those around her to collaborate and succeed.
  • “We are thrilled to recognize Dr. Brown for her extraordinary work and substantial impact on the world through the power of engineering and technology.

Quad Investors Network Announces Nokia’s Nishant Batra as New Advisory Board Member

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星期四, 四月 11, 2024

Today the Quad Investors Network (QUIN) announced Nishant Batra, Chief Strategy and Technology Officer (CSTO) of Nokia, has joined the QUIN’s Advisory Board.

Key Points: 
  • Today the Quad Investors Network (QUIN) announced Nishant Batra, Chief Strategy and Technology Officer (CSTO) of Nokia, has joined the QUIN’s Advisory Board.
  • The QUIN’s Advisory Board is composed of representatives from the Quad nations and sets the agenda for the network, provides strategic guidance, serves as the lead for working groups, spearheads investments, and engages with governments across the four Quad nations.
  • “Nishant will be an important addition to our Advisory Board,” said Karl Mehta, Chairman of the Quad Investors Network.
  • “I am honored to join the QUIN’s Advisory Board,” said Batra.

Serial Founder Matthew Knysz Joins Interweb, Inc. as CTO to Advance No-Chain Vision

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星期三, 四月 17, 2024

SAN FRANCISCO, April 17, 2024 /PRNewswire/ -- Interweb, Inc., the company building the "printing press" for software development, is proud to announce that Dr. Matthew Knysz is joining the team as Chief Technology Officer. A seasoned entrepreneur, Knysz has co-founded multiple Silicon Valley startups, attracting investments from notable investors like Mayfield, Cherubic, and innovative and impactful angels including Lars Rasmussen, the founder of Google Maps. Knysz's journey from research at Bell Labs to the dynamic world of entrepreneurship has equipped him with a rare blend of talents to propel Interweb, Inc., and its Web3 tooling suite Cosmology, into its next phase. Knysz is particularly eager to transform on-chain complexity into no-chain simplicity, just as no-code has democratized building applications.

Key Points: 
  • SAN FRANCISCO, April 17, 2024 /PRNewswire/ -- Interweb, Inc., the company building the "printing press" for software development, is proud to announce that Dr. Matthew Knysz is joining the team as Chief Technology Officer.
  • A seasoned entrepreneur, Knysz has co-founded multiple Silicon Valley startups, attracting investments from notable investors like Mayfield, Cherubic, and innovative and impactful angels including Lars Rasmussen, the founder of Google Maps.
  • Knysz is particularly eager to transform on-chain complexity into no-chain simplicity, just as no-code has democratized building applications.
  • As part of his dissertation, he also built a globally distributed monitoring and detection system for botnets using machine learning.

A new measure of firm-level competition: an application to euro area banks

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星期四, 四月 18, 2024

Abstract

Key Points: 
    • Abstract
      This paper extends Boone (2008) by introducing a competition measure at the individual
      firm level rather than for an entire market segment.
    • We apply this extended Boone indicator to individual bank-level competition
      in the loan market in the four largest euro area countries and Austria.
    • Our new measure of firm-level competition enriches and complements
      other competition measures and provides a promising starting point for future market
      power analyses.
    • The only measure among non-structural measures that is based on the
      concept of competition as a process of rivalry is the Boone (2008) indicator.
    • We introduce
      a new performance measure of competition by extending the Boone indicator to the
      individual firm level.
    • Introduction
      The ability to reliably measure competition is valuable to researchers, analysts, and
      policymakers, especially antitrust authorities, financial supervisors, and central banks.
    • One broad
      category of indicators often used to measure competition are structural competition
      measures, such as static concentration measures, and dynamic measures, e.g., entry and
      exit rates.
    • Out of these measures, the only measure based on the
      concept of competition as a process of rivalry is the Boone indicator.
    • This study introduces a new performance measure of competition by extending the
      Boone indicator to the individual firm level.
    • It thus measures the
      increase in profits in percent of one percentage point increase in efficiency, with marginal
      costs as measure of efficiency.
    • We extend the theoretical
      underpinning of the measurement of competition for the entire market of Boone (2008) by
      a new measure of individual firm-level competition.
    • A concern of the literature is the gap
      between the practical application and the theoretical framework of Boone (2008).
    • We introduce within the same theoretical
      framework a new measure of competition on firm level, the MRP.
    • Our new
      measure significantly augments the antitrust evaluative framework by shedding light on
      whether a merger results in a less competitive market.
    • Our novel indicator focuses on
      firms? incentives to enhance their relative efficiency, as manifested in the elasticity
      between relative profits and efficiency.
    • However, an inefficient firm that is foreclosed could be more
      competitive than the larger efficient firm that relies on its scale economies.
    • Our new metric of competition unveils
      banks? ability to influence their profitability in the short term by cutting costs relative to
      their peers.
    • The new MRP indicator provides the ability to assess the impact
      of individual banks? competitiveness on their interest rate-setting behaviour in loan
      markets.
    • Incorporating this information promises a more refined understanding of the impact and
      timing of monetary policy rates changes on the real economy.
    • Section 3 introduces within the Boone
      (2008) theoretical framework our new measure of individual firm-level competition,
      including the interpretation of the MRP.
    • Section 4 provides an application of our new
      ECB Working Paper Series No 2925

      6

      individual firm-level competition measure to the loan market.

    • The StructureConduct-Performance paradigm (SCP) provides a traditional framework in the field of
      industrial organization for analysing competition behaviour in markets.
    • Concentrated
      markets ease the possibilities to collude implicitly or explicitly and therefore concentrated
      markets result in higher prices and profits.
    • For example, a tougher competition
      setup may lead to a reallocation of market shares, potentially forcing some firms to exit
      the market.
    • This approach gives firms? strategic behaviour
      central stage and focuses on the strategic interaction on prices and quantities, known as
      conjectural variation.
    • Another measure from
      this strand of literature is the H-statistic developed by Panzar and Rosse (1987).
    • The only competition measure from this performance literature where competition is the
      outcome from a process of rivalry is the Boone indicator.
    • A continuous and monotonically increasing relationship exists between
      RPD and the level of competition if firms are ranked by decreasing efficiency.
    • (2013) compare the Boone indicator with the price-cost margin
      and conclude that the profit elasticity is a more reliable measure of competition.
    • The high
      elasticity of profits to efficiency unequivocally indicates that the high market shares and
      therefore high profits are due to high efficiency.
    • A firm that quickly passes changes to the input prices is seen as a price
      taker with little market power.
    • Indicators of competition tend to measure different phenomenon and may provide
      conflicting messages, as reported for European banking by Carbo et al.
    • Application 2: Test the ?quiet life? and related market structure hypotheses using the
      MRP as competition or market structure measure.
    • Data
      Our application to individual bank-level competition in the euro area loan market uses
      balance sheet and income statement data from the Moody?s Analytics BankFocus for the
      calendar years 2013-2020.
    • As such, most publications
      on competition in the euro area includes the largest four member states.
    • Due to these restrictions the database was reduced to an unbalanced panel of up to 1862
      banks (depending on the year) from five euro area countries.
    • Application 1: Measure bank competition using MRP
      Looking at the distribution of the MRP for individual banks (Fig.
    • A similar finding for the four largest euro area countries as a group is
      reported in Carbo et al.
    • Application 2: Test of market structure hypotheses using MRP
      Our new measure of individual-bank competition can be used to test market structure
      theories.
    • Euro area banks? market power,
      lending channel and stability: the effects of negative policy rates, European Central Bank
      Working Paper, 2790 (February).
    • A
      new approach to measuring competition in the loan markets of the euro area, Applied
      Economics, 43 (23), 3155?3167.
    • Impact of bank competition on the interest rate pass-through in the euro area, Applied
      Economics, 45 (11), 1359?1380.

Sandy Motley announced as Country Manager for Nokia in the U.S.

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星期四, 二月 22, 2024

Sandy Motley announced as Country Manager for Nokia in the U.S.

Key Points: 
  • Sandy Motley announced as Country Manager for Nokia in the U.S.
    Sandy Motley, a senior Nokia executive, takes on revitalized country leadership role.
  • February 22, 2024, USA – Nokia today announces the appointment of Sandy Motley, President of the company’s Fixed Networks division, as the new Country Manager for Nokia in the U.S.
    Sandy brings decades of telecoms expertise to the role.
  • Country Managers take the lead for creating strong ecosystems of innovation and collaboration wherever Nokia operates across the globe.
  • Sandy Motley, USA Country Manager at Nokia added, “I am very excited to start this next chapter of my journey here at Nokia.

Nokia launches new 5G mmWave receiver to add capacity to Fixed Wireless Access networks #MWC24

Retrieved on: 
星期四, 二月 22, 2024

Espoo, Finland – Nokia today announced a new 5G outdoor fixed wireless access receiver designed to enhance broadband coverage for urban, suburban, and rural areas.

Key Points: 
  • Espoo, Finland – Nokia today announced a new 5G outdoor fixed wireless access receiver designed to enhance broadband coverage for urban, suburban, and rural areas.
  • Mounted on a balcony, wall, or pole, the outdoor receiver uses unique 360-degree field-of-view technology and Nokia Bell Labs advanced algorithms to enhance performance.
  • Dirk Verhaegen, VP of Broadband Devices at Nokia, said: "We are excited to introduce the FastMile 5G mmWave Receiver, a game-changer for FWA services.
  • The device will expand the addressable market of homes and businesses for premium fixed wireless access services.”
    The Nokia FastMile 5G mmWave Receiver will be available by early 2024.

Sridhar Ramaswamy Named Chief Executive Officer of Snowflake

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星期三, 二月 28, 2024

Snowflake (NYSE: SNOW), the Data Cloud company, announced today that Frank Slootman has decided to retire as Chief Executive Officer and Sridhar Ramaswamy has been named as Chief Executive Officer and member of the Board of Directors effective immediately.

Key Points: 
  • Snowflake (NYSE: SNOW), the Data Cloud company, announced today that Frank Slootman has decided to retire as Chief Executive Officer and Sridhar Ramaswamy has been named as Chief Executive Officer and member of the Board of Directors effective immediately.
  • Mr. Ramaswamy previously held the position of Senior Vice President of AI at Snowflake.
  • View the full release here: https://www.businesswire.com/news/home/20240228398564/en/
    Sridhar Ramaswamy, Chief Executive Officer of Snowflake (Photo: Business Wire)
    Frank Slootman will continue to serve as Chairman of the Board.
  • “There is no better person than Sridhar to lead Snowflake into this next phase of growth and deliver on the opportunity ahead in AI and machine learning.

CTIA Announces Nishant Batra of Nokia as New Board Member

Retrieved on: 
星期五, 二月 23, 2024

WASHINGTON, Feb. 23, 2024 /PRNewswire/ -- CTIA, the wireless industry association, today announced that Nishant Batra, Chief Strategy and Technology Officer of Nokia , has joined CTIA's Board of Directors, effective immediately.

Key Points: 
  • WASHINGTON, Feb. 23, 2024 /PRNewswire/ -- CTIA, the wireless industry association, today announced that Nishant Batra, Chief Strategy and Technology Officer of Nokia , has joined CTIA's Board of Directors, effective immediately.
  • "Nishant is a fantastic addition to our Board of Directors," said CTIA President and CEO Meredith Attwell Baker.
  • "We welcome his industry expertise, spanning the United States, Asia and Europe, and his knowledge of the evolving global market and business dynamics.
  • We look forward to working with Nishant as we focus on advancing America's global economic competitiveness."

Emotional Link LLC CEO Naoto Sato Interviews Professor Brian Kernighan, Princeton University, on "Methodology for Strengthening Arithmetic Abilities"

Retrieved on: 
星期四, 二月 15, 2024

Emotional Link LLC , a business information dissemination company based in Minato Ward, Tokyo, has released an interview article with Professor Brian Kernighan, Princeton University, on "Methodology for Strengthening Arithmetic Abilities”.

Key Points: 
  • Emotional Link LLC , a business information dissemination company based in Minato Ward, Tokyo, has released an interview article with Professor Brian Kernighan, Princeton University, on "Methodology for Strengthening Arithmetic Abilities”.
  • The article , which is available on the Emotional Link LLC website, specifically targeting business professionals and students aspiring entrepreneurs who struggle with arithmetic, delves into the mindset of individuals proficient with arithmetic and explores methods for improving arithmetic skills based on this mindset.
  • He also emphasized that improving arithmetic skills even as an adult is not difficult, and it can be achieved by simply repeating basic calculations in everyday life.
  • Naoto Sato is the CEO of Emotional Link LLC.

HIMALAYA TECHNOLOGIES ADDS FORTUNE 100 TELECOMMUNICATIONS EXECUTIVE TO ADVISORY BOARD; COMPANY TARGETING VAST TELEHEALTH MARKET

Retrieved on: 
星期二, 二月 13, 2024

Said Vik Grover, CEO: “I am thrilled Mr. Nahabedian has joined Himalaya to help us build a significantly larger organization.

Key Points: 
  • Said Vik Grover, CEO: “I am thrilled Mr. Nahabedian has joined Himalaya to help us build a significantly larger organization.
  • His vision, expertise, and network of contacts is a competitive advantage for our plans for the telehealth market.
  • With his help, Himalaya intends to capture meaningful share of the segment’s multi-billion dollar market.
  • I am very excited to bring HMLA into the telehealth market and create significant value for our shareholders.”