i3 - July/August 2019 - 12
Tech
By Jeremy Snow
I N T E R N AT I O N A L FO C US
Stockholm telecom company
Ericsson recently hit a fouryear high in profits and expects
the number to continue rising,
according to Reuters. Known
for leading the world in broadband and internet telecom
equipment, Ericsson's shares
rose more than 3%, beating
expectations for a fifth straight
quarter. Its gains are due to
North America's high demand
for 5G equipment.
Celebrating
Gender
Equality in
Sweden
Stockholm Startup
Creates Market for
Surplus Food
Karma is an app eliminating the
1.3 tons of perfectly-edible food
wasted per year. The Stockholmbased app connects people,
restaurants and grocery stores
to each other, allowing members to buy and sell extra produce at half the normal price.
The startup has already
"rescued" 350
tons of food.
SELF-DRIVING BUS
LAUNCHES NEXT YEAR
Transportation companies Scania and Nobina
are developing two full-length self-driving buses
for Stockholm set to launch next year, according
to The Local, an online Swedish news site. The
two electric-powered vehicles will cover a five km
route through the Swedish city while being monitored by a backup driver. If accomplished, it will
make Sweden the first country in Europe to have
self-driving buses on its public roads.
Stockholm's businesses
have continued working
towards gender equality, with 100 businesses
committing an equality
initiative known as "A
Woman's Place."
According to Invest
Stockholm, companies
who pledge agree to
make workplaces free
from discrimination,
close the pay gap
between genders and
work towards making
the office inclusive for
all. In CTA's 2019
International Scorecard,
Sweden's work was recognized - the report
gave the country an Afor Diversity and an A+
for Freedom.
Amazon Eyes Stockholm
Not only did Amazon Web Services (AWS), the massive cloud computing provider, launch a new data center in Stockholm late last year, Forbes reported they
bought three plots of land across Sweden around the same time. Stockholm
marks the fifth AWS center in Europe. Amazon also plans to build eight buildings
across the land it bought to develop warehouses, Forbes predicts.
12
JULY/AUGUST 2019
I T I S I N N O VAT I O N
Clockwise from op left: Courtesy of Ericsson, Peter Hermes Furian/Alamy, Courtesy of Scania and Nobina, Guilherme Stecanella/Unsplash, Courtesy of Amazon, Courtesy of Karma.
5G Boom
Leads to
Soaring
Ericsson Profits
STOCKHOLM,
SWEDEN
i3 - July/August 2019
Table of Contents for the Digital Edition of i3 - July/August 2019
Contents
i3 - July/August 2019 - Cover1
i3 - July/August 2019 - Cover2
i3 - July/August 2019 - Contents
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