Hong Lu, the Company's current Chief Executive Officer and a director of the Company, also agreed to settle with the SEC without admitting or denying the allegations in the SEC's complaint, by paying a civil penalty of $100,000 and consenting to a permanent injunction on similar terms as the Company. Mr. Lu's settlement is subject to a final judgment by a United States District Court.
Lu and UTStarcom Inc. (Nasdaq: UTSI) don't have to admit guilt related to their recent investigation. And having a public company CEO that is told to pay a six-figure sum to a government agency doesn't sound guilty at all, does it?
Our series on the state of the SD-WAN market continues with a discussion on what's holding back some companies in the space and how standards and new technologies are advancing the cause of SD-WAN.
Jio's competitive market, fast growth and expanding customer base present some interesting machine learning and analytics challenges for Guavus, its newly announced analytics partner.
It's going to take some televisionary moves for pay-TV providers and big studio owners like AT&T to sort out what consumers want, how to package it and what to call it.
Machine learning is primed to help service providers run more efficient and effective networks, but first the good ideas have to make their way from the lab to the real world – and that's a big challenge, according to the University of Chicago's Nick Feamster.
Light Reading's editors discuss Dish Network, its pioneering past, a few hilarious missteps and why the company seems just as likely as anyone to be the next big player in 5G networks.
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