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Scratch another candidate supposedly on Microsoft's short list of possible replacements for Steve Ballmer.
Hans Vestberg is among several candidates under consideration to replace departing CEO Steve Ballmer, Bloomberg reports.
Formed in 2009, the joint partnership of STMicro and Ericsson was never profitable as top customer Nokia lost market share to Apple and Samsung.
Ericsson will open an "innovation lab" on the Facebook campus to help with the development of apps and services on mobile networks.
After months of searching, Microsoft's board is said to be close to naming Steve Ballmer's replacement. Bill Gates also may be out as chairman.
Hans Vestberg, CEO of telecom equipment maker Ericsson, took to the CES stage Wednesday and demonstrated a concept technology where the human body can be used to connect devices and transfer digital content.
All that time you spend doing stuff on your phone at the downtown mall is a network infrastructure problem that equipment providers like Ericsson want--and need--to solve.
The company's Mobility Report projects 85 percent of North American mobile subscriptions will be tied to an LTE network by 2019.
In its "Traffic and Market" report, Ericsson predicts that by 2017, 50 percent of the world will be covered by 4G.
The Connected Me concept is Ericsson's latest attempt to get away from the perception that it's merely a telecom-equipment supplier.