This week's roundup looked at the top news stories from the Global B2B tech & telecoms industry.
The stories cover Cybersecurity funding, Samsung's Profit Jump, Microsoft's London AI Hub, VVDN Smart IoT Cloud Platform, TikTok, EU New Tech Laws, India's Global Tech Revenue, Orange, Google's Subsea Cables, UK Government Watchdog and Big Tech AI
Here are our highlights:
monday_____________________________
Cybersecurity Firms Raised $2.3 Billion in Q1 2024: Report
Cybersecurity companies raised $2.3 billion in funding in the first quarter of 2024, according to cybersecurity recruitment firm Pinpoint Search Group.
Read the full story here: bit.ly/3vMmVb1
Samsung: Tech giant sees profits jump by more than 900%
Samsung Electronics says it expects its profits for the first three months of 2024 to jump more than 10-fold compared to a year earlier.
Read the full story here: bbc.in/3U8OFjp
tuesday___________________________
Microsoft to launch AI hub in London
Microsoft has announced plans for a new artificial intelligence (AI) hub in London, focused on product development and research. The unit will be led by Mustafa Suleyman, the London-born cofounder of Google DeepMind.
Read the full story here: reut.rs/3vJWaE6
VvDN's Smart IoT Platform Goes LIVE on Google Cloud Marketplace
VVDN Technologies has announced the successful launch of its Smart IoT Cloud Platform, Intelligent Cloud Engine (ICE), on Google Cloud Marketplace.
Read the full story here: bit.ly/4aipqRr
wednesday___________________________
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TikTok to take on Instagram with photo app
TikTok is to take on social media rival, Instagram, by launching a photo-sharing app.The company said it was working on a "dedicated space" for images and text.It is the latest example of social media firms imitating each others' products - including Instagram launching Reels.
Read the full story here: bbc.in/3UcKgMy
EU's new tech laws are working - small browsers gain market share
Independent browser companies in the European Union are seeing a spike in users in the first month after EU legislation made it easier for users to switch to rivals.
Read the full story here: reut.rs/4cNg2a1
thursday____________________________
India leads global tech sector with $ 254 billion revenue in FY24
A recently released report by Deloitte found that India will emerge as a key player in spatial computing, the industrial metaverse, cloud computing, and GenAI.
Read the full story here: bit.ly/4cPLPXY
Orange signs new Google Cloud deal to boost its AI clout
Google Cloud and Orange will deploy artificial intelligence, including gen AI, closer to Orange's and its customers'.
Read the full story here: bit.ly/4aS2urV
friday____________________________
Google plans two new subsea cables from US to Japan
Google has announced a $1billion investment to expand its Central Pacific Connect Initiative, which includes delivering two new subsea cables, Proa and Taihei.
Read the full story here: bit.ly/3xAjTHx
UK competition watchdog has 'real concerns' over big tech AI dominance
Big tech's dominance of the rapidly developing artificial intelligence (AI) market is a matter of "real concern", the competition regulator has warned.
Read the full story here: bbc.in/43SchMF
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