2024)

Written by Ilex Community Manager | 08-Mar-2024 10:50:57

This week's roundup looked at the top news stories from the Global B2B tech & telecoms industry.

The stories cover Bitcoin, Canada, LEAP 2024, Hyperspectral Satellites, BT, Spirent Acquisition, AI Election Images, Google AI Secrets, TikTok and SpaceX

Here are our highlights:

monday_____________________________

Bitcoin hits $60,000 - as all-time high nears

Bitcoin has hit $60,000 for the first time since November 2021 - putting the cryptocurrency in touching distance of a new record-high. In pound terms, Bitcoin is currently trading at about £47,800 - a new record would be set if the digital asset surpasses £53,000

Read the full story here: bit.ly/3TmUVnw

Canada to crack down on foreign investment in digital media sector

Canada will crack down on foreign investment in the interactive digital media sector to stop state-sponsored actors from endangering national security.

Read the full story here: reut.rs/3T4jFPO

TUEsday___________________________

LEAP24 to witness $11.9bn tech investment deals, says minister

Saudi Arabia’s international technology conference LEAP is set to witness $11.9 billion of investment deals over its duration — eclipsing last year’s figure of $9 billion

Read the full story here: bit.ly/3uTKEpn

Australian space startup Esper wants to build hyperspectral sats

Australian remote sensing startup Esper wants to capture hyperspectral imagery from space at a fraction of the price of its competitors.

Read the full story here: tcrn.ch/3wA5WIW

WEDNESday___________________________

BT wins £26m contract to connect UK schools

British incumbent BT has secured £26 million of government funding to provide hundreds of primary schools with gigabit broadband, as part of the UK government’s ‘Project Gigabit’ scheme.

Read the full story here: bit.ly/48Cpfig

Viavi to acquire Spirent as part of $1bn deal

Viavi Solutions and Spirent Communications have reached an agreement on the terms of a cash offer for Spirent for $1.277 billion The acquisition price values Spirent at approximately $1.277 billion (£1 billion).

Read the full story here: bit.ly/3P9bf8L

Thursday____________________________

OpenAI, Microsoft AI tools generate misleading election images, researchers say

Image creation tools powered by artificial intelligence from companies including OpenAI and Microsoft can be used to produce photos that could promote election or voting-related disinformation

Read the full story here: reut.rs/3Pczi6O

Ex-Google engineer charged with stealing AI secrets

A former Google software engineer has been charged by the US with stealing trade secrets about artificial intelligence (AI) while secretly working for two Chinese companies.

Read the full story here: bbc.in/3wJU0V8

Friday____________________________

US lawmakers vote 50-0 to force sale of TikTok despite angry calls from users

The House Commerce Committee today voted 50-0 to approve a bill that would force TikTok owner ByteDance to sell the company or lose access to the US market.

Read the full story here: bit.ly/48Fn2m8

SpaceX reveals next test flight for Mars-bound spacecraft

SpaceX has revealed the next test flight for its Mars-bound Starship spacecraft, the biggest and most powerful rocket ever built.

Read the full story here: bit.ly/48O7wnU

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