Ilex Insights

B2B TECH & TELECOMS NEWS (03/05/2022 - 06/05/2022)

Written by Ilex Community Manager | 06-May-2022 08:58:33

In this week's roundup, we looked at the top news stories from the B2B tech & telecoms industry. The stories cover topics including: 5G, Drones, Social Media, Cloud, Cyber Security, Business Investments and Crypto Currencies. 

Here are our highlights:

 

Tuesday:

 

 Enabling 5G at sea

With the continuous evolution of 5G technologies, ZTE and China Mobile Fujian Branch have recently jointly built a TDD+FDD two-layer three-dimensional continuous coverage network to help the marine economy set sail.

 

Read the full story here: https://bit.ly/3LHl4qD

 

Snapchat's flying selfie drone

A flying camera is the latest release from Snap, the company best known for its photo-sharing app Snapchat.

The little yellow drone, called Pixy, is described by the company as a "free-flying sidekick" which can help people take selfies without a selfie stick.

Read the full story here: https://bbc.in/38K3wvs

 

Wednesday:

BT signs five-year agreement with AWS as preferred cloud provider

BT’s Digital unit has signed an agreement with Amazon Web Services (AWS) as part of its drive to transform legacy infrastructure and internal applications to a new cloud-first architecture.

 

Read the full story here: https://bit.ly/3KHkhoq

 

Musk says Twitter may see 'slight cost' for businesses and governments

Business and government users on Twitter may need to pay a "slight" fee to stay on the social media platform, Tesla boss Elon Musk has said.

Read the full story here: https://bbc.in/3FbL3Ep 

 

Thursday:

Cyber-security chiefs warn of malicious app risk

A new report by the UK's National Cyber Security Centre (NCSC) has warned of the threats posed by malicious apps.

The government is consulting on new guidelines on security and privacy for apps and app stores.

 

Read the full story here: https://bbc.in/3FovTeN

 

Uber loses $5.9bn as Asia investment values fall

Ride-hailing and delivery group Uber has made a $5.9bn (£4.7bn) loss, mostly due to its stakes in other companies.

The firm said almost all of the loss was a result of the fall in the value of investments in businesses including two Asian ride-hailing giants - China's Didi and South East Asia's Grab.

 

Read the full story here: https://bbc.in/3sgAvyB

Friday:

Elon Musk lines up $7bn backing for Twitter deaL

Billionaire Elon Musk has lined up 19 new investors to help with his $44bn (£35.5bn) purchase of Twitter.

The commitments, totalling $7.1bn, will allow Mr Musk to reduce his own risk in the deal which has been approved by Twitter's board but not completed.

Oracle co-founder and Mr Musk's friend, Larry Ellison, is the single biggest contributor with $1bn.

Read the full story here: https://bbc.in/3MVLNQx

 

Gucci stores to accept crypto currencies in US

Italian luxury brand Gucci will start accepting payments in cryptocurrencies in some of its stores in America.

Customers will be able to pay using a number of cryptocurrencies, including Bitcoin, Ethereum and Litecoin.

Read the full story here: https://bbc.in/387hCqR