2024)

Written by Ilex Community Manager | 26-Jul-2024 09:18:41

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

The stories cover CrowdStrike, STC, British Telecom, Wiz, MasOrange, Vodafone, Google, Gcore, Digital payments, Amazon computer chips, Reddit and Search engines

Here are our highlights:

monday_____________________________

'Significant number' of devices back up - CrowdStrike

CrowdStrike says "a significant number" of devices that were impacted by a global IT outage on Friday are now back online.

Read the full story here: https://bbc.in/4deP8rf

STC Kuwait to Provide 500k Smart Electricity Meters

stc has signed a strategic partnership with the Ministry of Electricity, Water and Renewable Energy (MEW) for the supply of Smart Electricity Meters in Kuwait. The project aligns with its vision to enable digital transformation in Kuwait and supports Kuwait’s 2035 vision.

Read the full story here: https://bit.ly/3SjsUw9

tuesday___________________________

BT slapped with £17.5 million fine for 999 outage

Ofcom has fined BT £17.5 million for a network fault that caused a serious failure in emergency services call handling last summer. Ofcom said it discovered that BT did not have sufficient warning systems, nor did it have adequate procedures for assessing the severity, impact and cause.

Read the full story here: https://bit.ly/4d2J5GA

Cybersecurity firm Wiz calls off $23 billion deal with Google

Israeli cybersecurity startup Wiz has ended talks with Google.Wiz will now focus on an initial public offering, as it had planned earlier. Neither company officially acknowledge talks about the deal.

Read the full story here: https://reut.rs/3yipR0c

wednesday___________________________

MasOrange and Vodafone to create €10 billion fibre company

MasOrange and Vodafone are working on the creation of a fibre networks company that could have a valuation of as much as €10bn. MasOrange will contribute FTTH connections to around 9 million homes

Read the full story here: https://bit.ly/4bV2M1C

Google U-turn over long-running plan to ditch cookies

In a surprise move Google has abandoned a plan it first announced four years ago to block third-party cookies from Chrome Google says it will instead, external pursue a new approach which will give users an “informed choice."

Read the full story here: https://bbc.in/4bRZ09f

thursday____________________________

Gcore Secures $60 Million Funding to Drive AI Innovation & expansion

Gcore announced that it has raised $60 million in series A funding.The investment was led by Wargamin, with participation from Constructor Capital and Han River Partners.

Read the full story here: https://bit.ly/4flDnRp

Payments using digital wallets surge in Britain

1 in 3 Britons made contactless payments using their phone each month in 2023. The use of cash fell as consumers continued to turn away from using it as a way of spending towards popular digital wallet services such as Apple Pay and Google Pay.

Read the full story here: https://bit.ly/3Srp4RI

friday____________________________

Amazon racing to develop AI chips cheaper, faster than Nvidia's

Amazon is developing its own processors to limit its reliance on costly Nvidia chips. Through its chips, Amazon wants to help customers compute complex calculations and process enormous amounts of data more cheaply.

Read the full story here: https://reut.rs/3SnGu1B

Non-Google search engines blocked from showing recent Reddit results

Recent discussions on Reddit are no longer showing up in non-Google search engine results. The absence is the result of updates to Reddit’s Content Policy that ban crawling its site without agreeing to Reddit’s rules

Read the full story here: https://bit.ly/4c2BkPg

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