Ilex Insights

Global B2B TECH & TELECOMS NEWS (15/07/2024 - 19/07/2024)

Written by Ilex Community Manager | 19-Jul-2024 10:55:44

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

The stories cover Google, AT&T hack, Deutsche Telekom AI solutions, Verizon, GSMA, UK Broadband, Samsung, Chips, Microsoft IT outage and Netflix 

Here are our highlights:

monday_____________________________

Google is reportedly planning its biggest startup acquisition ever

Google is considering spending $23 billion to buy Wiz, a cloud cybersecurity startup with partners that include Amazon and Oracle

Read the full story here: https://bit.ly/3zKWEM4

AT&T data on ‘nearly all’ wireless customers accessed in hack

'Nearly all' AT&T customers' data was obtained by hackers in one of the biggest data breaches in US history.

 

Read the full story here: https://bit.ly/3y8Xl0W

tuesday___________________________

Deutsche Telekom Unveils New AI-based SaaS Solution

Deutsche Telekom is offering a new software-as-a-service solution called 'Law Monitor'. The AI-based model supports corporate legal departments in quickly recognising changes to national and international laws.

 

Read the full story here: https://bit.ly/3zKwzN5

Record labels sue Verizon for not disconnecting pirates’ Internet service

Major record labels sued Verizon on Friday, alleging that the Internet service provider violated copyright law 

 

Read the full story here: https://bit.ly/3Y32YZa

wednesday___________________________

GSMA report highlights AI’s potential for Africa’s growth

Emerging applications could boost Africa's economic growth by US$2.9 trillion by 2030 according to AI4D Africa.

 

Read the full story here: https://bit.ly/4f6Pguy

UK broadband speeds fall further behind European neighbours

The average download speed in the UK is 110.99 Mbps, lagging Western Europe – which stands at 138.47 Mbps – by 27.48 Mbps.

Read the full story here: https://bit.ly/4cKg9Tv

thursday____________________________

Samsung agrees to acquire British startup Oxford Semantic for AI

Samsung Electronics said on Thursday it agreed to acquire Oxford Semantic Technologies

 

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

Chip stocks drop on fears US to toughen China rules

Technology stocks around the world have slumped on fears about the global computer chip industry. In the US, the tech-heavy Nasdaq index closed 2.7% lower.

 

 

 Read the full story here: https://bbc.in/468sdLO

friday____________________________

Mass IT outage affects airlines, media and banks

Major banks, media outlets and airlines - have reported suffering a mass IT outage.Many of those impacted have linked it to Microsoft PC operating systems.

 

Read the full story here: https://bbc.in/4f6sBhV

Netflix is kicking US subscribers off its cheapest ad-free plan

Netflix confirmed publicly for the first time that it “will now start” to phase out the ad-free Basic plan in the US and France. 

Read the full story here: https://bit.ly/3Sdkq9I

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