Ilex Insights

Global B2B TECH & TELECOMS NEWS (13/05/2024 - 17/05/2024)

Written by Ilex Community Manager | 17-May-2024 09:09:42

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

The stories cover Amazon, France, CityFibre, OpenAI, Anthropic, European Union, AT&T, Christie's Cyberattack, Cyber Insurance, Temu, EU Tech Regulators, AWS EU Cloud, Reddit, AI Voiceover Lawsuit

Here are our highlights:

monday_____________________________

Amazon to invest $1.3 bln in France, create 3,000 jobs

Amazon said on Monday it would invest more than 1.2 billion euros ($1.3 billion) in its French operations and create more than 3,000 permanent jobs in the country.

 

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

CityFibre Surpasses Milestone with Over 400,000 Clients Connected

In the first quarter of 2024, CityFibre, the UK's leading independent full fibre platform, made significant progress across financial, operational, and commercial areas.

Read the full story here: https://bit.ly/3UW4r1q

tuesday___________________________

OpenAI rival Anthropic launches AI assistant Claude in European Union

Claude, developed by start-up Anthropic, is an AI assistant that is able to perform tasks on behalf of users such as writing essays has been launched in the EU

Read the full story here: https://bit.ly/3V2Bv8k

AT&T loses key ruling in attempt to escape Carrier-of-Last-Resort obligation

AT&T's application to end its landline phone obligations in California is likely to be rejected following protest from residents worried about losing access to phone lines.

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

wednesday___________________________

Christie's £670m art auctions hit by cyber attack

Auction house Christie's attempts to sell art and other high-value items worth an estimated $840m (£670m) are being hampered by a cyber attack. Christie's said it had been targeted in a "technology security incident."But it said bids could still be placed over the phone and in-person. 

Read the full story here: https://bbc.in/3UDZs4l

Cyber insurance industry unites to bear down on ransom payments

Three major UK insurance associations have joined forces with the aim of toughening the sector’s approach to ransom payments in new guidance

Read the full story here: https://bit.ly/4bkApu2

thursday____________________________

Temu targeted in EU consumer group's complaint to EU tech regulator

Chinese fast-fashion e-commerce retailer Temu was hit with a European Union complaint on Thursday over a potential breach of online content rules by the PDD Group-owned business.                                   

Read the full story here: https://reut.rs/3K4YSYi

AWS European Sovereign Cloud gets €7.8 billion injection

AWS will invest €7.8 billion in the AWS European Sovereign Cloud through 2040. The first site is set to launch next year.

 Read the full story here: https://bit.ly/4aoS6rl

friday____________________________

Reddit shares jump after OpenAI ChatGPT deal

Shares in Reddit have jumped more than 10% after the firm said it had struck a partnership deal with artificial intelligence (AI) start-up OpenAI.

 

Read the full story here: https://bbc.in/3QOAj5Y

AI voiceover company stole voices of actors, New York lawsuit claims

Two voice actors sued artificial-intelligence startup Lovo accusing the company of illegally copying their voices and using them without permission

Read the full story here: https://reut.rs/4bz2ttG

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