This week's roundup looked at the top news stories from the Global B2B tech & telecoms industry.
The stories cover Apple, Globalstar, Satellites, NHS, iPhones, 5G, Fraud, Nokia, VMO2, Microsoft, CoreWeave, Digital Currency, Netflix, Social Media, IP Addresses, Meta and AI.
Here are our highlights:
monday_____________________________
Apple takes 20 percent stake in Globalstar, commits $1.1bn for iPhone satellite services
It will give Globalstar $1.1 billion in cash to expand iPhone satellite services. The deal is expected to close on Tuesday.
Read the full story here: https://bit.ly/3NQ71lk
NHS pilots new iPhone adapter to check patients for throat cancer
Officials hope the new gadget and app will allow thousands of patients to be given the all-clear from the disease much faster – while also helping to detect cases early.
Read the full story here: https://bit.ly/3NUdFqW
Nokia, Taiwan Mobile Extend Partnership with 5G Network Upgrade Deal
Nokia has signed a one-year 5G contract extension with Taiwan Mobile to boost the performance and capacity of Taiwan Mobile’s 5G network as well as upgrade its 4G/LTE network.
Read the full story here: https://bit.ly/3NYGRNa
VMO2 calls for a dedicated fraud minister
Read the full story here: https://bit.ly/40AHQe6
Microsoft to invest $10bn in CoreWeave by end of decade
According to a report from The Information, CoreWeave told investors that it had recently signed a contract with Microsoft that would see the tech giant use CoreWeave’s data centers to run AI models.
Read the full story here: https://bit.ly/4hySAzL
Pakistan moves to recognise digital currency
The State Bank of Pakistan (SBP) has proposed a significant framework to recognise digital assets, including cryptocurrency, as legal currency in Pakistan. The plan includes allowing digital currencies, such as Bitcoin, to gain legal tender status, and suggests the SBP could issue its own central bank digital currency (CBDC).
Read the full story here: https://bit.ly/48KGbVp
thursday____________________________
NETFLIX INVESTIGATED FOR tax fraud, offices in France and Netherlands raided
Investigators searched the offices of U.S streaming giant Netflix in France and the Netherlands on Tuesday as part of a preliminary investigation into tax fraud laundering, a French judicial source said.
Read the full story here: https://reut.rs/3UG64jA
Australia plans social media ban for under-16s
Australia's government says it will introduce "world-leading" legislation to ban children under 16 from social media. Prime Minister Anthony Albanese said the proposed laws, to be tabled in parliament next week, were aimed at mitigating the "harm" social media was inflicting on Australian children.
Read the full story here: https://bbc.in/3YUJfLd
friday____________________________
Law enforcement operation takes down 22,000 malicious IP addresses
A coalition of police agencies has taken a major whack at criminals accused of running a host of online scams.
Meta makes Llama AI models available to US gov, defence agencies
Nick Clegg, president of global affairs suggesting large language models like its Llama series “can support many aspects of America’s safety and national security.”
Read the full story here: https://bit.ly/48DAV61
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