Ilex Insights

Global B2B TECH & TELECOMS NEWS (16/09/2024 - 20/09/2024)

Written by Ilex Community Manager | 20-Sep-2024 09:22:24

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

The stories cover Telesat, satellites, cyber security, Meta, PXC, Netomnia, Brsk, Microsoft, BlackRock, AI, Free, connectivity, 5G, AT&T, Vodacom, the cloud & Google.

Here are our highlights:

monday_____________________________

Telesat Secures $2.54B Funding from Canadian Gov for Lightspeed LEO Satellite Constellation

The Telesat network is expected to help governments modernize their satellite communications technology.

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

Boy arrested over London transport cyber hack

A 17-year-old boy has been arrested in connection with the cyber security incident affecting Transport for London (TfL), the National Crime Agency (NCA) said. The NCA said the teenager was arrested in Walsall, West Midlands, on 5 September, after the cyber attack began four days earlier.

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

tuesday___________________________

Facebook owner bans Russian state media networks

Facebook owner Meta says it is banning several Russian state media networks, alleging they use deceptive tactics to carry out influence operations and evade detection on its platforms.

Read the full story here: https://bbc.in/47LaAmd

PXC expands fibre network reach in partnership with Netomnia & Brsk

Discussions surrounding the proposed agreement between the three companies are in the advanced stages.
If finalised, Netomnia and Brsk intend to onboard their first customer via the PXC platform by February 2025.

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

wednesday___________________________

Microsoft, BlackRock to launch $30 billion fund for AI infrastructure

BlackRock and Microsoft plan to launch a more than $30 billion fund to invest in artificial intelligence infrastructure to build data centers and energy projects, the companies said on Tuesday. 

Read the full story here: https://reut.rs/4gpRp53

Instagram boosts privacy and parental control on teen accounts

Instagram is overhauling the way it works for teenagers, promising more "built-in protections" for young people and added controls and reassurance for parents.

Read the full story here: https://bbc.in/4etB3Xi

thursday____________________________

Free Becomes France's First Telco to Offer Nationwide 5G Connectivity

Having deployed France’s largest 5G network by number of base stations, Free has announced that it has become the country’s first telco to offer 5G 3.5 GHz SA on its public network on a national scale.

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

AT&T agrees $13 million fine for 2023 data breach

AT&T has agreed to pay US$13 million to resolve an investigation over a data breach of a cloud vendor in January 2023.The breach impacted 8.9 million AT&T wireless customers according to a statement from the Federal Communications Commission (FCC).

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

friday____________________________

Vodacom South Africa launches $14 cloud-based smartphone

Vodacom South Africa is offering a type of souped-up feature phone powered by the cloud, which allows for some smartphone functionality in a device selling for US$13.93.

 Read the full story here: https://bit.ly/4e6Ggoc
 

Google scores rare legal win as 1.49bn euro fine scrapped

Google has won its challenge against a €1.49bn (£1.26bn) fine from the EU for blocking rival online search advertisers. Europe's second-top court ruled the European Commission "committed errors in its assessment".

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

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