Ilex Insights

Global B2B TECH & TELECOMS NEWS (12/08/2024 - 16/08/2024)

Written by Ilex Community Manager | 16-Aug-2024 09:17:18

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

The stories cover Bharti, Verizon, China Tower, Connectivity,  Zeekr, EV, General Motors, T-Mobile, Data Protection, Huawei, AI, Starlink and Cybersecurity 

Here are our highlights:

monday_____________________________

Bharti will become BT’s biggest shareholder

Bharti will become BT's biggest shareholder after buying a 25%, $4B stake from Altice. Bharti said in a statement that it would buy 9.99% immediately, and would acquire the remainder after regulatory clearance.

 

Read the full story here: https://tcrn.ch/3ypGfwh

Verizon banks on AI to help it reduce outages

Verizon is using AI and machine learning (AI/ML) in an effort to lower the chances of someone unwittingly cutting through one of its cables. Verizon's new programme scans these records to identify high-risk excavations. It has potential to reduce "up to several hundred fibre cuts" on an annual basis.

Read the full story here: https://bit.ly/3AsD4V0

tuesday___________________________

China Tower secures IoT monitoring agreements

China Tower, a leading telecoms infrastructure service provider in China, has renewed multi-year framework agreements with two major players in the market: China Telecom and China Unicom. 

 

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

UK Gov to Invest £800M in Connecting 300K+ Homes

The UK Government has announced up to £800 million in government investment will be made available to modernise broadband infrastructure in rural areas of England, Scotland and Wales. The deal will provide access to gigabit broadband to around 312,000 homes and businesses across Great Britain. 

Read the full story here: https://bit.ly/3M1ow1h 

wednesday___________________________

China firm claims world's fastest-charging EV battery

Chinese car maker Zeekr says its new electric vehicle (EV) batteries charge faster than any of its rivals.The firm claims its upgraded batteries can be charged from 10% to 80% capacity in 10 and a half minutes

Read the full story here: https://bbc.in/4dH4GE7

General Motors accused of selling data to insurers

The data was allegedly used to create "driving scores" to determine whether more than 1.8 million Texas drivers engaged in "bad" habits. The data-collecting technology was allegedly installed on most GM vehicles starting with the 2015 model year. It is not clear whether the data was used to increase insurance premiums.

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

thursday____________________________


T-Mobile US fined $60 million on data protection violations

According to the Committee on Foreign Investment in the United States, T-Mobile US allowed unauthorised access to sensitive data between August 2020 and June 2021. 

Read the full story here: https://bit.ly/3STSh7V

Huawei is reportedly set to release new AI chip to challenge Nvidia

Chinese technology giant Huawei is set to challenge Nvidia with a new artificial intelligence chip amid U.S. sanctions that had sought to curb the Chinese tech giant’s technological progress.

Read the full story here: https://cnb.cx/3M44Zgy

friday____________________________

AT&T and Verizon ask FCC to throw a wrench into Starlink’s mobile plan

Both companies are urging telecom regulators to reject a key part of SpaceX's plan to offer cellular service, claiming the satellite system will degrade service for terrestrial mobile broadband networks.

Read the full story here: https://bit.ly/3X5nE1K


DDoS attacks surge 106% in first half of 2024, Zayo report warns

This surge in attacks highlights the urgent need for businesses to bolster their cybersecurity defences as artificial intelligence (AI) continues to amplify the scale and sophistication of these threats.

Read the full story here: https://bit.ly/3SQTJI8

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