Ilex Insights

Global B2B TECH & TELECOMS NEWS (29/07/2024 - 02/08/2024)

Written by Ilex Community Manager | 02-Aug-2024 09:32:49

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

The stories cover Tesla, Samsung, Rich Communication Services, Microsoft, Ransomware, French telecoms, Ferrari, Crypto, AirTrunk AI data centre, Shipping cyberattacks, CrowdStrike and ...

Here are our highlights:

monday_____________________________

Elon Musk is asking Tesla investors to help him with xAI

CEO Elon Musk and the board of the electric vehicle company will discuss making a $5 billion investment in his artificial intelligence startup xAI, fuelling concerns about a conflict of interest.

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

Samsung ditches its stock Messages app to boost RCS adoption

To accelerate the adoption of Rich Communication Services (RCS), Samsung has decided to drop its stock messaging app in favour of Google Messages on some of its latest devices.

Read the full story here: https://bit.ly/3A1AC7P

tuesday___________________________

Hackers exploit VMware vulnerability that gives them hypervisor admin

Microsoft is urging users of VMware’s ESXi hypervisor to take immediate action to ward off ongoing attacks by ransomware groups that give them full administrative control of the servers the product runs on.

Read the full story here: https://bit.ly/3ylFF2q

France hit by coordinated attacks on telecom infrastructure

France has been targeted by a new wave of sabotage attacks, this time focusing on telecom operators. The incidents occurred on Sunday night and have affected fibre optic networks across six regions of the country.

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

wednesday___________________________

Ferrari Broadens Acceptance of Crypto Into Europe

The iconic Italian luxury automaker Ferrari has announced that it will expand its cryptocurrency payment system to its European dealer network.This follows the successful launch of the crypto payment option in the US less than a year ago.

Read the full story here: https://bit.ly/4frP891

AirTrunk unveils flagship AI ready data centre in Malaysia

AirTrunk has officially commenced operations in Malaysia. The first phases of JHB1 will offer over 50MW of capacity, serving major technology customers. The AI ready data centre spans over 10.3 hectares in Johor Bahru.

Read the full story here: https://bit.ly/46pT46f

thursday____________________________

Cyber attacks on shipping see rapid growth in numbers

The shipping industry is facing rising cyber attacks, targeting IT infrastructure and money ransom schemes. State-backed hackers from a small group of countries are responsible for the bulk of the cyber attacks.

Read the full story here: https://bit.ly/4d2ZESI

CrowdStrike sued by shareholders over global outage

CrowdStrike is being sued by shareholders after a faulty software update by the cybersecurity firm crashed more than eight million computers and caused chaos around the world.

Read the full story here: https://bbc.in/3Yy98B3

friday____________________________

Intel to lay off 15,000 employees

Intel announced it would layoff more than 15% of its staff, or 15,000 employees, in a memo to employees. The massive headcount is part of a large plan to reduce spending by $10 billion in 2025, following a dismal second quarter earnings report and outlook.

 

Read the full story here: https://bit.ly/46y9c5t

Turkey blocks access to Instagram platform but gives no reason

Turkey has blocked access to social media platform Instagram without stating a reason or duration for the ban, which also left the platform's mobile app inaccessible. 

 

Read the full story here: https://bit.ly/4ca96lX

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