Ilex Insights

Global B2B TECH & TELECOMS NEWS (01/07/2024 - 05/07/2024)

Written by Ilex Community Manager | 05-Jul-2024 10:33:27

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

The stories cover Monzo, Electric cars, Nvidia, Telecom Italia, KKR, Nokia, stc, U.S stock market, Virgin Media O2, Vodafone, Exa Infrastructure, Starlink and Open AI

Here are our highlights:

monday_____________________________

Monzo launches tools to tackle phone thieves raiding savings

Monzo has unveiled new app-based features to protect people’s savings if their mobile phone is stolen. 

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

Electric car battery charges in under five minutes in track test

An electric car battery developed by Nyobolt has successfully charged from 10% to 80% in four minutes and 37 seconds 

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

tuesday___________________________

Nvidia set to face French antitrust charges

Nvidia is set to be charged by the French antitrust regulator for allegedly anti-competitive practices, making it the first enforcer to act against the computer chip maker

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

Telecom Italia Completes Sale of NetCo to KKR for €22 billion

TIM has now confirmed the completion of the sale of NetCo to Kohlberg Kravis Roberts & Co. L.P. ("KKR"), via the transfer to FiberCop. 

Read the full story here: https://bit.ly/4buM5to

wednesday___________________________

Nokia, stc optimise network with AI-powered SON solution in Saudi

Nokia has deployed MantaRay Cognitive SON, its AI-powered self-organising networks solution in stc Group’s commercial network 

Read the full story here: https://nokia.ly/3xWoNPo

Echoes of dotcom bubble haunt AI-driven US stock market

A U.S. stock rally charged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago

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

thursday____________________________

Virgin media O2 buys spectrum from Vodafone/Three

Virgin Media O2 and Vodafone have brokered a new network sharing deal that will also see the former acquire spectrum from a merged Vodafone/Three. 

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

 

exa signs SOCAR Fiber deal for Red Sea route diversity

Exa Infrastructure has signed a partnership with SOCAR Fiber to develop a new terrestrial fibre optic route. The new 1,850km route will provide connectivity in the Gulf region

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

friday____________________________

Starlink ready for T-Mobile US launch with 100 direct-to-cell satellites

SpaceX has launched over 100 direct-to-cell satellites, marking a significant milestone in its partnership with T-Mobile US

Read the full story here: https://bit.ly/3WdJa4g

OpenAI's internal AI details stolen in 2023 breach

A hacker gained access to the internal messaging systems at OpenAI last year and stole details about the design of the company's artificial intelligence technologies

Read the full story here: https://reut.rs/45VouBi

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