Ilex Insights

Global B2B TECH & TELECOMS NEWS (04/12/2023 - 08/12/2023)

Written by Ilex Community Manager | 08-Dec-2023 11:27:07

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

The stories cover Mobile Networks, Spotify, Climate Tech, AI, Verizon, 5G, Sony, Apple and Mobile Contracts.

Here are our highlights:

Monday _____________________________

Three network down for tens of thousands across UK

Tens of thousands of Three mobile customers in the UK have reported they cannot get signal on their phones. 20,000 people reported their mobile service was affected.

 Read the full story here: https://bit.ly/4a4vs8n 

Spotify to axe 1,500 workers to cut costs

Swedish music-streaming giant Spotify has announced it is cutting 17% of its workforce, about 1,500 jobs, as the company seeks to clamp down on costs. Chief executive Daniel Ek said he had made the "difficult" decision with economic growth slowing "dramatically".

Read the full story here: https://bit.ly/3R3gB5H 

Tuesday_____________________________

UK built world climate tech attracts $1.1bn from VCs

UK venture capital firms invested $1.1bn (£872m) in early-stage built world climate tech in 2023 according to new data. The UK is behind only the US and Germany for early-stage built world climate tech investment, which attracted $5.6bn and $1.4bn respectively.                             

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

79% of top marketing executives report boost in ROI using AI tools

BrightBid, the ad tech platform for Google Search, has revealed that the majority (84%) of marketing leaders are already leveraging AI tools in their digital advertising.

Read the full story here: https://bit.ly/49XXBhG 

Wednesday___________________________

Verizon Awarded $15 Million Contract to Provide Voice and Data to US Navy

Verizon Public Sector has been awarded a $15 million task order with the USA's Navy Morale, Welfare, and Recreation through the government's contract vehicle.

Read the full story here: https://bit.ly/3uM3a2y 

Rapper Bad Bunny lashes out over VIRAL AI copycat hits

Puerto Rican rapper and singer Bad Bunny's voice quickly went viral last month. However, the songs circulating did not belong to him.

Read the full story here: https://bit.ly/418oRG2 

Thursday____________________________

85% of the World to Have 5G Connectivity by 2029

Ericsson released yesterday the November 2023 edition of the Ericsson Mobility Report, which confirms that enhanced mobile broadband, fixed wireless access, gaming and AR/VR/-based services as the most common early consumer use cases for 5G.                                            

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

Sony debuts first PS5 controller for disabled gamers

Sony has teamed up with accessibility experts to release a PlayStation 5 controller for disabled gamers. The Access Controller is a "highly customisable kit" of different buttons, triggers and sticks that lets players create a set-up.       Read the full story here: https://bit.ly/46S2IwW 

FRIday____________________________

Apple Report Finds 2.6B Personal Records Exposed by Data Breaches

Apple released the findings of a  study conducted by Massachusetts Institute of Technology professor Stuart Madnick, reporting that the total number of data breaches in the world tripled between 2013 and 2022.                        Read the full story here: https://bit.ly/3NkOE8h 

UK's largest mobile firms sued for £3bn - amid claims they overcharged loyal customers

Many contracts involve gradually repaying the cost of a smartphone over a two or three-year period - but it is alleged that, when the device was paid off, firms failed to reduce the monthly bill for millions of consumers.                              Read the full story here: https://bit.ly/3NjE8xZ 

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