This week's roundup looked at the top news stories from the Global B2B tech & telecoms industry. The stories cover topics including: Networks, Social Media, 4G, Data Centres, Gadgets, Fibre and IoT.
Here are our highlights:
Monday _____________________________
Samsung profits plunge as demand for gadgets slows
Samsung expects its profits for the last three months of 2022 to fall by 69% to the lowest level in eight years. The world's biggest maker of memory chips, smartphones and TVs forecast its operating profit for the period fell to around 4.3tn won ($3.4bn; £2.8bn). It comes as the global economic slowdown hits memory chip prices and demand for electronic gadgets.
Read the full story here: https://bbc.in/3IzdP5j
WhatsApp to enable messaging in internet blackouts
Instant-messaging service WhatsApp lets users connect via proxy servers to stay online if the internet is blocked or disrupted by shutdowns. The technology giant, owned by Meta, said it hoped blackouts such as those in Iran "never occur" again.
Read the full story here: https://bbc.in/3VUepxF
Tuesday_____________________________
YouTube star Logan Paul apologises for CryptoZoo project failure
YouTuber Logan Paul has apologised to fans who lost money after investing in his cryptocurrency game, CryptoZoo. The 27-year-old encouraged people to buy cryptocurrency collectables for what he called a "really fun game that makes you money". But more than a year after its launch, no game has materialised, and Paul has apparently abandoned the project.
Read the full story here: https://bbc.in/3ZAIx4m
Almost 90% of games sold in the UK in 2022 were digital - ERA
Digital sales accounted for almost nine out of every 10 video games sold in the UK in 2022, according to a trade body. The digital entertainment and retail association (ERA) said 89.5% of games sold had been digital downloads, and the remaining 10.5% were actual physical copies.
Read the full story here: https://bbc.in/3ICSDM0
Wednesday___________________________
Microsoft acquires Fungible to bolster data centre innovation
Microsoft confirms the acquisition of Fungible, a provider of composable infrastructure aimed at accelerating networking and storage performance in data centres. Fungible delivers high-efficiency, low-power data processing units (DPUs), enabling large-scale, high-performance, scalable, disaggregated data centre infrastructure.
Read the full story here: https://bit.ly/3GXHunE
eSIM market to reach $16bn in 2027
According to a study from Juniper Research, the global eSIM market will increase from US$4.7 billion in 2023 to US$16.3 billion by 2027. The market is set to be driven by the adoption of eSIM-enabled consumer devices, as seen in Apple’s recent release of the eSIM-only iPhone 14. eSIMs are embedded within devices, allowing them and sensors to switch between network operator profiles seamlessly.
Read the full story here: https://bit.ly/3XpCTjl
BT Unveils New Digital Tools to Help Multinationals Measure & Optimise Carbon Impact
BT announced new digital tools to help multinational customers measure and optimise the carbon impact of running applications. While the Carbon Network Dashboard gives a real-time view of power consumption, the Digital Carbon Calculator helps customers estimate their network’s carbon footprint.
Read the full story here: https://bit.ly/3QvFBBS
Verne Global hires CFO and COO from Liquid and JPMorgan Chase
Mike Allen joins from JPMorgan Chase, where he was global head of data centre services. Hennessy will manage the finances of Verne Global’s expanding data centre portfolio, having spent the last 15 years working for Liquid Intelligent Technologies as both CFO and chief of mergers and acquisitions, where she raised funding for and operated fibre networks and data centres across Africa.
Read the full story here: https://bit.ly/3II8h8F
Friday______________________________
Ericsson adds private network solution via Cradlepoint
Ericsson is making a significant expansion to its private network portfolio with the addition of a new IT-focused offering from its subsidiary Cradlepoint. NetCloud Private Networks is a complete subscription-based offering with an initial focus on traditionally lean IT-oriented enterprises including the logistics, light manufacturing, government, large retail, healthcare and hospitality sectors.
Read the full story here: https://bit.ly/3CH7mBG
Apple boss Tim Cook asks for 40% pay cut after investor backlash
Apple chief executive Tim Cook is to take a pay cut of more than 40% after shareholders turned on the size of his awards last year. The company said he requested the move after fewer than two-thirds of Apple investors supported his pay package at the tech firm's annual meeting in 2022.
Read the full story here: https://bit.ly/3H3mBYr
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