This week's roundup looked at the top news stories from the Global B2B tech & telecoms industry. The stories cover Ericsson, 5G, Twitter, Tesla, Shares, GLF, China Chip, Satellites, Drones and AI.Here are our highlights:
Monday _____________________________
Ericsson says: ‘Yes, we lied,’ and pays new $206m fine
Ericsson lied to US authorities when it tried to settle a corruption case in 2019 and has paid a further fine of more than US$206 million. The earlier fine, for corrupt practices in China, Djibouti, Egypt, Kuwait and Vietnam, was of $1,060,570,432. Now it has to pay an extra $206,728,848.
Read the full story here: https://bit.ly/3YtPTVf
e& launches 5G standalone network in MENA
etisalat by e& confirms the first commercial deployment of its 5G standalone (SA) network in the Middle East and North Africa (MENA). etisalat by e& first launched 5G Non-Standalone (NSA) commercially in 2018. With this deployment, etisalat by e& has transitioned from using a 5G radio access network on an existing 4G LTE network to a more advanced 5G network.
Read the full story here: https://bit.ly/41Zopdo
Tuesday_____________________________
Twitter has tech issues for second time in week
Twitter has experienced major problems with posting some images and links - the second time in a week it has suffered technical issues. Clicking on links in posts resulted in users receiving an error message. Twitter said some parts of the service were not "working as expected" and blamed an internal change that "had some unintended consequences".
Read the full story here: https://bbc.in/3J32pFU
Elon Musk's Tesla cuts prices again as tries to boost sales
Tesla has cut prices for its electric cars - again - as it tries to boost sales and compete with rival firms. The reductions - worth several thousand pounds, depending on the market and model - have been applied to cars listed for sale on the company's website in the UK, US and elsewhere.
Read the full story: https://bbc.in/3ZsU1GD
Wednesday___________________________
Egyptian govt looks to sell 10% stake in Telecom Egypt
The shares will reportedly be made available to both foreign and domestic investors. This week, sources speaking to Reuters report that the government is looking to offload a 10% of its 80% stake national network operator Telecom Egypt. At its currently share price, this stake would be worth around $150 million.
Read the full story here: https://bit.ly/41VJDZG
The GLF backs industry talent with the launch of the GLF Accelerator
The ITW Global Leaders’ Forum (GLF) has launched the GLF Accelerator, an executive leadership programme to support the next generation of C-Leaders in international communications.
Read the full story here: https://bit.ly/3ym3dAE
US-China chip war: Netherlands moves to restrict some exports
The Dutch government says it will put restrictions on the country's "most advanced" chip exports to protect its national security, following a similar move by the US.
Read the full story here: https://bbc.in/3ZxRNpp
Orange picks OneWeb to offer remote backhaul and wholesale
Orange is to use OneWeb satellites to backhaul its mobile base stations in remote areas, the company said today.
Read the full story here: https://bit.ly/3T1sfOR
friday____________________________
Google company unveils drone delivery-network ambition
A subsidiary of Alphabet, which owns Google, hopes to develop drone delivery-network technology able to handle millions of orders, within 12 months. Operating drones as a network, Wing says, will improve efficiency.
Read the full story here: https://bbc.in/3T3xyNI
Cisco sponsors AI and quantum centre at Edinburgh University
A new Cisco-sponsored centre at the University of Edinburgh is to research quantum computing, artificial intelligence and cyber security. The University of Edinburgh says the launch of the Quantum and AI Centre of Excellence follows several years of close collaboration.
Read the full story here: https://bit.ly/3ZUbR4X
_________________________________________________________________________________________
