Ilex Insights

Global B2B TECH & TELECOMS NEWS (21/08/2023 - 25/08/2023)

Written by Ilex Community Manager | 25-Aug-2023 09:13:50

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

The stories cover lawsuits, AI, 5G, microchips, data, threads, digital ecosystems, hacking, and LinkedIn.

Here are our highlights:

Monday _____________________________

Roblox faces a new class action lawsuit alleging it facilitates child gambling

 In a new class action lawsuit filed in the Northern District of California this week, two parents accuse Roblox of illegally facilitating child gambling.

Read the full story here: https://tcrn.ch/3E4283b 

SKT invests $100m in AI startup, Anthropic

 SK Telecom (SKT) has announced that it is investing US$100 million in Anthropic, a AI safety and research company based in San Francisco.
 
Read the full story here: https://bit.ly/45BnWyR 

Tuesday_____________________________

Vodafone, Ericsson trial cloud gaming on 5G SA slice

Vodafone and Ericsson have completed a live network trial at Coventry University which demonstrates the impact an optimised 5G Standalone (SA) network slice could have on mobile gaming.

 

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

UK microchip giant Arm files to sell shares in US

British microchip giant Arm announced it has filed paperwork to sell its shares in the US. The Cambridge-based company, which designs chips for devices from smartphones to game consoles, plans to list on the Nasdaq in September.

 

Read the full story here: https://bbc.in/44fjwMZ 

Wednesday___________________________

Stack Infrastructure unveils first Australian data centre

Stack Infrastructure (Stack) has launched its first Asia-Pacific (APAC) data centre, located in Melbourne, Australia.

The 36MW facility is located on a scalable 72MW campus in one of APAC’s fastest growing markets for cloud service providers and large.

 

Read the full story here: https://bit.ly/3E7n1KT 

Threads: Meta to launch web version of flagging Threads app

Meta is releasing a web version of Threads, as it attempts to revive the social media platform. Meta says the web version is part of a drive to deliver new features but experts warn more needs to be done to rebuild customer interest.

Read the full story here: https://bit.ly/3P8o5EC 

Thursday____________________________

India to invest $1.79B to expand digital ecosystem

The Indian government announced the expansion of the existing Digital India plan with an investment outlay of INR149 billion ($1.79 billion) spread over five years. Key focus areas are reskilling, cybersecurity, startups and promoting the use of Indian languages.

 

Read the full story here: https://bit.ly/47O46ST 

Court finds teenagers carried out hacking spree

A court has found an 18-year-old from Oxford was a part of an international cyber-crime gang responsible for a hacking spree against major tech firms.

Arion Kurtaj was a key member of the Lapsus$ group which hacked the likes of Uber, Nvidia and Rockstar Games.

 

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

friday____________________________

Chindata Bolsters Energy efficiency for data centres

Chindata, a carrier-neutral hyperscale data centre solutions provider has launched a full-stack solution for data centres that addresses power and cooling issues.

 

Read the full story here: https://bit.ly/45mA2Mt 

Chinese spy used LinkedIn to target British officials

MI5 chiefs have previously warned China is using espionage to target the UK's tech and research sectors in an attempt to eat into the country's commercial advantages, but LinkedIn insists it's well-equipped to scan the site for evidence of spying.

 

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