In this week's roundup, we looked at the top news stories from the B2B tech & telecoms industry. The stories cover topics including 5G, data centres, cloud, start-ups and communications.
Here are our highlights:
monday:
ATN CLOSES $343 million Alaska Communications acquisition
ATN International, Inc. and its financial partner Freedom 3 Capital, LLC, have completed their acquisition of Alaska Communications Systems Group in an all-cash transaction valued at $343 million.
Read the full story here: https://bit.ly/3rMFVjr
Mark Zuckerberg wants Facebook to become online 'metaverse'
Mark Zuckerberg has laid out his vision to transform Facebook from a social media network into a “metaverse company” in the next five years. A metaverse is an online world where people can game, work and communicate in a virtual environment, often using VR headsets.
Read the full story here: https://bbc.in/3eTfXFG
tuesday:
TESla profit surge driven by record car deliveries
Tesla has reported surging profits, despite shortages of semiconductor chips and congestion at ports hampering production. Sales rose to $12bn (£8.6bn) in the three months to the end of June, up from $6bn a year ago, when its US factory was shut down.
Read the full story here: https://bbc.in/3f05fgA
power tops lists of concerns for data centre developers in europe
The availability of power is the most important factor in the decision-making process for a new data centre, according to the 14th annual Summer Report from BCS (Business Critical Solutions) and research house IX Consulting.
Read the full story here: https://bit.ly/3fcfMVP
wednesday:
Tech giants' profits soar as pandemic boom continues
Tech giants have reported soaring profits as consumers upgraded their devices and sought cloud storage during lockdowns. Apple's profits nearly doubled to $21.7bn (£15.6bn) in the three months to 30 June as customers bought pricier 5G iPhones.
Read the full story here: https://bbc.in/3ynANEV
yondr forms $1bn joint venture to build data centres in india
Yondr Group has formed a $1 billion joint venture with Everstone Group to open hyperscale data centres in India. Operating under the brand name EverYondr, the first data centre to be opened by the pair will be located in the Mumbai Metropolitan Region.
Read the full story here: https://bit.ly/3f1oFSk
Thursday:
Google to open new cloud region in australia
Google is launching a new cloud region in Melbourne, Australia. First announced last year, Melbourne will be the company’s second region in Australia, having opened its first cloud region in the country in Sydney in 2017.
Read the full story here: https://bit.ly/3ydLREf
Ofcom appoints online safety head to take on big tech
Regulator Ofcom has announced Anna-Sophie Harling will be its online safety principal, dealing with how the tech giants regulate harmful speech. She will be in charge of implementing the Online Safety Bill, due to come into effect later this year.
Read the full story here: https://bbc.in/2VkDMPr
Friday:
Inmarsat to build low-orbit satellite 5g mesh network
Satellite company Inmarsat has announced plans for a combined terrestrial and in-orbit 5G network aimed at high-density users and the maritime market.
Read the full story here: https://bit.ly/3C6PTkm
London investor backs electronic rental startup grover in $1bn funding round
Berlin-based consumer tech subscription startup Grover has announced that it has secured over $1billion (nearly £72 million) in the largest funding round in the circular economy space.
Read the full story here: https://bit.ly/3j4VVJj
