News Roundup

A quick roundup of the news in Telecoms | Week #4

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T-Mobile’s data breach affected 37 million customers

A major data breach impacting 37 million T-Mobile users has been revealed. The hack, which was discovered on January 5th, is thought to have started on November 25th, 2022. An application programming interface (API) was taken advantage of by a hacker to attain unauthorized access to client data. The breach allowed access to names, billing addresses, emails, phone numbers, dates of birth and T-Mobile account numbers, but did not reveal payment card information, social security, tax, driver’s license, or other government-issued ID numbers.

Read more at: https://tinyurl.com/mtsr7tkm

Microsoft makes a multibillion-dollar investment in OpenAI

Microsoft has made an undisclosed multibillion-dollar investment in OpenAI, the developer of the popular artificial intelligence service ChatGPT. This expenditure is Microsoft’s largest bet on AI technology to date. The AI platform will be used with a variety of consumer and commercial products, including Office software and the Bing search engine. Microsoft’s Azure cloud provider will solely power OpenAI’s models, and Microsoft will also expand their investment in the development and deployment of specialized supercomputing equipment. ChatGPT, which gained 1 million users in its first week, is regarded as being at the forefront of generative AI technology.

Read more at: https://tinyurl.com/ux43kw67

Court rejects appeal to block Shaw-Rogers merger

This week, the Federal Court of Appeal in Ottawa rejected an appeal launched by Competition Commissioner Matthew Boswell to block the Shaw-Rogers merger, worth roughly $15 billion. The Competition Tribunal had earlier rejected the appeal despite claims that the merger would lessen competition and increase customer prices. The main reason for the decision given by the Competition Tribunal was that there would still be four significant competitors in the mobile industry. The two companies now have until the end of this month to complete the merger, pending approval from Industry Minister Francois-Philippe Champagne.

Read more at: https://tinyurl.com/2xk6nj89

Mitto expands direct connectivity in the Pacific Islands

In order to provide users with much-needed connectivity, Mitto, a leading provider of global omnichannel communications solutions, today announced that the company will route business messaging into nine Pacific Islands regions directly through each island’s mobile carrier network. This increased connectivity will aid in bridging the technology divide in a region that has previously been neglected.

Read more at: https://tinyurl.com/26yy5u4v

LastPass confirms breach of customer data

The parent company of GoTo, LastPass, has revealed that hackers broke into their network and stole encrypted backups of client information. A number of their products, including Central, Join.me, Hamachi and Remotely Anywhere, were impacted by the incident. GoTo asserts that they did not keep a record of their clients’ credit card or bank information, but they have made no recommendations for remedying the situation. Customers that are affected are being contacted individually and advised to reset their passwords and renew MFA settings.

Read more at: https://tinyurl.com/hd2xtmjb

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