AT&T has finalized the sale of its cybersecurity division, marking a pivotal moment in the company’s strategic realignment. The division has been transitioned into a new independent entity known as LevelBlue, backed by majority owner WillJam Ventures. This move sees LevelBlue emerge as a standalone managed cybersecurity services business with a global presence spanning 10 countries and boasting a workforce exceeding 1000 employees.
The US government has taken a significant step by revoking specific licenses that allow American chip manufacturers to export goods to Huawei, the Chinese tech giant. This action will notably reduce the sales of major chip producers like Intel and Qualcomm to China.
UK-based autonomous vehicle startup Wayve has announced a significant investment of $1.05 billion aimed at advancing its development of self-driving cars powered by artificial intelligence (AI). The funding round was led by SoftBank, a Japanese multinational conglomerate, with substantial contributions from tech giants Nvidia and Microsoft.
Apple is venturing into the realm of artificial intelligence (AI) processing chips for data centers, as reported by the Wall Street Journal. This move positions Apple in direct competition with industry peers like Google and Amazon, which have already heavily invested in AI chip technology.
In a letter addressed to Congress, Rosenworcel highlighted that the Reimbursement Program would require approximately $4.98 billion to cover all “reasonable and supported” cost estimates in approved applications. This starkly contrasts with the current appropriation of $1.9 billion, resulting in a notable deficit.
Nord Security, a leading cybersecurity firm renowned for its VPN solution NordVPN, has unveiled NordStellar, a cutting-edge threat exposure management platform designed to empower businesses in detecting and combating cyber threats effectively. Developed by the same team behind NordVPN, NordStellar aims to revolutionize enterprise cybersecurity by offering comprehensive protection against data breaches, fraud, ransomware attacks, and unauthorized access.
The recent unveiling of Llama 3, Meta Platforms Inc.’s latest AI model, has stirred significant enthusiasm among technology and AI influencers. This launch on the ‘X’ platform has sparked discussions about democratizing AI, with a notable surge in conversations during the third week of April, according to GlobalData’s Social Media Analytics Platform.
Infobip, the global cloud communications platform, and Nokia today announced a partnering agreement that will enable the global developer community to leverage both companies’ Application Programmable Interface (API) platforms to build a wider array of telco network powered applications faster for consumer, enterprise and industrial customers.
Norfolk County Council (NCC) has completed a major network transformation project in partnership with Abzorb, a leader in public sector and business networking solutions. The £1.2 million initiative spans 221 sites and aims to enhance performance and security while reducing costs.
Flatiron Software Co. has unveiled its latest innovation, Snapshot Reviews, a cutting-edge engineering team performance assessment platform designed to transform the way software developers are evaluated. This platform leverages real-time productivity data to provide precise insights derived directly from code analysis, utilizing advanced AI technology.
