Amid the AI giants like Google and Microsoft, stands Amazon with its prolific investment of $2.75 billion in San Francisco’s AI startup, Anthropic. This strategic venture is Amazon’s biggest external contribution since its establishment. In return, Anthropic pledges to use Amazon Web Services as its chief cloud solution, employing AWS’s state-of-art infrastructure for their AI models. With $7.3 billion funding recently, Anthropic is galvanizing investors globally.
In an unexpected strategy shift, VEON is offloading its stake in Beeline Kyrgyzstan to CG Corp Global’s associate. The monumental telecom deal, setting the business’s value over three times its forecasted EBITDA for 2023, awaits regulatory approval. Amidst this change, Beeline Kyrgyzstan forges ahead in growth, promising patrons sustained exceptional digital solutions.
Seven Chinese nationals are under legal fire, suspected of masterminding an international hacking operation. Imagined to be APT31 Group members, they have allegedly dispatched 10,000 harmful emails, targeting critics of the PRC regime and stealing trade secrets.
Juniper Research, in partnership with VOX Solutions, delves into the increasingly critical issue of Artificially Inflated Traffic (AIT) and SMS Trashing impacting the global business messaging sector. The report divulges disconcerting figures, with fraudulent activities such as AIT significantly bolstering operational costs and potentially costing enterprises an alarming $60 million annually.
In the ongoing geopolitical saga between the US and China, the global supply chain and the semiconductor industry are at the forefront. Both nations’ governmental bodies are ramping up subsidies to stimulate growth in domestic manufacturing and insulate against sanctions.
At Enterprise Connect, Cisco (NASDAQ: CSCO) today unveiled new purpose-built, multifunctional devices that deliver modernized collaboration experiences to today’s hybrid workforce. The company announced the launch of the Cisco Board Pro G2, an AI-fueled and touch-enabled collaboration device and Cisco Desk Phone 9800 Series, designed to bring a modern and personalized productivity hub to any desk.
In a significant move, the US government has initiated a comprehensive legal battle against Apple Inc., accusing the tech behemoth of monopolistic practices within the smartphone industry that purportedly suppress competition and inflate costs for consumers. The Department of Justice, in collaboration with 16 state and district attorneys general, has filed a civil antitrust lawsuit charging Apple with monopolization or attempts at monopolization of the smartphone market.
Vodafone has announced an ambitious plan to launch 300 Business IT Hubs across the UK, aimed at empowering small and medium-sized enterprises (SMEs) with comprehensive IT and communication solutions. This initiative seeks franchise partners to establish these hubs, which will function as independent entities under the Vodafone brand, providing localized IT support.
In a collective move, three key US security agencies issued an advisory flagging potential cyber threats from Volt Typhoon, a state-backed cyber group noted for planning possible attacks on vital American infrastructure. This group’s activities have raised concerns within vital sectors of industry, including telecommunication, energy, and transportation not only in the US, but also in Canada, the United Kingdom, and New Zealand.
A recent study by Ericsson and Juniper Research reveals significant growth prospects for the mobile financial services (MFS) sector, forecasting a surge in user engagement and transaction values by 2028. The analysis suggests a shift towards a more diverse offering in mobile money services, predicting that 40% of mobile subscribers will utilize these services by 2028, a notable increase from the current 29%.
