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 pioneering initiative, passengers traveling on a high-speed rail route in Southern China are now enjoying faster and more reliable 5G connectivity, thanks to the innovative use of digital twin technology. ZTE and China Mobile’s Yunnan Branch have collaboratively developed a detailed 3D model of the railway’s surrounding infrastructure, significantly enhancing network performance along the challenging terrain of the KunchuDali railway.
Ericsson, the Swedish telecommunications equipment manufacturer, is bracing for another challenging year by announcing a new wave of job cuts within Sweden. The company has pointed to a constricted mobile networks market in 2024, driven by cautious customer spending and a continuation of the trend of reduced operator investment, which it had previously described as unsustainably low. Despite various analyst reports reinforcing this bleak outlook, Ericsson remains committed to its strategic goals but acknowledges the need for significant operational adjustments to navigate the current climate.
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.
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.
Intelsat has announced the expansion of its partnership with Eutelsat through a significant $500 million agreement over seven years, aiming to capitalize on the burgeoning opportunities in the multi-orbit space sector. This collaboration will integrate Eutelsat’s OneWeb Low Earth Orbit (LEO) network, which it has owned for six months, with Intelsat’s existing geostationary orbit (GEO) and terrestrial networks. The goal is to enhance the range of services Intelsat can offer by leveraging these combined space assets.
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%.
