Samsung, the South Korean tech giant, has reported its lowest operating profit in 14 years for the April to June quarter. The decline is attributed to the ongoing downturn in the memory chip market. While the precise details are yet to be disclosed, analysts expect the chip division’s poor performance to be the primary cause.
Ericsson plans a €155 million investment for a smart manufacturing hub in Tallinn, Estonia. BT will reduce its workforce by 1,100 at Adastral Park while investing in modernization. Cellnex acquires full control of OnTower Poland, expanding its tower portfolio. Unicon launches an enhanced partner program for resellers in end-user computing. NEC introduces a generative AI service to drive business transformation.
A recent survey unveils how, despite potential risks, most industries, particularly telecommunication firms are embracing generative AI’s benefits. Interestingly, even traditionally cautious sectors, like aerospace and defence show a strong inclination towards AI’s adoption. Yet, as AI integration requires extensive investment in staff skill development, emerging corporate roles like AI auditors or ethicists are anticipated.
Four prominent Swedish companies are under the scanner for illicit data transfer to the U.S., marking a stark violation of EU’s GDPR rulings. The heart of this issue lies in their use of Google Analytics, leading to these privacy breaches. Interestingly, not all implicated parties bore the same guilt, showing varying levels of data safety vigilance. More caution and respect for GPDR’s regulations is thus urged from all companies dealing with data transfers. Undeniably, an increasing global scrutiny on data protection laws, demands such vigilance.
Go Connect Mari is a desktop solution that enables seamless telephony integration with over 250 contact-oriented business systems and CRM applications, spanning various industries. By integrating these systems, Go Connect Mari offers significant productivity and efficiency gains for end-users.
Cisco’s Webex, a leading unified communications and collaboration platform, has become the first of its kind to achieve adherence to the EU Cloud Code of Conduct (EU Cloud CoC) Level 3. This significant milestone was reached after undergoing an independent third-party assessment and audit, which verified the platform’s compliance with all code controls.
The City of Bellevue, renowned for its digital innovation, has partnered with T-Mobile to launch a collaborative project utilizing Cellular Vehicle-to-Everything (C-V2X) technology and T-Mobile’s 5G network. The initiative aims to facilitate near real-time communication between vehicles, traffic infrastructure, pedestrians, and cyclists, in support of Bellevue’s Vision Zero program, which seeks to eliminate road-related fatalities and serious injuries by 2030.
The Met Office has launched its Climate Data Portal, providing telecoms organizations with enhanced access to climate data and resources to improve their understanding and response to climate change. As part of the Met Office’s broader data optimization strategy, the portal offers 60 different data layers, along with guidance and information.
According to Bloomberg analyst Mark Gurman, Apple has some exciting developments in the pipeline, including the potential release of an independent display and new features for the future AirPods. Gurman suggests that the upcoming monitor could serve as a smart home display when not actively used.
Microsoft and Salesforce have emerged as leaders in the low-code space for their integration of generative AI, according to a report by GlobalData, a prominent data and analytics company. The digital transformation era has fueled the demand for rapid app development and intelligent automation, prompting innovative enterprises to explore the potential of emerging technologies. The “Low-Code Platforms: Competitive Landscape Assessment” report by GlobalData highlights the fiercely competitive nature of the low-code market segment. Microsoft has strengthened its position by combining its Power Automate offering with the new Azure OpenAI service. On the other hand, Salesforce has been consolidating its Salesforce Flow/Automation and Einstein tools, including Einstein GPT CRM tools, within its Data Cloud platform. Charlotte Dunlap, Research Director at GlobalData, acknowledges the rapid entry of global public cloud platform providers such as Google, Microsoft, and Amazon into the low-code market. These companies are launching strategies centered around visualization tools, automation…
