Struggling to manage its colossal debt, UK ISP TalkTalk is meticulously strategizing its exit route. Insights suggest that breaking down business units and restructuring management is a bid to steady the wavering financial ship.
In a groundbreaking revelation, Twitter owner Elon Musk took to his Twitter account today to announce a significant transformation for the social media giant. Musk’s latest announcement sparked immense curiosity and excitement as he revealed that Twitter will soon bid farewell to its iconic name and adopt a one-letter moniker – “X.”
Unprecedented in telecommunications, the Amitié subsea cable system, an alliance effort of Aqua Comms, Meta, Microsoft, and Vodafone, provides a major boost to international connectivity. This groundbreaking line, stretching an impressive 6,783 km, links Boston directly with Europe, heralding a new era for cross-continental communication. Equipped with unmatched versatility and a notable capacity of 400 Tbps, this project paves the way for a more connected digital future globally.
The Linux Foundation-led Ultra Ethernet Consortium brings AMD, Arista, Broadcom, and others together to refine ethernet architecture, addressing the escalating network requirements of AI and high-performance computing. Pledging to enhance ethernet performance, the alliance will leverage ethernet’s adaptability, ensuring scalability and cost-effectiveness for diverse workloads. Aiming for a holistic tune-up rather than a complete overhaul, consortium endeavours will encompass detailed protocols, signaling mechanisms, and software solutions.
Telecom alliance Alaian is partnering with chip manufacturer Qualcomm to empower start-ups specializing in Extended Reality (XR). The alliance, comprising of seven telecom giants along with towerco Cellnex, targets initiatives involving metaverse, virtual platforms, and various services or applications from all over the globe. Despite a lukewarm response to the metaverse and the disappearance of mixed reality from the limelight, the conglomerate remains optimistic. Future XR experiences can greatly benefit from the expertise and resources provided by co-operating with Qualcomm.
Instagram’s new Threads app has garnered over 30 million sign-ups within 24 hours of its launch, along with a staggering 95 million posts and 190 million likes. While some features are missing, such as DMs and integration with ActivityPub, the impressive numbers indicate a promising start for Meta’s Twitter competitor.
Top tech giants, including Amazon, Apple, and Microsoft, have recently been identified by the European Commission under the new Digital Markets Act (DMA) as potential digital ‘gatekeepers’. These firms, commanding vast economic and influential prowess, now sit waiting during a 45 day review period that could officially brand them as such. Following the conclusion of the evaluation process, each company will need to navigate a six-month transition to achieve full compliance with the DMA directives. These guidelines are aimed at fostering competition and safeguarding both end-user rights and the interests of small scale businesses.
The dialogue strengthens between E& and PPF Group, sparking talks of a strategic alliance. With E&’s evident ambition to penetrate the European markets, the narrative gets captivating. Though discussions are in infancy, market enthusiasts eagerly await major developments. Meanwhile, PPF Group, post-acquiring Telenor’s assets, strengthens its presence in Europe.
Gigaclear commits to connecting rural communities in Yorkshire, extending its full fibre network to 16,000 homes and businesses. The move minimizes disruption, using existing Openreach infrastructure, and aims for service availability by year-end.
Telecom operators globally embrace digital transformation, with East Asia dominating the top positions in Omdia’s benchmark. China Mobile leads, driven by high-speed broadband deployment and innovative service development, followed by SK Telecom’s AI-focused reinvention.
