Telecom news

• European tech ambitions might be hampered by regulation – Meeker

  31-05-2018 19:04
  Mary Meeker is one of the most respected names worldwide when it comes to the internet, meaning her annual evaluation of the state of play is a much anticipated presentation. 2018 looks to be a bit gloomy though.
  First of all, looking at consumer trends there are some very positive numbers. Internet usage continues to growth year-on-year, adults spend an extra 0.3 hours a day on the internet in 2017 compared to the 12 months prior, and there is strong evidence the rate of adoption is continuing
  
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• GDPR seems to benefit Silicon Valley but harm US relations

  31-05-2018 19:03
  The initial effects of GDPR seems to be that the biggest companies have benefitted but the US government thinks it’s harming relations.
  The Wall Street Journal reports that Google and Facebook have had a significant advantage over all other digital advertisers as their size has enabled them to tick all the GDPR boxes at scale far more quickly than anyone else. In fact Google’s own DoubleClick Bid Manager is apparently sending more traffic towards Google’s own ad inventory as a
  
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• Teens prefer cat videos to online stalking – Pew Research

  31-05-2018 18:59
  The Pew Research Centre has released new research which questions whether we can continue to call Facebook the king of social media.
  The statistics show that only 51% of US teens aged 13-17 use Facebook, with only 10% saying it is their preferred social media platform. In comparison, YouTube was the most popular, with 85% of the teens stating they use the platform, 32% saying it is the most frequently visited, while SnapChat attracts the attention of 69%, with 35% of the respondents stating they
  
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• Brits wasting £480mn a year on landlines apparently

  31-05-2018 15:18
  For some reason there are still people in the UK who insist on having a landline, and it is costing them £480 million a year according to one of those consumer studies.
  According to comparethemarket.com’s research, 24% of households have an unused landline, while only 35% of consumer aged younger than 34 actually use one. With the almost ubiquitous penetration of smartphones you really have to wonder what the point is anymore. Just give grandma a feature phone and do away with the po
  
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• Nokia disposes of Withings and yet another Technologies President

  31-05-2018 15:15
  Nokia has indicated that Gregory Lee’s main job was to get rid of Withings, so now that process is complete he’s moving on.
  When Lee was poached from Samsung Electronics North America less than a year ago the messaging was that his consumer electronics expertise would take Nokia’s re-entry into the consumer space to the next level.
  “Gregory’s passion for innovation and operational excellence, along with his proven ability to build and lead global consumer technology
  
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• Ericsson lands €250mn 5G loan from European Investment Bank

  31-05-2018 13:19
  The European Investment Bank has signed a €250 million loan agreement with Ericsson to boost the vendors R&D efforts in 5G.
  The cash will be made available through the European Fund for Strategic Investments (EFSI), a joint initiative between the EIB and the European Commission, with the focus on development of hardware and software for the Radio Access Network (RAN). Most of the R&D activities will take place in Sweden, with minor parts also being carried out in Ireland, Spain and
  
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• AI startup SenseTime just getting greedy as it bags another $620mn funding

  31-05-2018 12:30
  Just one month after raising $600 million in a Series C funding round, Chinese AI facial recognition startup SenseTime has announced a further $620 million investment taking the total valuation of the firm to $4.5 billion.
  With the Chinese Government on a mission to dominate the world of artificial intelligence, SenseTime is seemingly leading the charge, maintaining its position as the world’s most valuable AI company a total financing of more than $1.6 billion to date. Fidelity Internatio
  
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• Verizon Weekly News: the andamp;quot;Stars and Stripes Foreverandamp;quot; edition

  31-05-2018 02:49 via feedproxy.google.com
  Remembering the men and women who gave the ultimate sacrifice for the USA . . . our new ad salutes Military Appreciation Month . . . 16 military moms get tech makeovers . . . making a big donation to the Wounded Warriors Project . . . and Military Friendly® says Verizon is the #1 company Click here for more.
  
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• ZTE replaces senior executive in a bid to strike new deal with the US

  31-05-2018 02:00
  Chinese smartphone and telecoms kit manufacturer, ZTE, has replaced one of its most senior executives, according to a Bloomberg report…read more on TotalTele.com »
  
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• Telecom Egypt secures $200m 4G funding from Chinese firms

  31-05-2018 02:00
  Telecom Egypt has obtained $200 million in funding from Chinese financial institutions to help it finance the rollout of 4G networks across the North African nation. The deal was struck in collaboration with Chinese tech giant…read more on TotalTele.com »
  
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• Digi Communications completes €135m acquisition of key Hungarian telco

  31-05-2018 02:00
  Romanian telco Digi Communications has completed the acquisition of Hungarian operator Invitel, in a deal reported to be worth €135.4 million, according to reports in the Romanian press…read more on TotalTele.com »
  
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• Deutsche Telekom ups its stake in Greek telco OTE

  31-05-2018 02:00
  Deutsche Telekom has purchased an additional 5 per cent stake in Greek telco, Hellenic Telecom (OTE). Deutsche will spend €284 million on the stake, which will bring its total holding in the company to 45 per cent…read more on TotalTele.com »
  
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