Top tech news today: December 12, 2024

1. Indonesian telcos merge to create XLsmart

Two major Indonesian telecom firms have finalized a $6.5 billion merger, forming XLsmart to streamline operations and enhance competitiveness. Telecoms

Also read: Tyro launches embedded payments to simplify transactions

2. Nokia secures networking deal with Nscale

Nokia partners with Nscale to provide data center networking for AI-driven cloud services, advancing infrastructure capabilities. Telecoms

3. Microsoft sells Metaswitch to Alianza

Microsoft divests Metaswitch, its communication software unit, to Alianza to focus on its core cloud services. Telecoms

Also read: What is network architecture?

4. Deutsche Telekom highlights AI sovereignty

Deutsche Telekom pitches its AI solutions to corporate clients, emphasizing sovereignty and security in the digital age. Telecoms

5. WBA report shows growing trust in WiFi

The Wireless Broadband Alliance reports increased confidence in WiFi and OpenRoaming among global network providers. Telecoms

Also read: FIFA Rivals: Football, blockchain, and what fans need to know

6. Nokia and SK Broadband partner with KHNP

Nokia and SK Broadband collaborate with KHNP to deploy advanced communication technologies for energy networks. Capacity Media

7. Vertiv launches hybrid cooling for AI centers

Vertiv and Compass unveil an innovative cooling solution designed for AI-powered data centers to improve efficiency. Capacity Media

8. Google turns to Intersect for clean energy

Google partners with Intersect Power to power its data centers with sustainable, clean energy solutions. Capacity Media

9. Scalapay partners with Trustfull for payments

Scalapay integrates Trustfull to enhance secure payment options across Europe, expanding its fintech capabilities. Fintech Global

10. Ayan Capital raises $2.8M for Islamic fintech

Ayan Capital secures $2.8 million to grow its Islamic fintech solutions targeting the UK market. Fintech Global

11. ACA Group unveils advanced ESG solution

ACA Group introduces an ESG data management platform, improving insights for corporate sustainability efforts. Fintech Global

12. Klarna fined $50M for AML violations

Klarna faces a $50 million fine over anti-money laundering violations, sparking regulatory scrutiny. Finextra

13. Mynt raises $22M for fintech expansion

Swedish fintech Mynt secures $22 million to expand its spend management services globally. Finextra

14. WhiteBIT launches Visa crypto debit card

WhiteBIT introduces a Visa debit card for seamless cryptocurrency payments, advancing crypto adoption. Finextra

15. Klarna checkout integrates with Apple Pay

Klarna users can now utilize Apple Pay for in-app and online purchases in Canada. Finextra

16. Volante: Mid-tier banks modernizing payments

Mid-sized banks are heavily investing in payment modernization according to Volante’s latest report. Finextra

17. Deutsche Bank, Crypto.com sign partnership

Deutsche Bank partners with Crypto.com to strengthen corporate banking and crypto integration services. Finextra

18. Santander teams with CloudPay for SMEs

Santander collaborates with CloudPay to offer small businesses earned wage access for employees. Finextra

19. Intel faces SP downgrade amidst challenges

Intel’s SP rating is downgraded, reflecting ongoing struggles in market competition and chip production. The Register

20. Record data consumption reported by VMO2

Virgin Media O2 reports unprecedented levels of data consumption in 2024, signaling growing digital demand. Telecoms

21. US telecom players oppose T-Mobile alliance

Major US telecom firms unite against T-Mobile and UScellular’s proposed industry alliance. Telecoms

Vionna-Fiducia Theja

Vionna Fiducia Theja

Vionna Fiducia Theja is a passionate journalist with a First Class Honours degree in Media and Communication from the University of Liverpool. A storyteller at heart, she delves into the vibrant worlds of technology, art, and entertainment, where creativity meets innovation. Vionna believes in the power of media to transform lives and spark conversations that matter. Connect with her at v.zheng@btw.media.

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