Europe and Middle East Trends
Europe and Middle East Trends
Europe and Middle East market trend intelligence tracks cloud service, regional ISP, national telecom, data centre, and institutional infrastructure signals across European and Middle Eastern internet infrastructure markets. BTW.
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Europe and Middle East Cloud Services Trends
UK launches first IoT security law
The Product Security and Telecommunications Infrastructure (PSTI) of the United Kingdom has introduced the world’s first law to legally mandate cybersecurity standards for IoT devices, aiming to shield consumers from cyber threats and boost the nation’s resilience against rising…
Europe and Middle East Institutional Trends
Microsoft, Amazon AI corporations face scrutiny from UK CMA
The Competition and Markets Authority (CMA) of the United Kingdom announced on Wednesday that it was inviting interested parties to provide their opinions on the significant AI collaborations between Microsoft and the French AI company Mistral, Amazon and the American startup…
Europe and Middle East Institutional Trends
UK enacts tough law on deepfakes
The Ministry of Justice said on the 16th, the Ministry of Justice said on the 16th that the government could receive sexual image or video without the party consent of the party. Strong response to deep fake Britain’s Ministry of Justice said on the 16th (local time) that if the…
Europe and Middle East Cloud Services Trends
What is the market share of iPhone vs Android in Europe?
Android and iPhone form a duopoly in the global mobile operating system market, with Android accounting for approximately 70% of the market and iPhone for approximately 29%. According to the latest data from StatCounter, there is little difference between the proportion of iPhone…
Europe and Middle East Cloud Services Trends
EU warns TikTok Lite with its addictive feature
The European Union has launched a probe on TikTok spinoff app—TikTok Lite, which may have risks of damage to the mental health of users.
Europe and Middle East Cloud Services Trends
TikTok Shop introduces secondhand luxury fashion line in the UK
TikTok Shop, the social commerce arm of TikTok, is venturing into the secondhand luxury fashion market in the UK. By integrating a dedicated category for pre-owned luxury items, TikTok aims to enhance its shopping experience and compete with established players in the resale…
Europe and Middle East Regional ISP Trends
Colman Deegan to be new European CEO of Zayo
Global network provider Zayo Group has appointed Colman Deegan as its new CEO for Europe. Zayo runs one the largest networks in the world, with 17.5 million fibre miles and 142,500 route miles. Deegan joins Zayo at a time when the company is seeing growth prospects in Europe due…
Europe and Middle East Cloud Services Trends
Top tech news stories today: April 18, 2024
Microsoft-OpenAI deal set to dodge formal EU merger probe, Third-party iPhone app store AltStore PAL is now live in Europe and other news.
Europe and Middle East Cloud Services Trends
Blockchain for Good Alliance debuts at Blockchain Life Dubai
OUR TAKEThe launch of the Blockchain for Good Alliance signifies a promising step towards leveraging technology for positive social impact. The collaboration between leading organisations highlights a collective commitment to addressing global challenges. This initiative has the…
Europe and Middle East Institutional Trends
Apple loses bid to throw out UK lawsuit over App Store fees
A judge denies Apple’s bid to dismiss a nearly $1 billion lawsuit, alleging unfair commission fees on UK-based developers.
Europe and Middle East Cloud Services Trends
Cryptocurrencies plunge amid Middle East unrest
Following an Iranian drone and missile attack on Israel, cryptocurrency markets witness significant selling, with bitcoin plummeting 8% before rebounding amidst escalating Middle East tensions. Israel chipmaker Hailo raises $120M, brings value to $1.2B Cryptocurrency market…
Europe and Middle East Institutional Trends
Dubai’s crypto regulation chief eases burden on small firms
Dubai’s VARA CEO Matthew White plans to lower compliance costs for small crypto firms, proposing a framework to include all players in the rapidly growing industry. White indicates his determination to create a fair environment for competence In a bid to level the playing field…
Europe and Middle East Cloud Services Trends
iPhone users in 92 countries receive spyware attack alert
Apple sent a new round of threat alerts to some users in 92 countries on Thursday, warning them that their iPhones could be attacked by hired spyware, including Israel’s Pegasus spyware. The spyware attack The alert states, “Apple detected that you are being targeted by a…
Europe and Middle East Cloud Services Trends
FloQast secures $100m Series E funding, valued at $1.6bn
California’s FloQast closes Series E round at $100m, reaching $1.6bn valuation. ICONIQ Growth spearheads investment for AI-driven finance solutions. AI platform Writer launches feature for text generation from images FloQast’s series E funding round FloQast, a California-based…
Europe and Middle East Cloud Services Trends
Qualcomm unveils AI-Ready IoT platform at Embedded World 2024
Qualcomm unveiled its RB3 Gen 2 IoT platforms designed for IoT and embedded applications at this week’s Embedded World conference in Nuremberg, Germany. These platforms are compatible with artificial intelligence, computer vision, and camera sensors for use in robots, drones…
Europe and Middle East Cloud Services Trends
FinTech Scotland heads to New York for innovation spotlight
FinTech Scotland partners with UK Department for Business and Trade, sending Scottish fintech firms to New York for Tartan Week and FinTech Week, aiming to boost global presence. HSBC and HKSTP collaborate to propel HK fintech development Spotlight on Scottish Fintech: Delegation…
Europe and Middle East Cloud Services Trends
Microsoft is opening an AI hub in London
Microsoft is expanding its AI efforts in the UK with a new AI hub in London, focused on product development and research. Microsoft AI in London Microsoft AI London will focus on developing state-of-the-art language models and the infrastructure to support them, as well as…
Europe and Middle East Cloud Services Trends
Jordan Hoffmann, DeepMind scientist, to lead Microsoft AI’s new London hub
Microsoft has announced a new London hub for its consumer AI division, led by Jordan Hoffmann, an AI scientist and engineer from high-profile startup Inflection AI. This comes three weeks after Microsoft CEO Satya Nadella unveiled a new division led by founders of Inflection AI…
Europe and Middle East Cloud Services Trends
Elon Musk says electricity is key constraint for AI development
Elon Musk predicted in an interview on April 8 that while a shortage of chips were a big constraint for the development of AI so far, electricity supply will be crucial in the near future. The tycoon Musk took an interview by Norway wealth fund CEO Nicolai Tangen on X spaces on…
Europe and Middle East Cloud Services Trends
Paddy Cosgrave returns to Web Summit after resigning over Israel criticism
Web Summit co-founder Paddy Cosgrave on Monday returned as its chief executive, six months after resigning from the top job following a backlash over his comments on the Israel-Hamas conflict. Cosgrave’s October comments Cosgrave resigned as president of the Lisbon conference…