Latin America and Caribbean Trends
Latin America and Caribbean Trends
Latin America and Caribbean market trend intelligence tracks cloud service, regional ISP, national telecom, data centre, and institutional infrastructure signals across Latin American and Caribbean internet infrastructure markets. BTW.
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Latin America and Caribbean Cloud Services Trends
Brazil’s top court orders X to pay fines before resuming operations
Brazil’s Supreme Court mandates social media platform X to pay $3.4 million in fines before resuming operations, adding a new $1.8 million penalty for briefly reappearing in the market.
Latin America and Caribbean Cloud Services Trends
Top tech news stories today: September 27, 2024
IT infrastructure 1. X asks Brazil’s top court to allow it to resume services, source says Elon Musk-owned social media platform X has requested that Brazil’s Supreme Court allow it to resume service in the country, a source with direct knowledge of the matter said on Thursday.…
Latin America and Caribbean Cloud Services Trends
Google makes first purchase of nature-based carbon credits from Brazilian startup
OUR TAKEGoogle’s purchase of nature-based carbon credits signals growing corporate interest in natural solutions like reforestation to combat climate change, expanding beyond engineered carbon removal methods.–Jennifer Yu, BTW reporter What happened Google has agreed to buy…
Latin America and Caribbean Datacenter Trends
Google halts $200M data centre project in Chile over environmental concerns
OUR TAKEGoogle’s decision to halt and rework its data centre project in Santiago reflects growing pressure on companies to address environmental sustainability. With Chile facing a decade-long drought, the use of millions of litres of water for server cooling raised serious…
Latin America and Caribbean Cloud Services Trends
Brazil top court lifts Starlink, X bank account freeze after $3M transfer
Brazil top court lifted the freeze on bank accounts of Starlink and X, but X still faces uncertainty and potential legal action.
Latin America and Caribbean Cloud Services Trends
Amazon’s AWS to invest $1.8B in Brazil through 2034
OUR TAKEAWS’s $1.8 billion investment in Brazil’s data centre infrastructure marks a significant boost for the country’s tech landscape. By expanding in São Paulo, AWS aims to meet the rising demand for cloud services and AI capabilities, enhancing its regional presence. This…
Latin America and Caribbean Institutional Trends
Google limits on android auto access may breach EU rules
Google’s refusal to allow an electric car app developed by Enel to access its Android Auto platform may violate competition rules.
Latin America and Caribbean Institutional Trends
Meta to inform Brazilian users about AI data use
OUR TAKEMeta’s decision to inform users and provide an opt-out option demonstrates a commitment to transparency and compliance with Brazil’s data protection regulations. This move not only addresses regulatory concerns but also sets an example for how tech companies can manage…
Latin America and Caribbean Institutional Trends
Starlink backtracks, complies with order blocking X in Brazil, says regulator
OUR TAKEElon Musk’s Starlink has agreed to comply with a Brazilian Supreme Court order to block access to Musk’s social media platform, X, in Brazil. The decision came after Judge Alexandre de Moraes froze Starlink’s assets and ordered it to pay more than $3 million in fines for…
Latin America and Caribbean Cloud Services Trends
Brazil’s Supreme Court orders the suspension of X
A Supreme Court justice in Brazil has ordered the immediate nationwide suspension of social media platform X.
Latin America and Caribbean Datacenter Trends
Google to open second data centre in Latin America with $850M investment
Google to open second data centre in Latin America, invests over $850 million in Canelones, Uruguay, expanding regional presence.
Latin America and Caribbean Cloud Services Trends
MercadoLibre slams Argentine banks for ‘cartel’ tactics
OUR TAKE Founded in 1999, MercadoLibre is currently the most valuable public company in Latin America with a market capitalisation of $101.4 billion. While it started as an e-commerce platform, its payments and financial services segment has grown to account for more than 40% of…
Latin America and Caribbean Cloud Services Trends
Top tech news stories today: August 22, 2024
Fintech 1. MercadoLibre’s fintech launches its own dollar-backed ‘stablecoin’ in Brazil MercadoLibre’s fintech division, Mercado Pago, just unveiled its dollar-backed stablecoin, Meli Dolar, in Brazil to offer more stability to users. (Finimize) IT infrastructure 2. UK watchdog…
Latin America and Caribbean Cloud Services Trends
Nokia and TIM Brazil team up for 5G expansion
Nokia will supply TIM Brazil with advanced 5G equipment to enhance radio access network coverage in 15 states.
Latin America and Caribbean Cloud Services Trends
Nokia and TIM partner to expand 5G coverage in Brazil by 2025
OUR TAKE Nokia’s deal with TIM Brasil boosts 5G access across Brazil, enhancing network reach and capacity. The use of AirScale technology signifies a major step in digital infrastructure. This partnership supports economic growth by improving connectivity and positioning TIM as…
Latin America and Caribbean Cloud Services Trends
X ceases operations in Brazil amid ‘censorship’ accusations
X is shutting down in Brazil following censorship threats from the top judge. X has shared the judge’s orders in protest.
Latin America and Caribbean Cloud Services Trends
Liberty Latin America and Millicom to merge Costa Rica operations
OUR TAKE The merger of Liberty Latin America and Millicom’s operations in Costa Rica creates a stronger, more competitive entity with substantial investment capabilities. This will support accelerated technological advancements, network expansion, and service improvements…
Latin America and Caribbean Cloud Services Trends
AI could lead to the elimination of up to 5% of jobs in Latin America
OUR TAKEThe adoption of AI in Latin America could lead to a mixed outcome, with potential benefits in productivity and economic growth but also risks of exacerbating existing inequalities due to digital gaps in the region. Governments and organisations need to focus on bridging…
Latin America and Caribbean Cloud Services Trends
Uber and BYD partner to bring EVs to the global ride-hailing market
Uber and Chinese automaker BYD have announced a multi-year partnership to introduce 100,000 new electric vehicles, starting in Europe and Latin America.
Latin America and Caribbean Cloud Services Trends
AI automation affects job prospects in Latin America
OUR TAKEA new report by the International Labour Organisation (ILO) and the World Bank highlights the proportion of jobs in Latin America and the Caribbean that face the threat of automation by AI, especially for women and young workers. The report also notes that despite this…