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Global Cloud Services Trends
Aevi partners with LEGI.ONE to boost SMEs’ cashless payments
What happened Aevi, a leading player in in-person payment orchestration, has partnered with LEGI.ONE LTD, a provider of solutions for small and medium enterprises (SMEs), to offer advanced payment services to smaller businesses. This collaboration aims to make the sophisticated…
Asia-Pacific Regional ISP Trends
Event summary: Peering Asia 6.0 is held in Jakarta
What happened Peering Asia 6.0 was held in Jakarta, Indonesia, from November 6 to 7, 2024, with 598 entities from the networking and peering industry. Organized by IDNOG, APJII, and Equinix, the event featured peering meetings, conference sessions, panel discussions, and a…
Global Institutional Trends
Binance expands compliance team to match industry growth
What happened Binance, a leading cryptocurrency exchange, is on a recruitment drive to bolster its compliance and investigation teams as the industry grows. The company has announced plans to recruit 1,000 new employees, with a significant portion dedicated to compliance roles…
Europe and Middle East Cloud Services Trends
Equinix powers Italian data centers with 53 MW solar deal
What happened Equinix has signed a 10-year virtual power purchase agreement (VPPA) with Neoen, a renewable energy company, to secure 53 MW of solar power for its data centers in Milan and Genoa, Italy. This deal marks a key step in Equinix’s global push for 100% renewable energy…
Global Cloud Services Trends
2024: The year smartphones break free from decline
What happened According to IDC‘s worldwide quarterly mobile phone Tracker report released on November 26, 2024, total shipments will reach 1.24 billion units this year after two years of “significant declines”. Pent-up demand for device upgrades is a key driver of the forecasted…
Europe and Middle East National Telecom Trends
Nokia replaces Huawei at Deutsche Telekom’s 5G sites
What happened Finnish telecom equipment maker Nokia said in a statement on Wednesday that it will launch a mobile network at more than 3,000 sites in Germany using the Open Radio Access Network (ORAN). Following Deutsche Telekom’s choice of Ericsson, the new agreement officially…
North America National Telecom Trends
Hackers target T-Mobile, call logs untouched
What happened US phone giant T-Mobile said Wednesday that hackers had “no access” to its customers’ calls, text messages, and voicemails during an ongoing industry-wide cyberattack targeting internet and phone companies. T-Mobile’s chief security officer, Jeff Simon, said in a…
Global Cloud Services Trends
Virkkunen and Ribera to lead EU telecoms regulation in 2024
Big changes are coming to Europe’s telecoms landscape. Henna Virkkunen and Teresa Ribera Rodríguez have been confirmed as the new policymakers overseeing the sector, taking on portfolios that will shape key regulations, including the much-anticipated Digital Networks Act. What…
Africa Cloud Services Trends
Top tech news today: November 28, 2024
1. Tranglo expands payout network across Africa Tranglo has extended its payout network to eight African countries, enhancing financial access and bridging remittance gaps. The move strengthens its global fintech footprint. Source: The Fintech Times Starlink satellite-to-phone…
Europe and Middle East Cloud Services Trends
Future Radio Exhibition – 2nd Edition: #FutureRadioNow
What happened Future Radio Exhibition (2nd Edition) will take place on 2–3 December 2024 at the Jeanne Hersch space in the International Conference Centre Geneva (CICG), Switzerland. It runs alongside the World Radiocommunication Seminar 2024 (WRS-24), which hosts Plenary…
Global Cloud Services Trends
Nuvei chosen by Delaware North for online gaming and betting payment solutions
What happened Delaware North, a prominent hospitality and entertainment company, has partnered with Nuvei, a leading fintech provider, to enhance the payment capabilities of its online gaming and sports betting brand, Betly. This collaboration will streamline the payment process…
Global Cloud Services Trends
MoneyLion secures $70M in senior debt refinancing
What happened MoneyLion Inc. has successfully closed a $70 million loan facility with Silicon Valley Bank to refinance its existing senior debt, significantly lowering its cost of capital by approximately 550 basis points and extending the maturity to 2029. The proceeds from the…
Asia-Pacific National Telecom Trends
SoftBank invests $1.5B in OpenAI, enabling share sale to employees
What happened OpenAI, backed by Microsoft, has permitted its employees to sell approximately $1.5 billion worth of shares to Japan’s SoftBank Group through a new tender offer. This move follows OpenAI’s completion of a $6.6 billion funding round in October, which included…
Global Cloud Services Trends
UAE achieves milestone with Nokia-du network slicing trial
What happened Nokia and du, a leading telecom operator in the UAE, successfully conducted a live trial of transport network slicing. This milestone marks the first instance of such a trial in the region, demonstrating the capability to create multiple virtual networks on a shared…
Europe and Middle East Cloud Services Trends
Klarna sets sights on Kraków: Hires 100 engineers for growth
What happened Klarna, the AI-powered global payment network and shopping assistant, announced the launch of its new technology center in Warsaw on November 25. Klarna is now aiming to hire over 100 engineers by 2025 in Poland. This offer Polish talent the opportunity to…
Global Cloud Services Trends
Elasticity vs. scalability in cloud computing: Key concepts simplified
Cloud computing has revolutionized how businesses manage resources, making concepts like elasticity and scalability increasingly important. While both terms are integral to cloud infrastructure, they address different aspects of resource management. Understanding the distinction…
Europe and Middle East Institutional Trends
FCA research reveals 12% of UK adults own cryptocurrency
What happened More than 12% of UK adults now own cryptocurrency, according to the latest research from the Financial Conduct Authority (FCA). This marks an increase from 10% in previous surveys. The report reveals that popular coins like Bitcoin are part of this trend, with the…
Asia-Pacific Cloud Services Trends
GCash simplifies remittances with new UK/EU bank feature
What happened GCash, the Philippines’ leading finance super app, is expanding its international reach with the launch of a new UK/EU Bank Cash In feature. This move aims to simplify remittance transfers for the approximately two million Filipinos living in Europe. From November…
Europe and Middle East National Telecom Trends
Deutsche Telekom complete first GEO satellite SMS trial
What happened Deutsche Telekom, Skylo Technologies, and Qualcomm have successfully completed Europe’s first trial of satellite-based SMS messaging. The trial integrated terrestrial mobile networks with satellite connectivity using 3GPP Release 17’s Direct-to-Handset (D2H)…
Global Institutional Trends
Britain’s crypto rules promise big changes by 2026
____________ What happened The U.K.’s Financial Conduct Authority (FCA) has unveiled a detailed roadmap to establish a robust regulatory framework for cryptocurrency by 2026. The FCA plans to issue a series of discussion papers on key topics such as stablecoin regulation, market…
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