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Global Cloud Services Trends
Major Crypto firms launch new Global Dollar Network
What happened Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos, and Robinhood have unveiled the Global Dollar Network. This network combines the power of major players to encourage stablecoin adoption on a global scale. It will utilize Paxos’ new stablecoin, the…
Asia-Pacific Cloud Services Trends
Top tech news today: November 5, 2024
Top tech news today: Crypto stablecoin network launch, Foxconn’s $80 million chip investment in Vietnam, and ADNOC’s groundbreaking use of AI in the energy sector. 1. Crypto firms launch global stablecoin network A group of crypto companies, including Robinhood and Kraken, has…
Asia-Pacific Cloud Services Trends
SPH Media’s restructuring cut 10% of its tech staff
What happened SPH Media, a leading media company in Singapore, announced on November 4 that it was laying off 34 employees and restructuring the company’s technology division. The layoffs will affect technical staff across teams and levels, representing about 10 percent of the…
Global Cloud Services Trends
TouchDIVER Pro: haptic tech revolutionizing corporate training
What happened Against the backdrop of the rapid development of augmented reality (AR) and virtual reality (VR), WEART will introduce TouchDIVER Pro on November 30, bringing haptic XR interaction to today’s enterprises. The device is an advanced tactile glove designed to provide…
Africa Cloud Services Trends
A new chapter in expansion: SBA makes acquisition in Africa
What happened SBA Communications has taken a major step in expanding its global reach by purchasing 7,000 telecom towers from Millicom for $975 million. This acquisition strengthens SBA’s presence in Central America, giving the company a more significant role in the region’s…
Global Cloud Services Trends
Gabor Cselle joins OpenAI for secretive new project
What happened Gabor Cselle, former CEO and co-founder of Pebble, announced in a post on X on November 2, 2024, that he had officially joined OpenAI. In the post, Cselle expressed his enthusiasm for his new role and promised to reveal more about his work in the future.…
Global Cloud Services Trends
Infineon unveils DEEPCRAFT to enhance Edge AI solutions
What happened Infineon Technologies has announced the launch of DEEPCRAFT, a new software brand focused on Edge AI and machine learning (ML). The DEEPCRAFT brand portfolio will include the existing edge AI software products DEEPCRAFT Studio and DEEPCRAFT Ready Models (previously…
Global Cloud Services Trends
Temera and Zakeke ignite shopping experience with 3D technology
What happened In the latest business update, Temera announced a strategic partnership with Zakeke, which will see Temera integrate Zakeke’s 3D technology and real-time customisation tools into its digital product passport. Officially launched in October 2024. This partnership…
Global Cloud Services Trends
The Future of Banking in a Digital World
Fintech, short for financial technology, began growing rapidly in the early 2000s. By 2017, 64% of global customers used fintech platforms to manage assets and make transactions online. After the 2008 financial crisis, traditional banks struggled to meet regulations and adapt to…
Europe and Middle East Cloud Services Trends
Celebrating Cybersecurity Awareness Month to build a secure digital future
What happened stc Group, in alignment with Saudi Arabia’s Vision 2030, has launched a comprehensive campaign for Cybersecurity Awareness Month to emphasize the importance of digital security. With the theme #BrowseSecurely, the initiative addresses critical issues such as…
Global Cloud Services Trends
Intel’s AI-chip aspirations dim amidst competitive storm
What happened Intel‘s upbeat revenue forecast on Oct. 31 masked a pain point for the beleaguered company: its claimed artificial intelligence chip, the Gaudi accelerator chip, did not meet sales expectations. Intel scrapped the $500 million Gaudi chip sales forecast for 2024.…
Global Cloud Services Trends
Walt Disney unleashes AI and AR: A new era begins
What happened Walt Disney has officially launched a new business unit focused on integrating AI and AR into its diversified operations. According to an email seen by Reuters on Friday, the newly created technical support office will be led by Jamie Voris, who previously oversaw…
Asia-Pacific Cloud Services Trends
China’s DeepRoute.ai raises $100 mln to drive the future
What happened On Nov 4, 2024, Chinese autonomous driving technology developer DeepRoute.ai has raised $100 million in financing from an automaker to strengthen its development of smart driving solutions. DeepRoute.ai aims to drive mass adoption of its system in cars before Tesla…
Global Cloud Services Trends
Apple to offer free repairs for iPhone 14 Plus camera issues
What happened Apple Inc. has unveiled a new service plan that offers complimentary repairs for the rear camera preview issue affecting certain iPhone 14 Plus devices. According to Apple’s service programme page, the affected devices were produced between 10 April 2023 and 28…
Global Cloud Services Trends
Apple acquires Pixelmator to boost its photo editing features
What happened Pixelmator announced on Friday that it is being acquired by Apple. Regulatory authorities still need to approve the acquisition, and the company has not disclosed the specific financial terms. Entrepreneurs founded Pixelmator in 2007, and they headquartered the…
Global National Telecom Trends
Vodafone and Digi team up to acquire Telekom Romania
What happened Vodafone Romania has entered into talks with Digi Communications for a potential acquisition of certain assets from the former state-owned Telekom Romania. Vodafone confirmed in a filing with the London Stock Exchange that Digi has signed a memorandum of…
North America Cloud Services Trends
Top tech news today: November 4, 2024
Top tech news today: Crypto ETF inflows rise before U.S. elections, Nvidia seeks EU approval for Run.AI buyout, and Disney unveils an AI and AR business unit. 1. Crypto ETFs see big inflows pre-election Crypto ETFs are attracting investors in anticipation of increased volatility…
Global Datacenter Trends
AMD shares plummet as the AI revenue forecast dissatisfactory
What happened Shares of AMD (Advanced Micro Devices) fell nearly 10% on Wednesday as its fourth-quarter earnings forecast. It is because that the 2025 revenue target for artificial intelligence data center chips failed to meet the high expectations of AI-focused investors. Since…
Global Cloud Services Trends
How motion capture brings virtual idols to life
Motion capture refers to the technique of recording and processing the movement of a person or other entity.
Global Cloud Services Trends
NTT and Toyota invest $3.3B in AI autonomous driving technology
What happened Japanese tech giant NTT and automaker Toyota Motor Corporation have jointly announced an investment of 500 billion yen (approximately £3.3 billion) to develop AI-driven autonomous driving technology, aiming to eliminate traffic accidents and enhance road safety.…
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