Top tech news today: December 3, 2024

Top tech news today: December 3, 2024 is profiled by BTW Media because public-source evidence links it to internet infrastructure, governance, operational dependencies, or market visibility.

1. Kyivstar partners with AWS for AI lab

Veon’s Kyivstar launches a GenAI lab with Amazon Web Services to foster innovation and aid Ukraine’s economic recovery. Veon

Also read: Expired DNSSEC signatures disrupt 26 African TLDs

<h2>2. TIM’s Sparkle sale faces more delays</h2>
<p>The much-anticipated sale of TIM’s Sparkle network is delayed again, complicating plans for its restructuring.
    <a href="https://www.telecoms.com/fibre/tim-s-sparkle-sale-further-delayed" target="_blank" rel="noopener">Telecoms</a>
</p>

<h2>3. ITU boosts infrastructure resilience after Baltic damage</h2>
<p>Following damage to the Baltic cable, the ITU is enhancing infrastructure resilience measures globally, with a focus on China.
    <a href="https://www.telecoms.com/telecoms-infrastructure/as-focus-turns-to-china-over-baltic-cable-damage-itu-moves-to-improve-resilience" target="_blank" rel="noopener">Telecoms</a>
</p>
<p><strong>Also read:</strong> <a href="https://btw.media/en/it-infrastructureundersea-cable-sabotage/" target="_blank" rel="noopener">Chinese ship accused of Baltic undersea cable sabotage</a></p>

<h2>4. BT renews UK emergency services contract</h2>
<p>BT extends its connectivity deal with UK emergency services, ensuring critical communication support continues seamlessly.
    <a href="https://www.telecoms.com/wireless-networking/bt-renews-emergency-services-connectivity-deal" target="_blank" rel="noopener">Telecoms</a>
</p>

<h2>5. Raxio Group appoints Robert Skjødt as CEO</h2>
<p>Raxio Group welcomes Robert Skjødt as CEO to lead its growing data center initiatives across Africa.
    <a href="https://www.capacitymedia.com/article-raxio-group-names-robert-skj%C3%B8dt-as-ceo" target="_blank" rel="noopener">Capacity Media</a>
</p>

<h2>6. Telstra buys Boost Mobile for $100M</h2>
<p>Telstra acquires Boost Mobile in a deal valuing the prepaid phone group at $100 million.
    <a href="https://www.businessnewsaustralia.com/articles/telstra-acquires-boost-mobile-in-a-deal-valuing-pre-paid-phone-group-at--100m.html" target="_blank" rel="noopener">Business News Australia</a>
</p>
<p><strong>Also read:</strong> <a href="https://btw.media/en/it-infrastructurebae-systems-receive-60m/" target="_blank" rel="noopener">BAE Systems, Rocket Lab receive $60M US semiconductor boost</a></p>

<h2>7. Coinbase predicts fast-track crypto laws</h2>
<p>Coinbase expects quick regulatory changes for crypto laws following Trump’s reelection victory.
    <a href="https://www.msn.com/en-us/money/markets/coinbase-policy-chief-expects-speedy-approval-of-crypto-laws-following-trump-s-victory/ar-AA1v6co0" target="_blank" rel="noopener">MSN</a>
</p>

<h2>8. Bybit launches physical crypto card in Brazil</h2>
<p>Bybit unveils a physical card in Brazil, simplifying everyday crypto spending for users.
    <a href="https://thefintechtimes.com/bybit-unveils-physical-bybit-card-in-brazil-removing-barriers-to-everyday-crypto-spending/" target="_blank" rel="noopener">The Fintech Times</a>
</p>

<h2>9. HSBC enhances cross-border payments with Dandelion</h2>
<p>HSBC partners with Dandelion to bolster its cross-border payment solutions.
    <a href="https://thefintechtimes.com/hsbc-bolsters-cross-border-payment-capabilities-in-partnership-with-dandelion/" target="_blank" rel="noopener">The Fintech Times</a>
</p>

<h2>10. Deel acquires Wise competitor Atlantic Money</h2>
<p>Deel expands its financial services portfolio by acquiring Atlantic Money, a rival of Wise.
    <a href="https://www.finextra.com/newsarticle/45154/deel-acquires-wise-competitor-atlantic-money" target="_blank" rel="noopener">Finextra</a>
</p>

<h2>11. ECB issues report on digital euro</h2>
<p>The ECB releases a second progress report on its digital euro initiative, outlining development milestones.
    <a href="https://www.finextra.com/newsarticle/45152/ecb-publishes-second-progress-report-on-digital-euro" target="_blank" rel="noopener">Finextra</a>
</p>

<h2>12. Ripple joins Tenity DeFi Fund</h2>
<p>Ripple aligns with Tenity’s DeFi fund, deepening its role in decentralized finance innovation.
    <a href="https://www.finextra.com/newsarticle/45151/ripple-joins-tenity-defi-fund" target="_blank" rel="noopener">Finextra</a>
</p>

<h2>13. CHIPS sets Black Friday payments record</h2>
<p>CHIPS breaks payment transaction records on Black Friday, highlighting consumer spending resilience.
    <a href="https://www.finextra.com/pressarticle/103420/chips-celebrates-black-friday-by-smashing-payments-record" target="_blank" rel="noopener">Finextra</a>
</p>

<h2>14. Norway joins Eurosystem’s instant payment service</h2>
<p>Norway integrates with Eurosystem’s instant payment infrastructure to advance its financial system.
    <a href="https://www.finextra.com/newsarticle/45147/norway-joins-eurosystems-instant-payment-service" target="_blank" rel="noopener">Finextra</a>
</p>

<h2>15. Peering Asia 6.0 event wraps up</h2>
<p>Peering Asia 6.0 concludes with discussions on network interconnection and infrastructure advancements.
    <a href="https://blog.apnic.net/2024/11/28/event-wrap-peering-asia-6-0/" target="_blank" rel="noopener">APNIC Blog</a>
</p>

<h2>16. Intel CEO Pat Gelsinger steps down</h2>
<p>Intel’s CEO, Pat Gelsinger, retires amid challenges in the company’s market position and chip strategy.
    <a href="https://www.computerworld.com/article/3615493/intel-ceo-pat-gelsinger-retires.html" target="_blank" rel="noopener">Computerworld</a>
</p>

<h2>17. Elon alleges OpenAI funding breach</h2>
<p>Elon Musk claims OpenAI’s latest funding round violated antitrust regulations.
    <a href="https://www.capacitymedia.com/article/elon-claims-openais-funding-round-rules-violated-antitrust-laws" target="_blank" rel="noopener">Capacity Media</a>
</p>