Latin America and Caribbean Cloud Services Trends
Latin America and Caribbean Cloud Services Trends
Cloud Service trend intelligence tracks cloud computing market trends, AI infrastructure demand, hybrid cloud adoption, edge deployment, platform competition, and data centre capacity pressure in Latin America and the Caribbean, giving readers a fuller view of the demand shifts, capacity constraints, platform strategies, capital timing, regulatory pressure, and operating assumptions behind the market.
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Latin America and Caribbean Cloud Services Trends
El Salvador and Argentina collaborate to grow crypto industry
El Salvador and Argentina sign a historic agreement to foster crypto industry growth.
Latin America and Caribbean Cloud Services Trends
Mastercard partners with Sympla and Yuno to launch Payment Passkey
What happened: Mastercard Payment Passkey debuts Mastercard has partnered with Brazil’s leading events platform, Sympla, and Latin American payments orchestrator Yuno to introduce its Payment Passkey Service in the region. Starting in January, these companies will be the first to…
Latin America and Caribbean Cloud Services Trends
Bybit unveils physical card in Brazil to simplify crypto spending
What happened Bybit, a leading cryptocurrency exchange, has introduced its first physical crypto card in Brazil, designed to make digital currencies more practical for everyday use. The card allows users to convert cryptocurrencies like Bitcoin, Ethereum, and USDT directly into…
Latin America and Caribbean Cloud Services Trends
Costa Rica cyberattack underscores need for regional cybersecurity
What happened Costa Rica faced a series of cyberattacks that disrupted critical services such as healthcare and payroll in April 2022. As a result, the country declared a national emergency—the first of its kind in Latin America. The incident showed the urgent need for stronger…
Latin America and Caribbean Cloud Services Trends
Chainlink consortium joins Drex pilot for trade finance in Brazil
What happened Brazil’s central bank is advancing its digital currency project, Drex, with a new trade finance pilot led by a consortium of major tech and financial players. The initiative includes Banco Inter, Microsoft Brazil, 7COMm, and blockchain firm Chainlink, which will…
Latin America and Caribbean Cloud Services Trends
ODATA invests $1.3B to construct two new data centres in Colombia
What happened ODATA will invest $1.3 billion to build two new data centers to meet the surging demand for high-capacity facilities from AI and cloud providers. The two new expansion plans are named DC BG02 and DC BG03. DC BG02 is in the Zona Franca de Occidente in Mosquera, while…
Latin America and Caribbean Cloud Services Trends
X faces additional $1.9M fine to end ban in Brazil
X faces a $1.9 million fine in Brazil to lift the ban and resume operations, with Starlink required to drop its appeal.
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 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 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 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…