Big Tech alumni shift focus to Bitcoin
Former engineers from Apple, Google, and Cash App are now building on Bitcoin, emphasizing open-source solutions and decentralized finance at the Bitcoin Commons in Austin. Source
RevTech Labs launches new accelerator program
RevTech Labs has introduced its 22nd accelerator, featuring 14 startups focused on FinTech and InsurTech, promoting equitable access to venture funding and innovation within the sectors. Source
BKN301 raises €21.5 million for growth
BKN301 Group secured €21.5 million in Series B funding to enhance its Banking-as-a-Service platform and drive international expansion, addressing financial services innovation. Source
Ericsson implements private 5G for mining
Ericsson has deployed a private 5G network for a remote mining operation, enhancing operational efficiency and safety through advanced connectivity solutions in challenging environments. Source
Telia tests 5G for armored vehicles
Telia’s 5G network enabled the remote operation of Patria armored vehicles during a military exercise, showcasing significant advancements in defense technologies and remote control capabilities. Source
Telefónica sells Peru operations for $900,000
Telefónica has offloaded its Peruvian operations for $900,000, streamlining its business strategy amid ongoing challenges in the telecommunications market. Source
Vodafone and Three explore TV service
Vodafone and Three are considering launching a TV service following their £15 billion merger, aiming to compete more effectively in the UK broadband and media markets. Source
UK invests £121 million in quantum tech
The UK government announced a £121 million investment in quantum technology to enhance research and tackle financial crime, positioning itself as a leader in this emerging field. Source
Starlink launches internet service in Somalia
Elon Musk’s Starlink has officially launched in Somalia, aiming to improve internet access in a country where only 30% of the population currently has connectivity. Source
Meta’s antitrust trial begins over Instagram and WhatsApp
The FTC’s trial against Meta starts, challenging its acquisitions of Instagram and WhatsApp, which the government claims suppress competition in the social media market. Source
Telefonica sells Peruvian unit amidst restructuring
Telefonica has finalized the sale of its Peruvian unit for $900,000, part of a strategic move to streamline operations amid challenging market conditions. Source
Digital Realty expands in Crete
Digital Realty has announced the launch of a new data center in Crete, enhancing its capabilities in the region and supporting growing demand for data services. Source
Ericsson appoints new head for Australia
Ericsson has announced the appointment of a new head for its operations in Australia and New Zealand, aiming to enhance its leadership in the telecommunications sector. Source
Yondr Group’s second data center goes live
Yondr Group has launched its second data center at a 100MW campus in London, expanding its infrastructure to support growing digital demands. Source
Ofcom investigates call center abuse claims
Ofcom is probing a call center firm over allegations of abusive practices, highlighting the regulator’s commitment to ensuring fair treatment in the telecoms industry. Source
Nokia to connect AI factory data centers
Nokia has partnered with ResetData to connect AI-enabled data centers across Australia, enhancing infrastructure for the growing demand in AI and data processing. Source
