One-Third of eCommerce Spending to Be Cross-Border by 2028
The value of the cross-border eCommerce will exceed $3.3 trillion in 2028, from $1.6 trillion in 2023, according to Juniper Research.
HT and Crnogorski Telekom Sign 5G Core Contract With ENT
Hrvatski Telekom and Crnogorski Telekom have selected Ericsson Nikola Tesla as the sole supplier of software and connected services for the implementation of its new 4G/5G Core network.
Google Unveils GenAI Solution Gemini
Google unveiled its Gemini AI family, a generative AI solution that will process volumes of different types of information including text, code, audio, image, and video.
Infobip Unveils AI Hub for Conversational Customer Experiences
Infobip has launched AI Hub, a comprehensive AI overhaul of its platform to help businesses create seamless end-to-end conversational experiences across the whole customer journey.
Middle-Eastern Companies Form Largest Tower Entity in the Region
Ooredoo signed an agreement with Zain and TASC Towers to create the largest tower company in the MENA region, with a combined enterprise value of $2.2 billion.
Hrvatski Telekom Prepares for 3G Network Shutdown
Hrvatski Telekom is starting preparations for shutting down 3G technology.
AT&T CEO Says Ericsson Deal Is Opportunistic
During an investor conference, AT&T CEO John Stankey spoke about a $14 billion open RAN deal with Ericsson.
Wearables Show Modest Shipments Growth and Strong Volume in 3Q23
Worldwide shipments of wearable devices grew 2.6% year over year during the third quarter of 2023, and reached an all-time high for the third quarter of 148.4 million units, according to IDC.
Digital Wallets Transaction Value to Surpass $16 Trillion by 2028
The total value of digital wallet transactions will rise from $9 trillion in 2023 to surpass $16 trillion in 2028, a rise of 77%, according to Juniper Research.
Telefonica Records a Large Jump in Profit in 2Q23
Telefonica accelerated growth during the second quarter of the year.
AMD Reports Lower Revenue and Profits in 2Q23
AMD announced revenue for the second quarter of 2023 of $5.4 billion, a gross margin of 46%, an operating loss of $20 million, a net income of $27 million, and diluted earnings per share of $0.02.
Pangu-Weather Model Now Available on ECMWF Website
Huawei Cloud's Pangu-Weather Model, an AI model for global weather forecasting, is now available on the website of the European Centre for Medium-Range Weather Forecasts (ECMWF).
IBM Completed Acquisition of Apptio
IBM completed its acquisition of Apptio after receiving all required regulatory approvals.
Shanghai Ranked Number 1 Smart City for Asia in 2023
A new study from Juniper Research has selected Shanghai as the leading smart city in Asia in 2023.
Ericsson to Reduce Staff in North America
Ericsson plans to fire more than 750 employees from its North American field services operation later this year.
HT and Crnogorski Telekom Sign 5G Core Contract With ENT
Hrvatski Telekom and Crnogorski Telekom have selected Ericsson Nikola Tesla as the sole supplier of software and connected services for the implementation of its new 4G/5G Core network.
Hrvatski Telekom Prepares for 3G Network Shutdown
Hrvatski Telekom is starting preparations for shutting down 3G technology.
Google Unveils GenAI Solution Gemini
Google unveiled its Gemini AI family, a generative AI solution that will process volumes of different types of information including text, code, audio, image, and video.
Qualcomm Unveils Gen 3 Snapdragon 7-Series Platform
Qualcomm announced the Snapdragon 7 Gen 3 Mobile Platform.
Samsung Weary on Smartphone Recovery in H2
Samsung forecasts double-digit profitability in its mobile division on a full-year basis.
Germany to Subsidize Chip Industry with €20 Billion
The German government prepared an amount of €20 billion to be distributed by 2027 to bolster the semiconductor industry.
America Movil Increases Its Stake in A1 Group
America Movil increased its stake in A1 Telekom Austria by a further 5.5% for an undisclosed sum.
Smartphone Shipments Continue to Decline in 2Q23
Worldwide smartphone shipments declined 7.8% year over year to 265.3 million units in the second quarter of 2023, according to preliminary data from IDC.
T-Mobile Had the Highest Q2 Subscriber Adds in Eight Years
T-Mobile US reported post-paid phone additions of 760,000 in the second quarter of 2023.
IBM and NASA Open Source Geospatial AI Foundation Model
IBM and open-source AI platform Hugging Face announced that IBM's watsonx.ai geospatial foundation model - built from NASA's satellite data - will now be openly available on Hugging Face.