According to the IDC study, European security spending will grow by 12.3% in 2024, marking another year of strong momentum with double-digit growth.

The European Data Protection Board pressed large online platforms to give users free options without targeted ads.

Worldwide IT spending is expected to total $5.06 trillion in 2024, an increase of 8% from 2023, according to the latest forecast by Gartner.

The CEO of Google’s AI division DeepMind Demis Hassabis expects the company would spend over $100 billion on AI.

In the first quarter of 2024, Ericsson reported sales of SEK53.3 billion ($4.9 billion), a 14.9% YoY drop.

According to Canalys’ latest research, worldwide smartphone shipments grew 11% year on year in the first quarter of 2024.

In the first quarter of 2024, Austrian-based A1 Group reported solid results.

The tech war between China and the US continues with bans. Chinese officials ordered operators to remove foreign chips from their networks by 2027.

According to preliminary data from IDC, global smartphone shipments increased 7.8% year over year to 289.4 million units in the first quarter of 2024.

The US Department of Commerce plans to provide Samsung with up to $4.6 billion to expand its semiconductor manufacturing capabilities.

According to Counterpoint Research, the GenAI smartphone share of overall smartphone shipments will reach 11% by 2024 and 43% by 2027 to pass 550 million units in 2027 with 4X growth.

Continuing its mobile network expansion, Swisscom is extending its strategic partnership with Ericsson for another three years, aiming to transform its network into a smart network.

More than 30% of the increase in demand for application programming interfaces (APIs) will come from AI and tools using large language models (LLMs) by 2026, according to Gartner.

Nvidia and Amazon will fund a partnership between the Japanese University of Tsukuba and the University of Washington in the US.

Samsung has maintained its top position in the small medium AMOLED market with a 43% share of the total market, according to Omdia.

Telefónica’s General Shareholders’ Meeting has approved all the resolutions proposed by the Board of Directors with a historic support of over 99% in almost all proposals.

With its Vivalytic analysis platform, Bosch has set itself the goal of making fast and highly precise diagnostics accessible at the point of care – and aims to use molecular diagnostics to become a leading provider in the market by 2030.

Apple announced it will allow second-hand components to be used to fix iPhones.

Meta Platforms altered its policies to permit a greater amount of AI-generated content to remain on Facebook, Instagram, and Threads.