EC Opens Formal Proceedings Against Meta
The European Commission has opened formal proceedings to assess whether Meta, the provider of Facebook and Instagram, may have breached the Digital Services Act in areas linked to the protection of minors.
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DT Stays on Track for Growth in 1Q24
Deutsche Telekom’s growth trajectory continues after the operator group got off to a successful start in 2024.
AWS to Establish €7.8 Billion Worth European Sovereign Cloud
Amazon Web Services outlined a plan to establish an independent cloud in Europe.
CROZ Successfully Held Its 16th QED Conference
QED, a biz-tech conference organized by CROZ for 16 years, aimed to bring industry professionals together in one place to learn and connect.
Siemens and Foxconn Start New Collaboration
Siemens and Hon Hai Technology Group (Foxconn) have signed a memorandum of understanding (MoU) to drive digital transformation and sustainability in smart manufacturing platforms.
Consumers Willing to Pay 9.7 Percent Sustainability Premium
Consumers are willing to spend an average of 9.7% more on sustainably produced or sourced goods, according to the PwC 2024 Voice of the Consumer Survey.
Intel Seeks $11 Billion Funding for Irish Investment
Intel entered into advanced discussions with a US-based investment company for $11 billion in funding for a chip manufacturing plant in Ireland.
Spendgo Partners with Infobip to Embed Omnichannel Platform
Infobip has partnered with Spendgo, the loyalty and identity platform, to embed omnichannel communications throughout its loyalty programs.
Regulators Approve Vodafone Spain Sale
The country’s regulators approved Vodafone’s sale of its Spain operations to Zegona Communications.
Workplace Transformation Will Boost European AR/VR Spending in 2024
According to IDC, European augmented reality and virtual reality (AR/VR) spending will reach $4.8 billion in 2024.
Apple Close to GenAI Deal with OpenAI
Apple is reportedly close to agreeing with OpenAI to use the company’s ChatGPT features in its upcoming iOS 18.
EC Designates Booking as a Gatekeeper
The European Commission has designated Booking as a gatekeeper under the Digital Markets Act (DMA) for its online intermediation service Booking.com and decided not to designate X Ads and TikTok Ads.
Microsoft to Invest €4 Billion in French Cloud and AI Infrastructure
Microsoft is considering France as the site of its next major investment in cloud and AI.
Korea Weighs Financing Options for $7.3 Billion Chip Program
South Korean government is preparing a program worth KRW10 trillion ($7.3 billion) to support local makers of chips and related components and materials.
Microsoft Is Developing a New AI Model
Microsoft is reportedly building a new AI model.
Buy Now, Pay Later Users to Exceed 670 Million by 2028
A new study from Juniper Research found that by 2028, the BNPL (Buy Now, Pay Later) user base will increase by 107%, from 380 million users in 2024.
T-Mobile US Plans to Buy Part of UScellular
T-Mobile US conducted discussions to buy a piece of UScellular.
63 Percent of Organizations Implemented a Zero-Trust Strategy
According to a Gartner survey, 63% of organizations worldwide have fully or partially implemented a zero-trust strategy.
Vodafone and 3 UK Deal Gets Conditional Clearance
A plan to merge UK operators Vodafone and 3 passed a national security assessment.
GenAI Spending to Reach $26 Billion by 2027
IDC's Worldwide AI and Generative AI Spending Guide reveals that the Asia/Pacific region is witnessing an unprecedented surge in Generative AI (GenAI) adoption, including software, services, and hardware for AI-centric systems with spending projected to soar to $26 billion by 2027, with a compound annual growth rate (CAGR) of 95.4 percent for the period 2022-2027.
