Latest news

Government Boosts Technical Education in U.K.

Government Boosts Technical Education in U.K.

23 Jan 2017 comment

U.K. Prime Minister Theresa May will plow 170 million pounds into setting up new technology institutes, placing scientific education at the heart of her drive to boost Britain’s productivity through a new industrial strategy unparalleled since the 1980s, according to Bloomberg.

Telia Builds New Route From Stockholm to St. Petersburg

Telia Builds New Route From Stockholm to St. Petersburg

23 Jan 2017 comment

Telia Carrier announced that it has established a new route stretching from Stockholm to St. Petersburg via Tallinn, and has upgraded multiple submarine cables to future proof its network, bringing lower latency and additional capacity. The new route further diversifies the wholesale carrier’s network and the upgrade enables Telia Carrier to provide 100G+ services to carriers, content and cloud providers in the Baltics, Russia and beyond.

Mobile Payment Market With Transaction Volume for 2015 Surging by 322.2%

Mobile Payment Market With Transaction Volume for 2015 Surging by 322.2%

23 Jan 2017 comment

Increasingly popular smartphone, further implementation of „Internet +“ program and continuous technological innovation have fueled the rapid growth of the Chinese mobile payment market with transaction volume for 2015 surging by 322.2% to RMB130.18 trillion and expected to maintain an AAGR of 142% over the next couple years to hit RMB13,776.5 trillion in 2020.

Global Internet of Things Security Market to Grow at an Impressive CAGR of 48% Through 2021

Global Internet of Things Security Market to Grow at an Impressive CAGR of 48% Through 2021

23 Jan 2017 comment

According to the latest market study released by Technavio, the global internet of things (IOT) security market is expected to grow at a CAGR of close to 48% during the forecast period.

Battery Design and Assembly Caused Note 7 Fires

Battery Design and Assembly Caused Note 7 Fires

23 Jan 2017 comment

In a presentation and news conference that lasted more than two hours, Samsung detailed the results of its investigation into Note 7 smartphones that overheated and burst into flames last year, according to Bloomberg. There were few surprises. While the company cited flaws in battery manufacturing and design for the fiasco, it took full legal responsibility and vowed never to let it happen again.

Apple Is Ready to Start Making iPhones in India

Apple Is Ready to Start Making iPhones in India

23 Jan 2017 comment

Apple is willing to start making iPhones in India, but it wants a big helping hand from Narendra Modi’s government first, according to Bloomberg. The company is scheduled to meet with officials in New Delhi this week to discuss the prospects for setting up manufacturing facilities in the country this year.

Robotics Veteran Raises Venture Capital to Build Exoskeleton

Robotics Veteran Raises Venture Capital to Build Exoskeleton

22 Jan 2017 comment

The word "robot" conjures images of bulky, metal humanoid objects moving awkwardly. Robotics veteran Rich Mahoney is trying to change that perception by creating a robotic exoskeleton people can wear, according to Bloomberg.

Big Data Experiment Tests Central Banking Assumptions in Norway

Big Data Experiment Tests Central Banking Assumptions in Norway

22 Jan 2017 comment

Central bankers may do well to pay less attention to the bond market and their own forecasts than they do to newspaper articles, according to Bloomberg. That’s the finding of a new algorithm-based index being tested at Norway’s central bank in Oslo. Researchers fed 26 years of news (or 459,745 news articles) from local business daily Dagens Naringsliv into a macroeconomic model to create a “newsy coincident index of business cycles” to help it gauge the state of the economy.

Sheryl Sandberg Unveils Startup Garage in Paris

Sheryl Sandberg Unveils Startup Garage in Paris

22 Jan 2017 comment

Facebook will open a startup incubator at Paris’s soon-to-debut entrepreneur campus created by billionaire Xavier Niel, as COO Sheryl Sandberg vows to keep investing in France, according to Bloomberg.

Amazon to Create 100,000 New Jobs in U.S. in Next 18 Months

Amazon to Create 100,000 New Jobs in U.S. in Next 18 Months

14 Jan 2017 comment

Amazon revealed plans to hire more than 100,000 people in the U.S. in the next 18 months, grabbing the spotlight as President-elect Donald Trump pushes companies to employ more Americans, according to Bloomberg. The move could appease Trump, who tangled with Amazon CEO Jeff Bezos during the election campaign.

The Rise of the Chief Data Officer Signals an Age of Infinite Possibilities

The Rise of the Chief Data Officer Signals an Age of Infinite Possibilities

12 Jan 2017 comment

At the end of last year, Gartner estimated that 25 percent of large global organizations had already hired a chief data officer (CDO). By 2019, Gartner expects that number to reach 90 percent. "This rapid shift is the tip of the iceberg," said Ted Friedman, research vice president and distinguished analyst at Gartner, and summit chair for the Gartner Data & Analytics Summits.

Government Boosts Technical Education in U.K.

Government Boosts Technical Education in U.K.

23 Jan 2017 comment

U.K. Prime Minister Theresa May will plow 170 million pounds into setting up new technology institutes, placing scientific education at the heart of her drive to boost Britain’s productivity through a new industrial strategy unparalleled since the 1980s, according to Bloomberg.

Mobile Payment Market With Transaction Volume for 2015 Surging by 322.2%

Mobile Payment Market With Transaction Volume for 2015 Surging by 322.2%

23 Jan 2017 comment

Increasingly popular smartphone, further implementation of „Internet +“ program and continuous technological innovation have fueled the rapid growth of the Chinese mobile payment market with transaction volume for 2015 surging by 322.2% to RMB130.18 trillion and expected to maintain an AAGR of 142% over the next couple years to hit RMB13,776.5 trillion in 2020.

Global Internet of Things Security Market to Grow at an Impressive CAGR of 48% Through 2021

Global Internet of Things Security Market to Grow at an Impressive CAGR of 48% Through 2021

23 Jan 2017 comment

According to the latest market study released by Technavio, the global internet of things (IOT) security market is expected to grow at a CAGR of close to 48% during the forecast period.

Telia Builds New Route From Stockholm to St. Petersburg

Telia Builds New Route From Stockholm to St. Petersburg

23 Jan 2017 comment

Telia Carrier announced that it has established a new route stretching from Stockholm to St. Petersburg via Tallinn, and has upgraded multiple submarine cables to future proof its network, bringing lower latency and additional capacity. The new route further diversifies the wholesale carrier’s network and the upgrade enables Telia Carrier to provide 100G+ services to carriers, content and cloud providers in the Baltics, Russia and beyond.

Big turmoil in H1 Telekom – shareholders' fight and possible takeover of Optima Telekom

Big turmoil in H1 Telekom – shareholders' fight and possible takeover of Optima Telekom

20 Jan 2017 comment

H1 Telekom Shareholders' Assembly, which should take place next Wednesday, January 25, is the decisive factor for the reshuffling and the future of that alternative telecom operator. Namely, the word on the telecom market is, confirmed for ICTbusiness.info by several completely independent sources, that the bankruptcy of H1 Telekom could happen on the very next day.

Turkey’s First Ever Test of 5G Technologies Achieved Speeds of 24.7 Gbps

Turkey’s First Ever Test of 5G Technologies Achieved Speeds of 24.7 Gbps

19 Jan 2017 comment

While continuing its efforts to develop next generation communications technologies, Turkcell has once again proved its pioneering status by completing Turkey’s first ever 5G test. Carried out in cooperation with Ericsson, the trial reached speeds of 24.7 Gbps on the 15GHz band and represented one of the first 5G tests in the world.

Big Data Experiment Tests Central Banking Assumptions in Norway

Big Data Experiment Tests Central Banking Assumptions in Norway

22 Jan 2017 comment

Central bankers may do well to pay less attention to the bond market and their own forecasts than they do to newspaper articles, according to Bloomberg. That’s the finding of a new algorithm-based index being tested at Norway’s central bank in Oslo. Researchers fed 26 years of news (or 459,745 news articles) from local business daily Dagens Naringsliv into a macroeconomic model to create a “newsy coincident index of business cycles” to help it gauge the state of the economy.

COMBIS launched a web portal with the biggest Cloud offer in Croatia

COMBIS launched a web portal with the biggest Cloud offer in Croatia

19 Jan 2017 comment

Leading IT service provider in Croatia COMBIS launched cloud.combis.hr, web portal that includes the widest Cloud offer in Croatia intended for business customers. Portal's goal is to educate readers about numerous possibilities of Cloud in modern business, having in mind the fact that every company has its own specific business and Cloud needs.

Android Creator Nears Comeback With

Android Creator Nears Comeback With "Essential" Phone

17 Jan 2017 comment

Just over two years after leaving Google, creator of the Android operating system Andy Rubin is preparing to take on the smartphone industry he helped create, according to BLoomberg. Rubin is planning to marry his background in software with artificial intelligence in a risky business: consumer hardware.

Robotics Veteran Raises Venture Capital to Build Exoskeleton

Robotics Veteran Raises Venture Capital to Build Exoskeleton

22 Jan 2017 comment

The word "robot" conjures images of bulky, metal humanoid objects moving awkwardly. Robotics veteran Rich Mahoney is trying to change that perception by creating a robotic exoskeleton people can wear, according to Bloomberg.

Alphabet Says It Shut Down Titan Drone Internet Project

Alphabet Says It Shut Down Titan Drone Internet Project

18 Jan 2017 comment

In 2014, Google and Facebook vied to acquire Titan Aerospace, a maker of high-altitude solar-powered drones. Google won the bidding, so Facebook purchased its own company, which was building a huge glider called Aquila, according to Bloomberg.

FAA Fines Chicago Drone Operator $200,000 Over Illegal Flights

FAA Fines Chicago Drone Operator $200,000 Over Illegal Flights

17 Jan 2017 comment

A drone photography company that was the subject of the highest-profile attempt by a U.S. regulator to enforce aviation law on unmanned aircraft has agreed to pay a $200,000 fine to settle a 2015 case, according to Bloomberg. In its defense, the company said it has never had an accident.