Rimac Finishes First Phase of Its Zagreb Campus with Total Investment of €120 million
Phase one of the Rimac Campus, the new home of the Rimac Group in Croatia, has now completed construction, representing around 70% of the total Campus site.
Enterprise Losses from AIT to Halve Over the Next Five Years
A new study from Juniper Research has found that the global cost of Artificially inflated traffic (AIT) to enterprises is set to decline by 55% between 2024 and 2029.
Xi Urges G20 Leaders to Make AI Available for All
Chinese President Xi Jinping appealed to G20 leaders to ensure the benefits of AI are felt beyond the world’s wealthiest nations.
Cloud Spending Surged 21 Percent in 3Q24
In the third quarter of 2024, global spending on cloud infrastructure services increased by 21% year on year, reaching $82 billion, according to Canalys.
Ekholm Said to Consider Ericsson's Relocation to the US
Ericsson CEO Borje Ekholm is considering relocating the company's headquarters from Sweden to the US.
Mixed and Extended Reality Headsets to Drive Growth Through 2028
The decline in worldwide shipments of AR/VR headsets continued during the second quarter of 2024 as volumes contracted 28.1% to 1.1 million units, according to IDC.
Barcelona to Host Talent Arena Alongside MWC
Mobile World Capital Barcelona announced the creation of Talent Arena, a developer-focused event. It will be held in parallel to MWC Barcelona.
Enterprise Losses from AIT to Halve Over the Next Five Years
A new study from Juniper Research has found that the global cost of Artificially inflated traffic (AIT) to enterprises is set to decline by 55% between 2024 and 2029.
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.
Sheriff Named as Rimac Group CEO
The Rimac Group and its founder, Mate Rimac, have appointed Antony Sheriff to the role of CEO of the group.
Xi Urges G20 Leaders to Make AI Available for All
Chinese President Xi Jinping appealed to G20 leaders to ensure the benefits of AI are felt beyond the world’s wealthiest nations.
HT and Markoja Introduce Wooden Telecommunications Tower
Hrvatski Telekom and Markoja inaugurated the wooden telecommunications tower Ecopol.
OpenAI Unveils ChatGPT Search
OpenAI unveiled a ChatGPT Search model it stated provides more in-depth answers than other competitors.
Lenovo Assembled Supercomputer for ENEA
ENEA, the Italian National Agency for New Technologies, Energy, and Sustainable Economic Development, has selected Lenovo for the installation of an HPC system at the Portici hub.
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.