Meta Fined €251 Million in Ireland for Data Breach
Irish Data Protection Commission (DPC) fined Meta Platform Ireland €251 million after two inquiries into a data breach that impacted approximately 29 million global Facebook accounts.
Business
TIM Gets €700 Million Sparkle Offer
Telecom Italia received a binding offer from the Ministry of Economy and Finance and infrastructure company Retelit to buy the operator’s wholesale unit Sparkle.
Microsoft to Book $800 Million from GM Self-Driving Hit
General Motors will abandon its Cruise self-driving taxi business, Microsoft revealed.
Women in Digital Conference at Croatian FOI
The Women in Digital conference was held at the Faculty of Organization and Informatics (FOI) in Varaždin.
Speculations on TiM Stake Sale Returns to Focus
The ownership structure of Telecom Italia has once again come into the spotlight.
Infobip Partners with Telekom Business Europe
Infobip and Telekom Business Europe have partnered to enhance the telco’s communication platform solutions.
EC Opens Investigation into TikTok on Romanian Election Risks
The European Commission has opened formal proceedings against TikTok for a suspected breach of the Digital Services Act (DSA).
US Court Rejects TikTok's Appeal to Delay Service Ban
A US appeals court rejected an attempt by ByteDance to delay a ban on its social media platform TikTok in the country.
EC Continues to Push Deployment of the IRIS² Secure Satellite System
The European Commission has signed the concession contract for the IRIS², a multi-orbital constellation of 290 satellites, with the SpaceRISE consortium.
Microsoft Sells Metaswitch to Alianza
Microsoft agreed to sell software company Metaswitch to cloud player Alianza.
Bosch Sells Security and Communications Business to Triton
Bosch is selling its Building Technologies division’s product business for security and communications technology to the European investment firm Triton.
TSMC Recorded Growth in Nine Consecutive Quarters
Taiwan Semiconductor Manufacturing Co. had a ninth consecutive quarter of nearly 30% growth.
China Launches Anti-Monopoly Probe of Nvidia
China started an investigation of Nvidia for allegedly violating anti-monopoly laws related to its 2020 acquisition of Mellanox Technologies.
HT Awarded for the Best European Sustainability Campaign
Hrvatski Telekom's 'The Call You Have to Take' platform, has been recognized as the best European campaign in sustainability communication.
Seven Consortia to Establish AI Factories and Boost EU Innovation
The European High-Performance Computing Joint Undertaking (EuroHPC) has selected seven proposals to establish and operate the first AI Factories across Europe.
Apple to Switch to Own Modems in the Next Three Years
Apple’s self-developed modems will replace Qualcomm solutions in iPhones by 2027.
Zalando acquires ABOUT YOU for 1.1 billion euros
Zalando has decided to acquire its competitor ABOUT YOU, according to both companies, in order to better serve the needs of customers and partners through their combined and diverse B2C and B2B offerings, enabling the combined group to cover a larger share of the European fashion and lifestyle e-commerce market. The companies have entered into a definitive merger agreement under which Zalando intends to submit a voluntary public tender offer to acquire up to 100% of the share capital of ABOUT YOU.
EC Awards STEP Seals for Projects in Strategic Technologies
The European Commission has published the first projects that were awarded a Strategic Technologies for Europe Platform (STEP) Seal.
US to Increase Funding to Replace Chinese Network Equipment
The US House of Representatives will vote on a new defense bill that could provide telecom companies in the country more than $3 billion.
US Forces TikTok to Take the Fight to Supreme Court
A US appeals court last week rejected arguments to stop legislation that requires ByteDance to sell its US TikTok assets or be banned.
