Africa Emerging as Tech Hub with Focus on Developing ICT Sector
Information and Communication Technology (ICT) sector is fast catching up in the African continent with countries in the region committing themselves to development of digital technology, especially in the post COVID-19 era.
U.S. stops granting export licenses for China’s Huawei – sources
The Biden administration has stopped approving licenses for U.S. companies to export most items to China’s Huawei, according to three people familiar with the matter.
Telefonica beats first-quarter profit forecasts
Spain’s Telefonica (TEF.MC) posted a smaller-than-expected fall in first-quarter net profit on Thursday helped by inflation-matching price rises in most markets, operating efficiencies and strength in its cloud and cybersecurity business.
Analysis: Amazon notches up sunny sales, despite client shift to ‘multicloud’,
Amazon.com Inc has racked up four straight quarters of cloud computing sales growth, a streak analysts are calling impressive and easing concerns that a customer shift toward multiple cloud vendors would hurt its leading market share.
France’s OVHcloud picks up speed in Q1, on track for 2022 targets
French cloud computing company OVHcloud (OVH.PA) reported on Wednesday a rise of 13.9% in its first-quarter revenue, and said it was on track to achieve its full-year objectives.
Ericsson to buy cloud firm Vonage for $6.2 bln
Mobile telecoms equipment maker Ericsson (ERICb.ST) said on Monday it had agreed to buy cloud communications firm Vonage for $6.2 billion.
IBM quarterly revenue beats on cloud strength, shares rise
IBM (IBM.N) reported second-quarter revenue on Monday that beat analysts’ estimates, as a recovery in client spending powered strong growth in its cloud and consulting businesses.
With cloud and AI, IBM broadens 5G deals with Verizon and Telefonica
IBM (IBM.N) will offer telecom operators Verizon (VZ.N) and Telefonica (TEF.MC) new services ranging from running 5G over a cloud platform to using artificial intelligence, the U.S. technology company said on Monday.
EXCLUSIVE SoftBank tech fund in talks to invest in Dubai cloud kitchen Kitopi-sources
SoftBank Group Corp (9984.T) is in talks to invest in Dubai “cloud kitchen” Kitopi’s latest funding round through its second technology fund, sources familiar with the matter said.
Israel picks Amazon’s AWS, Google for flagship cloud project
Israel’s government chose Amazon Web Services (AWS) (AMZN.O) and Google for a more than $1 billion project to provide cloud services for the country’s public sector and military. Amazon and Google beat out Microsoft (MSFT.O), Oracle (ORCL.N) and IBM (IBM.N) in the tender for the four phase project known as “Nimbus”, the Finance Ministry said on Wednesday. They will establish local cloud […]
