telecommunication
The decision by Carlos Slim to buy a £400m (€473m) stake comes weeks after the company unveiled a major shake-up. Share in BT jumped by 10% last month after BT's newly appointed CEO Alison Kirby outlined plans to double cash flow over the next five years and implement an aggressive strategy to cut £3 billion in costs. Carlos Slim who made his fortune in telecoms in Latin American also has interests in energy, banking and construction. He joins the French telecoms billionaire, Patrick Drahi and the former Germany monopoly Deutsche Telekom as major BT shareholders. A spokesman for Mr Slim's Grup...
Euronews (English)
By Glenn CHAPMAN avec Thomas URBAIN à New York San Francisco (AFP) - La semaine s'annonce cruciale pour Apple, qui doit présenter, lors de sa conférence annuelle en Californie destinée aux développeurs, ses nouveautés intégrant l'intelligence artificielle (IA) générative et tenter de refaire une partie du retard accumulé sur ses grands concurrents. Un an et demi après le lancement de ChatGPT, l'interface d'OpenAI, en novembre 2022, la marque à la pomme apparaît, aux yeux du public et de Wall Street, en retrait de Microsoft, Google, Amazon ou Meta, qui tapissent leur communication d'IA générati...
AFP (Français)
San Francisco (AFP) - Apple on Monday will attempt to persuade doubters on its AI strategy after rivals raced ahead in adopting artificial intelligence. AI and perhaps even a partnership with ChatGPT-maker OpenAI will likely be a driving theme at the kickoff of Apple's WWDC developers' conference in Silicon Valley, according to analysts. The conference is Apple's annual rendezvous for developers who create apps for iPads, Macs and iPhones -- and CEO Tim Cook will work hard to convince his audience that the company is a major AI player. While Apple has been quietly including AI features in its ...
AFP
San Francisco (AFP) - Apple is expected to make the case next week that it is not being left behind as tech world rivals blaze ahead with artificial intelligence. AI and perhaps even a partnership with ChatGPT-maker OpenAI will likely be a driving theme at the Monday kickoff of Apple's annual WWDC developers' conference in Silicon Valley, according to analysts. The conference is an annual jamboree for developers who create apps and software for Apple's ecosystem, and CEO Tim Cook will work hard to persuade them that the company is a key AI player as rivals Microsoft and Google roll out innova...
AFP
In results released today, Iliad reported a 56.2% rise in profits for the three months to the end of March, which came in at €93 million. EBITDAaL, earnings before interest, taxes, depreciation and amortisation after leases, was recorded at €878 million euros, a jump of 12.2%. Underlying these strong profit figures, meanwhile, were robust revenues, which rose 11.2% over the quarter to €2.43 billion. Looking forward, Iliad also confirmed its €10 billion revenue target for 2024 and added that it hopes to become Europe's fifth-largest mobile operator this year. "The first quarter of 2024 marked a...
Euronews (English)
A coalition of German and Lithuanian, Latvian and Estonian digital ministers have called upon the next European Commission to focus on digital infrastructure, standards and data sharing to improve the Bloc’s competitiveness during the upcoming mandate. In a press conference today (27 May), the ministers of the four countries – united in the so-called “Innovation Club” – presented their vision for the focus of the next Commission, taking office after the June EU election. They call for completion of the Digital Single Market and for more pragmatism and more efficient procedures along the way. T...
Euronews (English)
EU telecom ministers today (21 May) called upon the next European Commission to leave enough time for coherent implementation of tech laws, instead of presenting more digital regulation. In their “Future of Digital Policy” conclusions, meant as input for the incoming Commission which will begin after the EU elections, ministers from the 27 countries noted the “significant number” of EU legislative acts that have been adopted in recent years, and “stress the need to prioritise in the coming years their effective and efficient implementation." The Commission led by Ursula von der Leyen presented...
Euronews (English)
Telefonica on Thursday announced that its first-quarter adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) came to €3.2 billion. That represents a year-on-year increase of 1.9%, in line with analysts' expectations. First-quarter net profit rose by 79% over the year, reaching €532 million, out of revenues of €10.14 billion. The company confirmed its outlook for the year, which aims for revenue growth of around 1% and operating cash flow growth of between 1% and 2%. Operating cash flow growth is the long term rate of growth of cash generated from business operations a...
Euronews (English)
A US regulator voted on Thursday to restore "net neutrality" rules which prevent internet providers from favouring certain websites over others. The move will bring back "a national standard to ensure the internet is fast, open, and fair," the Federal Communications Commission (FCC) said on Thursday. It restores an order that was first issued in 2015 under the Obama administration and later repealed under the Trump administration. The measure passed Thursday on a 3-2 vote split along party lines, with Democratic commissioners in favour and Republicans opposed. Net neutrality requires internet ...
Euronews (English)
Ukraine estimates that it will need $4.67 billion (€4.38 billion) over 10 years to repair an overlooked but expensive casualty in the ongoing Russian invasion: its telecommunications network. Stanislav Prybytko, the Director-General of the Directorate for mobile broadband in Ukraine’s Ministry of Digital Transformation, told Euronews Next in a series of estimates that Russia has destroyed over 4,300 mobile base stations and a quarter of the country’s internet networks since February 2022. The country’s fibre optic network has also been impacted, with more than 30,000 km of cables spread out th...
Euronews (English)
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