Internet shutdowns cost the world economy $50bn

Last year, almost 750-million people worldwide were affected by government-caused Internet blockages and shutdowns. By controlling, partially blocking, or even going into full internet blackouts, governments not only cut people off from information but also caused...

AMD, Sony partner on LiDAR automotive reference design

AMD’s adaptive computing technology has been selected by Sony Semiconductor Solutions (SSS) for its newest automotive LiDAR reference design. SSS and AMD joined forces to deliver a powerful and efficient LiDAR solution for use in autonomous vehicles. Using...
Intel gets $8,5bn direct funding under CHIPS Act

Intel gets $8,5bn direct funding under CHIPS Act

Intel and the US Department of Commerce have signed a non-binding preliminary memorandum of terms (PMT) for up to $8,5-billion in direct funding to Intel for commercial semiconductor projects under the CHIPS and Science Act. CHIPS Act funding aims to increase US...

Data, fintech services key for MTN

MTN has reported that group service revenue grew by 6,9% (13,5% in constant currency after accounting for the impact of the pro forma adjustments) for the year ended 31 December 2023, to R210,1-billin (2022: R196,5-billion). EBITDA (before once-off items) was down by...

Campus switch market declines as backlog normalises

According to a recent report by Dell’Oro Group 4Q 2023 worldwide Campus Switch sales declined by 4% year-over-year (Y/Y), marking the first quarter of decline since 4Q 2020 and signaling the onset of a multi-quarter digestion cycle in the market. Vendor...

Justice Department sues Apple

The Justice Department, joined by 16 other state and district attorneys general, has filed a civil antitrust lawsuit against Apple for monopolisation or attempted monopolization of smartphone markets in violation of Section 2 of the Sherman Act. The complaint, filed...