LONDON/PARIS (Reuters) - Debt-burdened telecom carrier Altice Europe is gearing up to sell a stake in its high-speed fiber network business in Portugal, sources familiar with the matter told Reuters, with an auction process expected to kick off within a fortnight. Altice, which took control of Portugal Telecom in 2015, is looking to replicate its recent sale of a 49.99 percent stake in French fiber optic business SFR FTTH to three investment funds for 1.8 billion euros. The group, whose founder is billionaire Patrick Drahi, has hired Lazard to sound out potential bidders including U.S. funds KKR and Morgan Stanley Infrastructure Partners, the three sources said. Information packages on the Portuguese network are expected to be dispatched in the next couple of weeks detailing how Altice will split costs and margins between its telecom services division and cable network in Portugal, the sources said. Morgan Stanley’s infrastructure arm bought 75 percent of Altice’s … [Read more...] about Altice gears up for Portugal cable network sale: sources
Updated at Saturday, 22 Dec 2018, 19:18 The Hanoitimes - These innovation centers will not only be a place to promote the introduction of technology into economic development but also become a place to create new technologies in Vietnam. The establishment of the National Innovation Center (NIC) is key for promoting economic development based on science, technology, and innovation, Minister of Planning and Investment Nguyen Chi Dung said at a conference in Hanoi on December 21. Minister Dung emphasized that the Industrial Revolution 4.0 is fundamentally changing different industries and posing challenges for countries to adapt and address negative effects on the economy. Illustrative photo The world has had many successful lessons in building a creative innovation center with huge economic impact such as the ones in Beijing (China), in Seoul (South Korea) or CyberSpark at Beer Sheva (Israel). The center must be a place with good business environment and competitive … [Read more...] about Vietnam establishes National Innovation Center to bolster economic development
We're watching Facebook crash and burn following not only the Cambridge Analytica scandal — where the data of more than 87 million users was misappropriated and sold to vote manipulators in the U.S. and U.K. — but years of privacy violations and misconduct, including attempts at psychological manipulation using the News Feed. Google is once again in the news for once again trying to scrape data from users who've told them, repeatedly in many cases, they don't want to share it. Everyone from government agencies to ride-sharing services have been caught abusing data and illegally tracking people, and yet, who does Bloomberg think we need to worry about? Who do we — I mean they — desperately need to get into as attention-grabbing a headline as possible? If you're saying… oh, oh, is it Apple? Is it Apple? It must be Apple! You're right. Is Apple Really Your Privacy Hero The world's most valuable company is seen as a champion for your data. It should be doing … [Read more...] about Apple is great on privacy, but what about App Store developers?
May 2, 2018 - Written By Mark Real The Chinese tech giant Huawei and the network operator China Unicom have recently announced a deal that will focus on the development of 5G network slicing ecosystem. As part of this agreement, the two companies will together develop network slicing equipment, which includes terminals, chips, and network infrastructure. In addition, the two firms will also work together in the application of the technology across a variety of use cases including Internet of Things (IoT), Internet of Vehicles (IoV) and even virtual reality (VR) and augmented reality (AR) games. An executive from China Unicom mentioned that the two companies target to build a 5G network slicing ecosystem either within the year or by next year.Network slicing has been described by stakeholders as an important component of the 5G cellular standard. This technology allows for multiple versions of network functions, dubbed as network slices, to run simultaneously on top of a shared … [Read more...] about Huawei & China Unicom Sign Deal For 5G Network Slicing
Under a DARPA project aimed at creating new tactical tools for small infantry units, Raytheon and other defense contractors and research institutions are developing technology to control swarms of small aerial drones.It's part of a wider move toward automation and unmanned systems by war planners in the U.S. and elsewhere, including Israel and Russia.The U.S. has been ramping up development of military robots. The Army recently conducted range tests of autonomous ground vehicles with unmanned weapons systems aboard.A few years ago an Army general touched off a small media frenzy when he stated on record that a quarter of U.S. Troops will be replaced by autonomous or remote-controlled machines by 2030.Raytheon has been working on drone swarms for some time. In 2015, the defense contractor participated in the Office of Naval Research's LOCUST program, successfully networking 30 UAVs in a swarm. War planners view weapons and surveillance platforms that operate as swarms as … [Read more...] about Raytheon and others developing networked drone swarms for combat