IBM signs $1.25 billion WPP cloud deal and says more coming

Building hybrid clouds, which mix together private and public-facing Internet

Reuters

LONDON (Reuters) - IBM is enjoying a wave of major technology outsourcing deals from European customers in the fourth quarter and the new contract signings are not over yet, an executive for the computer services giant said in an interview.

Late on Tuesday, IBM announced the third in a string of billion dollar plus contracts, saying it had won a seven-year, $1.25 billion deal with WPP, the world's top advertising firm, to run WPP operations in the cloud.

Cable & Wireless helped Britain spy on the world: Channel 4

Vodafone said in a statement that a compliance review found no evidence

Reuters

LONDON (Reuters) - Telecommunications firm Cable & Wireless helped Britain eavesdrop on millions of Internet users worldwide, Channel 4 reported on Thursday, citing previously secret documents leaked by a fugitive former U.S. National Security Agency contractor.

Cable & Wireless, which was bought by Vodafone in 2012, provided British spies with traffic from rival foreign communications companies, Britain's Channel 4 television said, citing documents stolen by Edward Snowden.

Boeing eyes revamp of cyber business to focus on key areas

Market has not proven to be as promising as once expected

Reuters

EL SEGUNDO Calif. (Reuters) - Boeing Co said this week it is reevaluating its cybersecurity business and could divest or reassign some units as it focuses more on a few critical areas, including classified work it is doing for some U.S. government agencies.

Boeing, the Pentagon's No. 2 supplier and the world's largest aerospace company, bought a handful of cybersecurity companies several years ago, but the market has not proven to be as promising as once expected.

Digital Disruption

Date
Start Date: 
Monday, December 8, 2014
End Date: 
Thursday, December 11, 2014

California: 

Digital transformation doesn’t happen overnight. But you need to be ready for all that lies ahead for your organization. Digital Disruption 2014 covers the three hottest areas of the digital ecosystem: IoT, Big Data, Virtualization.

Deutsche Telekom sets up 500 million euro venture capital fund

To be launched early next year, focus on Germany’s growing tech start-up scene

Reuters

FRANKFURT (Reuters) - Deutsche Telekom is to set up a 500 million euro ($620.4 million) fund for technology ventures, giving the company more scope to invest in venture capital and innovation.

The fund, called Deutsche Telekom Capital Partners (DTCP), will be launched early next year and will focus on Germany’s growing tech start-up scene, the telecoms operator said on Tuesday.

The new fund will also expand its activities to include private equity investments in existing companies.

Autotech Council: Automotive Cybersecurity

Date
Start Date: 
Friday, December 12, 2014
End Date: 
Friday, December 12, 2014

California:

As automobiles become prolific gatherers of data, and as more private data is stored in the car and in the carmaker's cloud, we must escalate the importance of protecting the customers' data from black had operatives. Additionally, as ADAS and autonomous vehicles connect live actuators and car control to the data, the risks of malicious attacks on cars escalates to life-or-death level. As a result, automakers are far more aggressive about securing their products than would be your average smartphone app maker. There simply is much, much more hanging in the balance.

Qualcomm sees more China trouble, faces probes in U.S., Europe

Opportunities have been clouded by an 11-month-old antitrust investigation

Reuters

SAN FRANCISCO (Reuters) - Qualcomm Inc warned on Wednesday that an antitrust investigation and problems collecting royalties could harm its business in China next year and it also disclosed new regulatory investigations in the United States and Europe.

China's expanding high-speed 4G network is driving demand for smartphones with leading-edge technology, but Qualcomm's opportunities have been clouded by an 11-month-old antitrust investigation there.

Africa phone tower firm IHS raises $2.6 billion

Deploying towers in Africa is typically more expensive than in other regions

Reuters

DUBAI (Reuters) - Nigerian phone tower group IHS has raised $2 billion in equity and $600 million in debt in what it says is the biggest equity fund raising by an African company this decade.

IHS, the continent’s largest tower company, will use the money to finance infrastructure spending and recently agreed acquisitions, according to a company statement on Monday.

It said the equity funding was from new and existing shareholders, but did not provide further details.

Ericsson flags North America slowdown

Period of intense network investment may be drawing to a close

Reuters

STOCKHOLM (Reuters) - Mobile telecoms gear maker Ericsson said on Friday a slowdown in North America created uncertainty over fourth quarter sales as operators cut spending after big investments in high-speed networks.

A build-out of the newest 4G/LTE networks by operators in North America, where Ericsson makes about a quarter of its sales and Chinese rival Huawei is effectively barred from doing business, has supported the Swedish firm at a time of stagnation in much of Europe.

EU and China end telecoms row as EU drops threats against Huawei

Both sides agree to task an independent authority to monitor market shares

Reuters

BRUSSELS (Reuters) - The European Union has ended a long-running telecoms row with China, the EU's trade chief said on Monday, dropping a threat to levy punitive tariffs on Chinese telecoms exports and easing tensions between two of the world's top trading powers.

As Reuters reported exclusively on Oct. 8, the deal struck between Brussels and Beijing sets out a framework for China to address EU concerns about subsidies to Huawei [HWT.UL], China's No. 2 telecoms equipment maker, and its smaller rival ZTE.

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