Roblox has hired former Roku executive Louqman Parampath to help build out its advertising business, as the video-game platform bets on its lucrative young user base to draw marketing dollars.
Apple will invest up to $1.5 billion in Globalstar to fund the expansion of its iPhone communication services, the satellite provider said in a regulatory filing on Friday.
Ericsson said on Thursday it had created a joint venture to sell software with a dozen telecom operators, including Verizon, Deutsche Telekom and Reliance Jio.
Samsung Electronics is expected to post a 13-fold increase in second-quarter profit from a year earlier as demand for artificial intelligence technology fuels a rebound in memory chip prices.
Nokia is set to win a contract to supply 5G radio equipment to Portuguese telecoms operator MEO, according to an internal Nokia blog post and two sources familiar with the matter.
Apple’s offer to open its tap-and-go mobile payments system to rivals is set to be approved by EU antitrust regulators as soon as next month after it tweaked some of the terms, people familiar with the matter said.
Taiwan’s Foxconn, the world’s largest contract electronics maker and Apple’s biggest iPhone assembler, on Monday reiterated that it expected an on-year drop in first quarter revenue coming off a high base.
Vodafone underlined its commitment to Open RAN networks on Monday by confirming it would create purpose-built chipset architecture for the nascent technology with Intel.
South Korea’s largest telco SK Telecom said it will invest $100 million in U.S. artificial intelligence firm Anthropic to strengthen its telecommunications-driven AI business.
Deutsche Telekom slightly lifted its 2023 operating profit target a second time on Thursday, boosted by its U.S. business T-Mobile US, which raised its outlook for customer growth two weeks ago.
T-Mobile US topped Wall Street expectations for quarterly wireless subscriber additions on Thursday, as cost-conscious customers flocked to its cheaper plans and superior 5G services in a highly competitive market.
Malaysia said on Friday that telecommunications firms CelcomDigi, Maxis, Telekom Malaysia, U Mobile and YTL Communications will take up stakes in state 5G agency Digital Nasional Berhad (DNB).
Vodafone and CK Hutchison finally unveiled the 15 billion pound ($19 billion) merger of their British mobile operations on Wednesday, saying the creation of a new market leader would drive competition and investment in the country.
Vodafone and CK Hutchison are close to agreeing a merger of their UK telecoms businesses, two sources said, in an expected 15 billion pounds ($19 billion) deal that would create the country’s biggest mobile operator.