UK startup and fabless semiconductor company XMOS this week announced $26.2m in Series D investment that will see Chinese vendor Huawei take its first equity stake in a British firm. The Chinese company joins Robert Bosch Venture Capital of Germany and Xilinx from the USA as strategic investors, alongside existing investors Amadeus Capital Partners, DFJ Esprit, and Foundation Capital.
Tech giant Apple reported healthy Q2 earnings, with increased iPhone and Mac sales versus the year-ago quarter. The 35.2 million iPhones sold were a new record for the quarter, up 13% on the same quarter a year ago.
Networking giant Cisco on Wednesday announced plans to open an Internet of Things innovation centre in the Spanish city of Barcelona. From 2015 to 2020, Cisco intends to invest close to $30m in the facilities’ restoration, innovation lab, IT equipment, and talent acquisition primarily in engineering, application development and research.
The Telecom Regulatory Authority of India (TRAI) has finally released much-awaited guidelines on the sharing of radio frequencies in all bands, allowing carriers to make optimal use of spectrum.
Internet company Yahoo has confirmed the acquisition of mobile analytics specialist Flurry as it seeks to reinforce its commitment to “building and supporting useful, inspiring and beautiful mobile applications and monetisation solutions.”
Australia’s next generation broadband network, NBN Co, on Tuesday said it would use satellite to boost the number of connections for Australians who cannot access existing commercial broadband services. The NBN Co Satellite Support (NSS) Scheme will connect to up to 9,000 additional premises in remote and regional mainland Australia and Tasmania, until the expected launch of NBN Co’s Long Term Satellite Service (LTSS) in late 2015.
BlackBerry has announced the appointment of Marty Beard as chief operating officer, who joins the struggling devices and software manufacturer from LiveOps, a provider of cloud-based customer service solutions.
South Korea was the inevitable location for the first demonstration of a new ‘Elastic Cell’ technology that allows multiple cells to serve a handset simultaneously, thus improving performance at the cell boundary. This technology is likely to contribute to the eventual 5G standard.
Social network Twitter has acquired payments infrastructure firm CardSpring for an undisclosed sum. The San Francisco-based startup develops a web service API that makes it easy for payment companies and point-of-sale vendors to work with developers to create card-linked services.
As spectrum efficiency becomes ever more important, UK public broadcaster the BBC is teaming up with equipment vendors Huawei and Qualcomm and mobile operator EE to demonstrate the benefits that multicast 4G broadcast can offer compared with unicast streaming.
UK fibre network operator and cableco Virgin Media has added cellular player Three as the latest wholesale partner for its wifi on the London Underground service. By the end of July, Three customers will be able to access wifi at over 144 Tube stations for no extra cost.
Network infrastructure vendor Ericsson has reported Q2 earnings down 1% from the year-ago quarter, but up 13% from Q1. “Sales in the quarter year-over-year were driven by growth in the Middle East, China and India, as well as continued capacity business in North America,” said Ericsson CEO Hans Vestberg.
Virtualisation incumbent Citrix has announced the appointment of former CA Technologies executive Jacqueline de Rojas as area vice president, Northern Europe. In her role she will help drive awareness of the company’s virtual and mobile offerings across the region.
Networking innovator Alcatel Lucent has announced the opening of a new ‘antenna’ (i.e. small) office of its Bell Labs R&D arm in Cambridge. The role of antenna offices is to focus on one major industry issue, in this case realtime cloud video delivery.
Microsoft chief executive officer Satya Nadella announced long-rumoured job cuts on Thursday. In a memo to staff Nadella said the company would cut up to 18,000 jobs over the next year, or 14 per cent of the company’s workforce, as it realigns its corporate resources to focus on mobile and cloud and integrates Nokia within the wider business.
Operator Telefónica has published a report on attitudes and forecast for the connected car industry. It forecasted the majority of cars the number of vehicles with built-in connectivity will increase from 10% of the overall market in 2013 to 90% by 2020, and that the vast majority of car consumers expect a connected experience in the car of the future.
Japanese operator KDDI Corporation and trade, retail and logistics firm Sumitomo Corporation have reached an agreement with Myanma Posts & Telecommunications to jointly deliver telecoms services in the Republic of the Union of Myanmar.
In a bid to rescue their proposed merger Brazilian operator Oi will get a bigger piece of the combined operation – CorpCo – in return for helping Portugal Telecom (PT) out with €847 million of defaulted debt from Rioforte, which had threatened to scupper the move.
Virtualisation incumbent VMware has inked partnerships with China Telecom and SoftBank in a move that will see both telcos host and help sell the company’s hybrid cloud service in the region. The move marks a significant expansion of the service as VMware looks to take its hybrid cloud offerings beyond North America and Europe.
With 941 new LTE devices launched in the past year, the device sector has seen almost 100 per cent annual growth, with the number of manufacturers playing in the space increasing by 68 per cent over the same period, according to statistics released this week by the GSA (Global mobile Suppliers Association).