Mistral raises record EUR 3 bln in Samsung-led funding round
France-based AI company Mistral announced a EUR 3 billion series D funding round led by Samsung, which was rumoured during the summer to be in talks over an investment of around EUR 1 billion. The operation values Mistral at over EUR 21 billion three years after its creation, in what the company described as the largest equity fundraising round ever completed by a European technology start-up. Scaleup Europe Fund, managed by EQT, and existing investor PSG Equity participated as co-leads, while BlackRock and
Mistral raises record EUR 3 bln in Samsung-led funding round
France-based AI company Mistral announced a EUR 3 billion series D funding round led by Samsung, which was rumoured during the summer to be in talks over an investment of around EUR 1 billion. The operation values Mistral at over EUR 21 billion three years after its creation, in what the company described as the largest equity fundraising round ever completed by a European technology start-up. Scaleup Europe Fund, managed by EQT, and existing investor PSG Equity participated as co-leads, while BlackRock and
Poste Italiane raises TIM cash offer by 18% ahead of takeover deadline
Poste Italiane has increased its cash offer for Telecom Italia (TIM) shares ahead of the 11 September closing date of the public takeover bid. In a statement, state-backed Poste said the cash component of its offer would be raised by 18 percent, or EUR 0.30, to EUR 1.97 per share. The offer of 0.218 newly-issued Poste ordinary shares for each TIM share tendered remains unchanged.
Poste Italiane raises TIM cash offer by 18% ahead of takeover deadline
Poste Italiane has increased its cash offer for Telecom Italia (TIM) shares ahead of the 11 September closing date of the public takeover bid. In a statement, state-backed Poste said the cash component of its offer would be raised by 18 percent, or EUR 0.30, to EUR 1.97 per share. The offer of 0.218 newly-issued Poste ordinary shares for each TIM share tendered remains unchanged.
Huawei debuts Mate XT 2 trifold phone with Kirin 9050 Pro SoC
Huawei has launched its second-generation trifold smartphone, the Mate XT 2, in China with prices starting at CNY 19,999 (around EUR 2,550). The device features an upgraded inward-folding trifold architecture, a new Kirin 9050 Pro processor, hardware-level privacy options and a camera system tuned for more accurate colour reproduction, all running on the company's latest HarmonyOS 7.
Huawei debuts Mate XT 2 trifold phone with Kirin 9050 Pro SoC
Orange, Vodafone, Deutsche Telekom mull joint bid for 2 GHz satellite spectrum - report
A group of Europe's biggest mobile operators are in early talks to create a consortium to bid on satellite spectrum and offer direct-to-mobile service, Bloomberg reported. People familiar with the matter said the talks include Deutsche Telekom, Orange, Vodafone Group and Telefonica. They could bid together for the 2 GHz band spectrum the EU wants to reserve for a local provider of mobile satellite services.
Orange, Vodafone, Deutsche Telekom mull joint bid for 2 GHz satellite spectrum - report
Australian government proposes digital duty of care for online services
The Australian government has released draft legislation for a Digital Duty of Care that would require digital service providers to meet minimum safety standards for the features and tools they provide, following targeted consultation. The proposed laws include a "My Feed, My Way" initiative that would give Australians over 16 greater control over social media algorithms. Platforms would be required to notify new and existing users and offer a choice between a default feed containing personalised algorithmi
Australian government proposes digital duty of care for online services
Digital Realty expands East Africa hub with 6.4MW Nairobi 2 data centre
Digital Realty has opened its 6.4MW Nairobi 2 data centre (NBO2), expanding its campus alongside Nairobi 1 (NBO1). The launch coincides with iColo's transition to its parent Digital Realty's brand across Kenya and Mozambique, to underline the platform's global reach.
Digital Realty expands East Africa hub with 6.4MW Nairobi 2 data centre
Sopra Steria integrates VMRay's malware analysis into SOC operations across France and Norway
IT services and consulting group Sopra Steria has shared details of its alliance with German software vendor VMRay, a specialist in malware and phishing analysis. VMRay's platform complements Sopra Steria's cybersecurity services in France and Norway, where it processes nearly 1,000 suspicious files every month within the group's security operations centres. The first clients to take advantage of this integration include a major French industrial group.
Sopra Steria integrates VMRay's malware analysis into SOC operations across France and Norway
Nokia launches mobile core demo environment to help carriers try out emerging software features
Nokia is introducing an early access initiative that enables a trial run of emerging mobile core software applications from the Finnish vendor, including AI-driven services, automation and frontier enterprise use cases. Nokia's Mobile Core Early Access initiative provides a live-hosted environment to accelerate planning, validation and adoption of upcoming core software innovations. The platform is available to registered service providers and enterprises across Nokia's global operating footprint, following
Nokia launches mobile core demo environment to help carriers try out emerging software features
KPN leads telecom ads reach in Q2; Ziggo and Hollandsnieuwe campaigns gain ground
KPN achieved the highest marketing reach among Dutch telecom operators in the second quarter, with a peak of 35 percent in May and 31 percent in June. Odido recovered to a reach of 31 percent in May and 27 percent in June, as it resumed marketing following its data breach early in the year. At the same time around 27-30 percent of consumers said they did not see any of the telecom brands' advertising.
KPN leads telecom ads reach in Q2; Ziggo and Hollandsnieuwe campaigns gain ground
Movistar Spain offering free WiFi 7 router upgrade to selected subs
Movistar Spain (Telefonica) has started offering free equipment upgrades to selected existing customers, reports website Banda Ancha, citing customer notifications. According to the report, fibre and convergent subscribers are now being invited to upgrade their router to the latest WiFi 7 model at no extra charge via the Mi Movistar customer services app.
Movistar Spain offering free WiFi 7 router upgrade to selected subs
STC Bahrain launches Bayan contact centre able to handle Gulf Arabic nuances
STC Bahrain has launched its Bayan digital contact centre, using native, dialect-aware Arabic processing for voice and chat. Bayan replaces legacy rules-based systems with advanced voice agents, real-time agent support and automated sentiment analytics. STC claims it is Bahrain's first fully integrated contact centre tailored specifically for Gulf Arabic nuances, adding that it automates up to 70 percent of routine enquiries and reduces average handling times by up to 30 percent.
