Businesses

  • British telecommunications colossus BT has announced that it will invest £600m in faster broadband services in rural parts of the United Kingdom. BT believe the investment will enable them to provide all households in Britain with access speeds of at least 10 megabits per-second, which will allow users to be able to stream content from OTT services such as Netflix and YouTube.

  • Montreal has received an investment of $854m from Bell in order to implement the fastest broadband fiber technology directly to homes and businesses across the city. This investment is expected to create an estimated 2,700 new jobs and generate $2.2bn in economic activity. The incredible new infrastructure will provide direct links to 1.1 million residences and business locations - and will firmly place Monteal at the forefront of the global 'Smart Cities' movement.

  • New guidelines have been established by the African Commission as part of its effort to promote the topic of cybersecurity across the African continent. The African Commission in conjunction with the Internet Society unveiled the new rules at the African Internet Summit which was held in Nairobi, Kenya.

  • Some of Norway's largest companies are joining forces in establishing a national powerhouse for artificial intelligence. Its aim is to improve the quality and capacity for research, education and innovation in the field.

  • PwC Middle East reports that Artificial Intelligence (AI) will contribute US$320 billion to the Middle East economy by 2030 - the equivalent to 11% of GDP.

  • New research compiled has projected that AI will replace between 40-50 million full-time jobs in the country over the next fifteen years. The report stated that it was imperative the China's labor market be prepared to adapt to the challenges brought on by the rapid development of AI and automation.

  • The increase of cybercrime and cybersecurity breaches in South Africa have forced government representatives  to introduce new legislation in an attempt to combat against the worrying escalation in  unlawful cyber activity in the country. South Africa has been the predominant target for cybercrime in the African continent, primarily due to its comparatively high levels of internet connectivity in relation to other African nations. Cybersecurity is very much a global issue -the US and Russia are still courting controversy and coverage over the Russia’s alleged influence in the presidential election which resulted in the hacking and release of over 30,000 e-mails sent by Democratic nominee Hilary Clinton.

  • Emirates Green Building Council (EmiratesGBC), an independent forum aimed at conserving the environment by strengthening and promoting green building practices, has called upon all businesses, entities, and cities in the United Arab Emirates and the region to formally endorse and sign the Net Zero Carbon Buildings Commitment.