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Google leverages key telco shift toward cloud and Open RAN with latest partnership announcement


Google leverages key telco shift toward cloud and Open RAN with latest partnership announcement
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The partnership announced on June 29 between Google Cloud, Ericsson AB and Telecom Italia SpA, to deliver 5G and edge cloud solutions represents an early salvo in what is expected to be a fierce battle for control of the edge.
The goal is to make edge computing devices more useful but also create on opportunity for communications service providers, or CSPs, to generate new revenue streams from a significant investment in 5G wireless technology.
“How can CSPs monetize 5G and edge, which is a real thing at the moment, using Google Cloud’s solutions like the edge computing platform and Anthos and Ericsson’s cutting-edge 5G components?” asked Amol Phadke (pictured), managing director of Google Cloud. “If we can onboard these together at the CSP level, such as with Telecom Italia, that creates massive time to market efficiency. We’ ....

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This is why there is no European Netflix

Between Amazon.com Inc’s US$8.5 billion acquisition of Metro-Goldwyn-Mayer and WarnerMedia’s US$130 billion merger with Discovery Inc, the recent rash of US media dealmaking has surely left European entertainment moguls ruing what might have been.
For five years, Europe’s biggest media companies have been seeking deals for the same reason that industry consolidation is accelerating in the US: They need more heft to compete effectively with streaming services Netflix Inc, Amazon Prime and The Walt Disney Co’s Disney+.
Those efforts have almost uniformly yielded no results. Vivendi SA, the French media conglomerate controlled by the billionaire Vincent Bollore, has repeatedly tried and failed ....

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Solutions 30 Plunges as Auditor Fails to Sign Off 2020 Accounts


May 25 2021, 12:11 AM
May 24 2021, 1:42 PM
May 25 2021, 12:11 AM
(Bloomberg) The disarray at Solutions 30 SE deepened as the European technology-services company, first targeted in 2019 by activist short seller Muddy Waters Capital LLC, said its auditor couldn’t sign off on its 2020 accounts.
(Bloomberg) The disarray at Solutions 30 SE deepened as the European technology-services company, first targeted in 2019 by activist short seller Muddy Waters Capital LLC, said its auditor couldn’t sign off on its 2020 accounts.
The company, which counts Telecom Italia SpA among its customers, saw much of its 1.1 billion-euro ($1.4 billion) market value wiped out Monday as the shares began trading again following a two-week halt. Luxembourg-based Solutions 30 published its own unaudited accounts over the weekend after Ernst & Young LLP said it hadn’t been given the information necessary to perform the audit itself. ....

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