Machine learning API company, BigML, and Telefónica Open Future, the telecom’s global entrepreneurship and innovation network, have partnered to build an algorithm that helps venture capitalists decide which startups to invest in.
Hutchison Whampoa has agreed to acquire U.K. mobile operator O2 for a price that could top US$15 billion, giving a company that already owns one major carrier an even bigger share of the British market.
The dream of an Internet of things could turn into a nightmare for mobile operators, if sloppily written apps or chatty smartmeters were to overload their networks with signaling traffic. To avert such a scenario, a number of operators are backing a new set of network usage guidelines for device manufacturers and app developers.
A European Commission investigation into whether telecom operators were throttling Internet traffic in order to gain an unfair advantage over rivals has turned up no smoking guns, but one of the companies that prompted the probe isn't happy with the result.
Telefónica has submitted an offer for Brazilian telecom operator GVT (Global Village Telecom) worth €6.7 billion (US$9 billion), as it seeks to build up its business in Brazil by integrating mobile and fixed broadband with pay-TV services.