HANGZHOU, China (Reuters) - Alibaba Group Holding Ltd is launching a cloud computing hub in Silicon Valley on Wednesday, the e-commerce giant's first outside of China, underscoring its global ambitions in the face of stiff and entrenched competition.
The new California data center marks the Chinese company's latest measured expansion onto American soil, and into a hotly contested U.S. market now dominated by Amazon.com Inc , Microsoft Corp and Google Inc.
BARCELONA (Reuters) - The merger of NXP and Freescale will bring together two highly diversified chipmakers to create a more focused, leading player in two high-growth markets - automotive electronics and security, NXP's top executive said on Wednesday.
The cash and stock deal, announced on Monday, valued Freescale at $11.8 billion, excluding debt, and is expected to close in the second half of the year, subject to regulatory approvals. An overlapping business in radio frequency amplifier chips will be sold to ease antitrust concerns.
BRUSSELS/BARCELONA (Reuters) - The European Union is looking to sign agreements with China and Japan and the United States to cooperate on developing the next generation of mobile broadband as it seeks to help its companies catch up in the race to develop such technologies.
Europe, once a leader in the 1990s in the second-generation GSM technology standard for mobile phone networks moving into the digital era, has fallen behind the United States, Japan and South Korea in the deployment of the latest 4G standard for mobile broadband services.
BARCELONA (Reuters) - China's Huawei Technologies [HWT.UL], the world's second-biggest maker of network gear, is beefing up its patent portfolio ahead of 5G, the next generation of mobile equipment, its chief executive said on Tuesday.
Huawei, also the world's fourth-largest maker of smartphones, has said it plans to spend $600 million on 5G wireless research and development from 2013 to 2018.
But speaking to reporters at the Mobile World Congress on Tuesday, Huawei Chief Executive Ken Hu said that 5G research spending was likely to rise, without giving specific figures.
BARCELONA (Reuters) - STMicroelectronics said on Tuesday it expected a second year of growth in its wireless business in 2015, following years of losses, a resurgence that eventually could help Europe's largest semiconductor maker hit overall profit margin improvement goals.
Speaking to financial analysts at the annual Mobile World Congress, executives of the Franco-Italian chipmaker spelled out its strategy for taking its wireless business to the same level of profitability as its other, healthier businesses.
BARCELONA – Operators wanting to stay afloat in the rapidly changing telecoms market will need to massively transform their infrastructure in terms of guaranteed bandwidth, communications security, low latency rate and minimum cost for increased capacity, Italtel’s CEO Stefano Pileri has warned.
NEW YORK (Reuters) - AT&T Inc will link its connected car and smart home technologies to bolster its foothold in the fast-growing market for Internet-connected devices, a new battleground for the company and rivals ranging from Verizon to Google Inc.
BARCELONA (Reuters) - Telecom equipment maker Ericsson and chipmaker Intel have agreed a partnership deal to help network operator customers build datacenters, putting them on a more competitive footing against big, cloud-based Internet firms such as Google, Facebook and Amazon.
"We will build datacenter equipment which will actually have the same performance as many of the big cloud providers are doing for themselves," Ericsson's chief executive, Hans Vestberg, told a news conference at the Mobile World Congress telecoms trade show in Barcelona on Monday.
TORONTO (Reuters) - BlackBerry announced on Sunday that it plans to expand its cross-platform strategy and deliver its often admired security, productivity and communication tools to any smartphone or tablet device running iOS, Android or Windows.
The one-time smartphone sector pioneer's devices have waned in popularity in recent years, but in a bid to remain relevant, the Waterloo, Ontario-based company is pivoting to focus more on its software business and core strengths like security that won it recognition over the last decade.
BARCELONA/BRUSSELS (Reuters) - New rules that aim to protect the openness of the Internet will allow telecom and cable groups to prioritize and earn potentially vast income from some types of data, setting up likely clashes with regulators in the future.
Telecom companies such as AT&T and Vodafone have convinced U.S. and European regulators, finalizing so-called "net neutrality" rules, to allow them to dedicate network capacity to services such as providing connectivity to driverless cars and facilitating the exchange of medical data between patients and health professionals.