Google (Mountain View, Calif., U.S.A.) has thrown its weight behind Tech City, East London's fast-growing hub for Internet companies, by signing a lease for a seven-floor building that will serve as a launch-pad for new start-ups and developers.
The center, due to open in 2012, will house advisers from Google and other organizations that support technology entrepreneurs, the company said on Wednesday.
It will be located close to Old Street roundabout; dubbed "Silicon Roundabout" in an area of London that has already attracted hundreds of new Internet start-ups.
According to a new report by InMedica (Wellingborough, England), a medical electronic market research group, the world market for Telehealth is set to exceed $1 billion by 2016 and could jump to $6 billion in 2020.
This month, the European Commission, the executive body of the European Union that is responsible for proposing legislation and implements decisions, took its first measures to ensure that by 2015 cars can dial emergency services for passengers when a serious accident occurs by using machine-to-machine (M2M) technology.
According to a recent report from Pike Research (Boulder, Colo., U.S.A.), a cleantech market intelligence firm, cumulative investment in smart grid technologies within Europe will total $80.3 billion by 2020. In addition, the firm anticipates that by 2020, 238.4 million smart meters will have been deployed across the region.
According to a study reported in the European Respiratory Journal, NEW YORKa device that allows doctors to remotely monitor children with poorly controlled asthma may not help reduce serious asthma attacks.
GE Capital Fleet Services (Eden Prairie, Minn., U.S.A.) broke ground last week on a customer experience and learning center that will showcase GE’s portfolio of electric vehicle services and help GE commercial customers evaluate EVs and other alternative fuel vehicles for their fleets.
Last week, market research firm Infonetics Research (Campbell, Calif., U.S.A.) released excerpts from its second quarter 2011 Ethernet Switches and Enterprise Routers market share reports. The report indicates that vendors are experiencing flat revenues as a result of the increased competition in the market, with Cisco (San Jose, Calif., U.S.A.) and HP (Palo, Alto, Calif., U.S.A.) in the forefront of the competition.
France sold off a first batch of fourth-generation mobile frequencies for 1.28 billion, granting licenses to all four major telecom operators in an auction that will structure the market for years to come.
Telecoms regulator ARCEP said France Telecom (Paris, France) and soon-to-be new mobile player Iliad (Paris, France) put in the highest bids to win the two larger blocks of 20 megahertz.
Vivendi's SFR (Paris, France) and Bouygues Telecom (Paris, France) were given smaller blocks of 15 MHz, ARCEP said in a statement on Thursday.
Clearwire Corp (Kirkland, Wash., U.S.A.) is in talks with U.S. wireless operators, including AT&T Inc (Dallas, Texas, U.S.A.) and Verizon Wireless (New York), about selling network capacity while it also eyes raising new funding through equity, debt and vendor financing, according to top company executives.
Clearwire, which needs $900 million in new funding, is also open to selling wireless spectrum, but is not running a sale process, Chief Financial Officer Hope Cochran told Reuters.
The growth of data-centric services driven by smartphone technologies, along with the growth of the social Internet (e.g., My Space, Facebook) and multimedia applications (e.g., gaming, YouTube, etc.), has prompted wireless service operators to shift toward packet-based Ethernet/IP technologies in their access and core networks. The most important drivers for this decision: scalability and cost savings.