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.
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.
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.
Chris King, Chief Regulatory Officer at eMeter (San Mateo, Calif., U.S.A.), a global smart grid software platform provider, is urging policymakers to adopt a universal smart grid vision for consumers in response to slow deployment of consumer-oriented smart meter functionality.
Telecommunications provider Telefonica (Madrid, Spain) and Masternaut (Paris, France), a provider of vehicle tracking management, have reached an agreement to jointly market telematics-enabled fleet management services. Both Telefonica and Masternaut will share product roadmaps to create products, according to Telefonica.
Huawei Technologies Co Ltd (Shenzhen, P.R.C.), the world's second largest network equipment maker, expects its deals in the enterprise sector to total more than $7 billion by next year, banking on demand from key markets such as China, a senior executive said.
Huawei also plans to triple staff numbers at its enterprise unit to about 30,000 in the next three years from 10,000 expected by the end of this year, to compete with the likes of Cisco Systems Inc and Hewlett-Packard Co, with half in research and development.
On Wednesday, equipment vendor Alcatel-Lucent (Paris, France) and telecom operator Telefónica (Madrid, Spain) announced an initiative to deliver 4G mobile broadband services in Europe with the deployment of LTE technology that will enable the launch of the first 4G wireless network in Spain.
On Tuesday, the U.S. Commerce Department's National Institute of Standards and Technology (NIST) and the European Union's (EU) Smart Grid Coordination Group (SG-CG) jointly announced their intention to work together on smart grid standards development, emphasizing common goals and areas of focus.
The Telekom Austria Group (Vienna Austria), a telecom provider, on Tuesday announced that it has set up a new subsidiary in the M2M business field. The new company, the Telekom Austria Group M2M GmbH, acts as the competence and service center of the Telekom Austria Group, focusing solely on the development and marketing of M2M services, according to the company.