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JOHANNESBURG, Oct 19 (Reuters) - South African mobile operator Telkom (TKGJ.J) said on Wednesday bigger rival MTN Group (MTNJ.J) had terminated talks to buy the former in what would have created the country's biggest telecoms company. Telkom said it could not offer MTN assurances to enter into exclusive talks sought by the country's second biggest telecoms service provider. It withdrew the offer later only to come back last month with a revised offer asking Telkom to buy it out. "MTN terminated discussions... as Telkom was not in a position to provide MTN with assurances around exclusivity," Telkom said in a statement. The talks between Telkom and MTN were at an early stage and had not progressed to due diligence, Telkom said, adding that it had not received any binding offer from MTN.
While 51 cloud software developers raised funds at valuations of over $1 billion in the first quarter of 2022, only three did so in the third quarter, Accel's 2022 Euroscape report showed. The valuation of publicly listed cloud companies has also dropped to $1.2 trillion from $2.8 trillion in the last 12 months, Accel said. Rising interest rates and climbing inflation has led to contracted software valuations," said Philippe Botteri, a partner at Accel. "But we firmly believe that strong secular trends, like the shift to cloud, will continue to propel European and Israeli SaaS forward." There is around $770 billion available to buy cloud companies, with $440 billion of cash on the balance sheets of strategic investors and $330 billion of dry powder from technology-focused private equity funds, Accel estimated.
SummarySummary Companies AlbionVC backs OutThink's $10 million seed funding roundFinancing to speed up the firm's international distributionCo to help identify human behaviour behind data breachesOct 18 (Reuters) - London-based cybersecurity company OutThink has raised $10 million in early-stage investments backed by venture capital firm AlbionVC, it said on Tuesday, as it looks to help organisations identify human behaviour that can lead to data breaches. The company, which says human behaviour is the source of 91% of data breaches, uses machine learning, natural language processing and applied psychology to identify, understand and manage the attitudes, intentions and sentiment of individuals. The financing, in which TriplePoint Capital, Forward Partners, Gapminder and Innovate UK took part, brings the firm's total funding to $11.4 million. OutThink said its platform was used by major organisations, including Whirlpool (WHR.N), Danske Bank (DANSKE.CO), Rothschild (ROTH.PA) and NatWest (NWG.L). Register now for FREE unlimited access to Reuters.com RegisterReporting by Juliette Portala, editing by Supantha Mukherjee and Mark PotterOur Standards: The Thomson Reuters Trust Principles.
Prakash Singh/AFP/Getty ImagesThe recommendation to free the men was made by an advisory panel appointed by the Gujarat government, led by Narendra Modi’s Bharatiya Janata Party (BJP). Some lawmakers and activists have petitioned the Supreme Court for the men to be rearrested. Some saw the assailants’ release as a deliberate pitch for votes from BJP supporters ahead of the Gujarat state election. The couple want the decision reversed, as do those who have filed petitions with the Supreme Court. “We strongly believe that what happened with Bilkis was wrong and the convicts should be sent back to jail,” he said.
Europe has nearly half a million telecom towers and most of them have battery backups that last around 30 minutes to run the mobile antennas. Swedish telecom regulator PTS is working with telecom operators and other government agencies to find solutions, it said. The telecom operators are also working with national governments to check if plans are in place to maintain critical services. Deutsche Telekom (DTEGn.DE) will use mobile emergency power systems which mainly rely on diesel in the event of prolonged power failures, it said. France has about 62,000 mobile towers, and the industry will not be able to equip all antennas with new batteries, the FFT's president Liza Bellulo said.
Register now for FREE unlimited access to Reuters.com RegisterEricsson logo is seen at its headquarters in Stockholm, Sweden June 14, 2018. Ericsson suspended its business in Russia in April and said in August that it would exit the country in the coming months. The sanctions list by the Swedish authority include software and technology linked to telecommunications. Ericsson said the permits were for software and technical assistance. ($1 = 11.1164 Swedish crowns)Register now for FREE unlimited access to Reuters.com RegisterReporting by Supantha Mukherjee in Stockholm; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.
REUTERS/Anindito Mukherjee/FilesMUMBAI, Sept 23 (Reuters) - Indian banks may be forced to compete harder to boost deposits amid tightening liquidity and rising credit demand ahead of the festive season, analysts warned. "We think the real challenge is the gap between deposit growth and loan growth, as deposit growth is weak, at 9.5% YoY – a good 600 bps below loan growth," said Suresh Ganapathy, head of financials research at Macquarie. "Borrowing from the market to fund credit growth is just one of the ways and after a while it isn't sustainable. Rates for bulk deposits, or deposits of over 20 million rupees, are rising more rapidly than retail, highlighting banks' focus on raising more funds quicker. The incremental credit deposit ratio has already crossed 100%, suggesting that banks have started lending more than the total deposits they hold.
REUTERS/Carlos BarriaSTOCKHOLM/BERLIN, Sept 21 (Reuters) - Over a dozen automakers including Toyota (7203.T) and Nissan (7201.T), have signed up with a platform for patent licences from 51 tech companies, aiming to simplify access to wireless technology and avoid costly legal battles. Conflicts have stemmed in part from different views among carmakers, suppliers and tech firms over who should shoulder the cost of licensing. Mercedes-Benz (MBGn.DE), then Daimler, ended a years-long dispute over its patent use last year with Nokia after being eventually forced to pay. "Usually suppliers handle patents in the development process – telecoms is the one area where they don't," the person, who declined to be named, said. Avanci is also working with companies on a new contract to cover 5G patents, which would likely be more expensive than the current patent portfolio.
A billboard of ride-hailing service Uber is pictured on a highway in New Delhi, India, April 19, 2016. The move comes amid a growing road-safety push in India, the world's fourth-largest car market. India already has rules mandating passengers in the back seat to wear seatbelts but only a few comply. In most cases, car and taxi owners put seat covers atop seatbelts on their back seats, making them inaccessible for use. Uber told drivers in its advisory to ensure backseat seatbelts were installed, adding "if the belt is hidden under the seat cover, please remove the cover".
Cu 368.147 de cazuri noi de coronavirus în ultimele 24 de ore, numărul total al infectărilor din India a ajuns la 19,93 de milioane, iar bilanţul victimelor este de 218.959, potrivit datelor comunicate de Ministerul Sănătăţii din această ţară. Cu toate acestea, experții medicali consideră că cifrele reale din această ţară cu o populaţie de 1,35 de miliarde de locuitori ar putea fi de 10 ori mai mari decât statisticile oficiale. „Numărul cazurilor active este în creştere, nu doar bilanţul zilnic al cazurilor noi. Chiar şi numărul raportat de statele federale este de aproximativ 3,5 milioane de cazuri active”, a adăugat el. Creşterea bruscă a infectărilor cu noul coronavirus reprezintă cea mai gravă criză cu care se confruntă premierul Modi de la preluarea mandatului în anul 2014.
Persons: Nadrendra Organizations: Universitatea Locations: India, Universitatea Michigan
Cuptoarele unui crematoriu din Gujarat, India, au funcționat fără pauză de când a început pandemia, iar părțile metalice au început să se topească. India a înregistrat luni un record de 273.810 de cazuri noi și 1.619 decese. Însă cifrele îmbolnăvirilor și a deceselor sunt puse sub semnul întrebării. Se pare că nimeni nu înțelege foarte clar situația și asta este foarte grav”, a spus Bhramar Mukherjee. Șeful crematoriului Azad a declarat că numărul incinerărilor în cadrul protocoalelor COVID a crescut de cinci ori în ultimele săptămâni „Lucrăm zi și noapte”, a spus el.
Persons: Reuters, Bhramar, Prashant, Azad Organizations: Sănătății, Universitatea din, Kurukshetra Locations: Gujarat, India, Surat, SUA, Universitatea din Michigan, crematoriul, Lucknow, Uttar
Sursa foto: b365.roMărturiile angajaților din crematoriile indiene sugerează că numărul morților de COVID este mai mareCuptoarele unui crematoriu din Gujarat, India, au funcționat fără pauză de când a început pandemia, iar părțile metalice au început să se topească. India a înregistrat luni un record de 273.810 de cazuri noi și 1.619 decese. Însă cifrele îmbolnăvirilor și a deceselor sunt puse sub semnul întrebării. Se pare că nimeni nu înțelege foarte clar situația și asta este foarte grav”, a spus Bhramar Mukherjee. Șeful crematoriului Azad a declarat că numărul incinerărilor în cadrul protocoalelor COVID a crescut de cinci ori în ultimele săptămâni „Lucrăm zi și noapte”, a spus el.
Persons: Reuters, Bhramar, Prashant, Azad Organizations: Sănătății, Universitatea din, Kurukshetra Locations: Gujarat, India, Surat, SUA, Universitatea din Michigan, crematoriul, Lucknow, Uttar
A fost prezentată lista lungă de cărți selectate pentru International Booker Prize 2021Opere semnate de autoarea rusă Maria Stepanova, romancierul francez Eric Vuillard şi scriitoarea chineză Can Xue se numără printre cele 13 titluri selectate pe lista lungă a International Booker Prize 2021Prestigioasa distincţie literară recompensează cea mai valoroasă operă de ficţiune tradusă în engleză şi publicată în Marea Britanie sau Irlanda, potrivit site-ului oficial al evenimentului, citat de AGERPRES. Lista lungă a International Booker de anul acesta cuprinde romane scrise în 11 limbi şi scriitori din 12 ţări, multe dintre opere depăşind frontierele unui singur gen literar. Cu toate acestea, o temă iese în evidenţă – migraţia, durerea sa, dar şi interconexiunea fertilă a lumii moderne”, a spus preşedinta juriului, Lucy Hughes-Hallett. Premiul literar International Booker Prize este oferit anual celei mai bune cărţi scrise într-o altă limbă, tradusă în engleză şi publicată în Marea Britanie sau Irlanda. În 2020, premiul a fost câştigat de Marieke Lucas Rijneveld, din Olanda, pentru romanul „The Discomfort of Evening”.
Persons: Maria Stepanova, francez Eric Vuillard, Albert Einstein, Erwin Schrödinger, Judith Schalansky, Lucy Hughes, Aida Edemariam, Neel, George Szirtes, Karen Gernant, Chen Zeping, David Diop, Anna, Nana Ekvtimishvili, Elizabeth Heighway, Mariana, Megan McDowell, Adrian Nathan, Olga, Martin Aitken, David Doherty, Jackie Smith, Elisabeth Jaquette, Maria, Sasha, Andrzej Tichy, Eric Vuillard, Mark Polizzotti, Lucas Rijneveld Organizations: International Booker, AGERPRES, Man Booker, International Booker Prize, Gikuyu, Booker Prize Locations: francez, Britanie, Irlanda, Man, Gikuyu and, Coventry, Olanda
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