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"We didn't start a company and decide to give back. We decided to give back – and so we started a company!"– Wade & Koddi Dunn, Co-Founders of Love Mobile, in conversation with Anurag AggarwalA single mom. A single dad. A nine-hour online conversation that lasted until sunriseEighteen years of marriage, seven children, two companies, and one powerful idea –What if your monthly phone bill could change the world?That's the story of Wade and Koddi Dunn!In this episode of Humans of Telecom, Wade and Koddi open up about:
On Episode 908 of The Core Report, financial journalist Govindraj Ethiraj talks to Garima Kapoor, Economist & Deputy Head of Research at Elara Securities (India) as well as Piyush Pandey, Senior Vice President, Lead Analyst-Institutional Equities for IT, Telecom, Internet and Power at Centrum India.SHOW NOTES(00:00) Stories of the Day(00:50) Lessons From The World's Biggest IPO(02:17) Monsoons Have Now Recovered And Is Advancing, Says The IMD(09:00) Near Term Risks For The Rupee Are Fading But There Are Longer Term Issues(17:16) Alan Greenspan, The Man Behind The Famous Irrational Exuberance Term Has Died(19:04) Where Do Analysts See Value In The Telecom Business Stack?For more of our coverage check out thecore.inSubscribe to our NewsletterFollow us on:Twitter | Instagram | Linkedin | Youtube
Y un día la autoridad de competencia se expidió. Y todo lo que había trascendido se reconfirmó. El Gobierno de Argentina fijó los remedios a aplicar para autorizar la fusión Telecom-Telefónica. Los pronunciamientos oficiales fueron rimbombantes, mientras que los de la operadora fueron descriptivos de una situación que, hay que admitir, no le gusta nada. Este viernes de podcast hablamos de una de las últimas compras de Telefónica que debe resolverse a nivel regulatorio en la región. Junto a ustedes pondremos la lupa sobre los remedios y las realidades, para ver qué tan a la par pueden caminar para que esta fusión llegue, de una vez, a su final.
Na vele dagen aan bombardementen en escalatie zijn de VS en Iran het eens over een voorlopig vredesakkoord. Een plan dat bestaat uit veertien punten, waarvan de opening van de Straat van Hormuz de belangrijkste is. Een ander punt valt ook op: een fonds van 300 miljard dollar voor de wederopbouw van Iran. Deze aflevering kijken we wat deze deal nu precies voor jou als belegger betekent. Hebben we het ook over het nieuwe dreigement van president Trump. De deal moet nog ondertekend worden, maar hij waarschuwt de Iraniërs nu al. 'Als ik het er toch niet mee eens ben, of als ze zich niet gedragen, gaan we weer op ze schieten en bommen op hun hoofd gooien.' Of die oorlog in Iran nu eindigt of niet, één sector is al slachtoffer. De autosector. De koersen van autobouwers tuimelen omlaag. Allemaal na een winstwaarschuwing van BMW. De Duitse bouwer verwacht een lagere operationele winstmarge dit jaar. Tussen de 1 en 3 procent. Terwijl die verwachting eerder nog op 6 procent lag. Dat moet beter, zegt Noud Broekhof van de Nationale Autoshow. Je hoort hem deze aflevering. Verder staan we stil bij SpaceX (de koers daalt) en het feit dat 'Mr Big Short' niet short wil gaan op het nieuwe beursbedrijf. Ook in de aflevering: De Snap Specs. Het 'levenswerk' van Evan Spiegel Het aandeel Ahold Delhaize. Waarom daalt dat al sinds het bekendmaken van de kwartaalcijfers? Intel moet bewijzen dat het de extreme koersstijging waard is Te gast: Niels Koerts van Stockwatch.nl BNR Beurs is een journalistiek onafhankelijke productie, mede mogelijk gemaakt door Saxo. Over de makers: Jelle Maasbach is presentator van BNR Beurs en freelance financieel journalist. Zijn favoriete aandeel om over te praten is Disney, maar daar lijkt hij de enige in te zijn. Sinds de eerste uitzending van BNR Beurs is 'ie er bij. Maxim van Mil is presentator van BNR Beurs en journalist bij BNR, waar hij zich focust op de financiële markten en ontwikkelingen in de tech-wereld. Je krijgt hem het meest enthousiast als hij kan praten over ASML, of oer-Hollandse bedrijven zoals Ahold of ABN Amro. Jorik Simonides is presentator van BNR Beurs, economieredacteur en verslaggever bij BNR. Hij wordt er vooral blij van als het een keer níet over AI gaat. Je hoort hem ook in de BNR-podcast Moerdijk: dorp van de rekening. Milou Brand is presentator van BNR Beurs, freelance podcastmaker en columnist bij het Financieele Dagblad. Jochem Visser is presentator van BNR Beurs, maakt Beursnerd XL en is redacteur bij de podcast Onder Curatoren. Vraag hem naar obscure zaken op financiële markten en hij vertelt je waarom het eigenlijk nóg leuker is dan je al dacht. Over de podcast: Met BNR Beurs ga je altijd voorbereid de nieuwe beursdag in. We praten je in een kleine 25 minuten bij over alle laatste ontwikkelingen op de handelsvloer. We blijven niet alleen bij de AEX of Wall Street, maar vertellen je ook waar nog meer kansen liggen. En we houden het niet bij de cijfers, maar zoeken ook iedere dag voor je naar duiding van scherpe gasten en experts. Of je nu een ervaren belegger bent of net begint met je eerste stappen op de beurs, de podcast biedt waardevolle inzichten voor je beleggingsstrategie. Door de focus op zowel de korte termijn als de lange termijn, helpt BNR Beurs luisteraars om de ruis van de markt te scheiden van de essentie. Van Musk tot Microsoft en van Ahold tot ASML. Wij vertellen je wat beleggers bezighoudt, wie de markten in beweging zet en wat dat betekent voor jouw beleggingsportefeuille.See omnystudio.com/listener for privacy information.
Na vele dagen aan bombardementen en escalatie zijn de VS en Iran het eens over een voorlopig vredesakkoord. Een plan dat bestaat uit veertien punten, waarvan de opening van de Straat van Hormuz de belangrijkste is. Een ander punt valt ook op: een fonds van 300 miljard dollar voor de wederopbouw van Iran. Deze aflevering kijken we wat deze deal nu precies voor jou als belegger betekent. Hebben we het ook over het nieuwe dreigement van president Trump. De deal moet nog ondertekend worden, maar hij waarschuwt de Iraniërs nu al. 'Als ik het er toch niet mee eens ben, of als ze zich niet gedragen, gaan we weer op ze schieten en bommen op hun hoofd gooien.' Of die oorlog in Iran nu eindigt of niet, één sector is al slachtoffer. De autosector. De koersen van autobouwers tuimelen omlaag. Allemaal na een winstwaarschuwing van BMW. De Duitse bouwer verwacht een lagere operationele winstmarge dit jaar. Tussen de 1 en 3 procent. Terwijl die verwachting eerder nog op 6 procent lag. Dat moet beter, zegt Noud Broekhof van de Nationale Autoshow. Je hoort hem deze aflevering. Verder staan we stil bij SpaceX (de koers daalt) en het feit dat 'Mr Big Short' niet short wil gaan op het nieuwe beursbedrijf. Ook in de aflevering: De Snap Specs. Het 'levenswerk' van Evan Spiegel Het aandeel Ahold Delhaize. Waarom daalt dat al sinds het bekendmaken van de kwartaalcijfers? Intel moet bewijzen dat het de extreme koersstijging waard is Te gast: Niels Koerts van Stockwatch.nl BNR Beurs is een journalistiek onafhankelijke productie, mede mogelijk gemaakt door Saxo. Over de makers: Jelle Maasbach is presentator van BNR Beurs en freelance financieel journalist. Zijn favoriete aandeel om over te praten is Disney, maar daar lijkt hij de enige in te zijn. Sinds de eerste uitzending van BNR Beurs is 'ie er bij. Maxim van Mil is presentator van BNR Beurs en journalist bij BNR, waar hij zich focust op de financiële markten en ontwikkelingen in de tech-wereld. Je krijgt hem het meest enthousiast als hij kan praten over ASML, of oer-Hollandse bedrijven zoals Ahold of ABN Amro. Jorik Simonides is presentator van BNR Beurs, economieredacteur en verslaggever bij BNR. Hij wordt er vooral blij van als het een keer níet over AI gaat. Je hoort hem ook in de BNR-podcast Moerdijk: dorp van de rekening. Milou Brand is presentator van BNR Beurs, freelance podcastmaker en columnist bij het Financieele Dagblad. Jochem Visser is presentator van BNR Beurs, maakt Beursnerd XL en is redacteur bij de podcast Onder Curatoren. Vraag hem naar obscure zaken op financiële markten en hij vertelt je waarom het eigenlijk nóg leuker is dan je al dacht. Over de podcast: Met BNR Beurs ga je altijd voorbereid de nieuwe beursdag in. We praten je in een kleine 25 minuten bij over alle laatste ontwikkelingen op de handelsvloer. We blijven niet alleen bij de AEX of Wall Street, maar vertellen je ook waar nog meer kansen liggen. En we houden het niet bij de cijfers, maar zoeken ook iedere dag voor je naar duiding van scherpe gasten en experts. Of je nu een ervaren belegger bent of net begint met je eerste stappen op de beurs, de podcast biedt waardevolle inzichten voor je beleggingsstrategie. Door de focus op zowel de korte termijn als de lange termijn, helpt BNR Beurs luisteraars om de ruis van de markt te scheiden van de essentie. Van Musk tot Microsoft en van Ahold tot ASML. Wij vertellen je wat beleggers bezighoudt, wie de markten in beweging zet en wat dat betekent voor jouw beleggingsportefeuille.See omnystudio.com/listener for privacy information.
Este boletim traz um resumo das principais notícias do dia na análise de Samuel Possebon, editor chefe da TELETIME.TELETIME é a publicação de referência para quem acompanha o mercado de telecomunicações, tecnologia e Internet no Brasil. Uma publicação independente dedicada ao debate aprofundado e criterioso das questões econômicas, regulatórias, tecnológicas, operacionais e estratégicas das empresas do setor. Se você ainda não acompanha a newsletter TELETIME, inscreva-se no nosso site www.teletime.com.br e fique ligado no dia a dia do mercado de telecom. É simples e é gratuito.Você ainda pode acompanhar TELETIME nas redes sociais:Instagram: https://www.instagram.com/teletimenews/Linkedin: https://www.linkedin.com/company/teletimenews/Facebook: https://www.facebook.com/Teletime/ Ou entre em nosso canal no Whatsapp: https://whatsapp.com/channel/0029VbAulbCADTOEwFog2l1J Hosted on Acast. See acast.com/privacy for more information.
De slotkoers van de grootste beursgang ooit is bekend. 160 dollar en 95 cent. SpaceX is 2.1 biljoen dollar waard en Elon Musk is biljonair. Bij OpenAI en Anthropic kunnen ze rustig ademhalen, want de markt is niet stuk. Integendeel: beleggers hebben opnieuw betaald voor de mythe van Musk en tonen zich bereid om verregaande bedragen te steken in de bizarre waarderingen van AI-bedrijven die dit jaar naar de beurs gaan. Tijdens het laatste uur van de beursdag maakten Donner Bakker, Jochem Visser en hun gasten een extra uitzending richting die laatste koers op de borden. Gast Johannes Smit, portfoliomanager bij het Centive Global Equity Fund van IBS, legt uit wat dit betekent voor de markt en voor beleggers. Hij bespreekt het verdere verloop van de koers nu er aandelen kunnen worden verkocht door insiders, terwijl indexen juist gedwongen gaan kopen. En hij legt uit waarom de verregaande zorgen van indexbeleggers wat hem betreft onterecht zijn. Gasten Joe van Burik en Ben van der Burg, techcommentatoren van BNR en makers van De Grote Tech Show, bespreken hoe dit bizarre bedrijf nu in elkaar steekt en hoe dat zo is gekomen. Natuurlijk moet Musk zelf ook nog even langs de lat worden gelegd. Is zijn effect op het universum nou netto positief, of negatief? Hint: er is een goeie discussie over te voeren. BNR Beurs is een journalistiek onafhankelijke productie, mede mogelijk gemaakt door Saxo. Over de makers: Jelle Maasbach is presentator van BNR Beurs en freelance financieel journalist. Zijn favoriete aandeel om over te praten is Disney, maar daar lijkt hij de enige in te zijn. Sinds de eerste uitzending van BNR Beurs is 'ie er bij. Maxim van Mil is presentator van BNR Beurs en journalist bij BNR, waar hij zich focust op de financiële markten en ontwikkelingen in de tech-wereld. Je krijgt hem het meest enthousiast als hij kan praten over ASML, of oer-Hollandse bedrijven zoals Ahold of ABN Amro. Jorik Simonides is presentator van BNR Beurs, economieredacteur en verslaggever bij BNR. Hij wordt er vooral blij van als het een keer níet over AI gaat. Je hoort hem ook in de BNR-podcast Moerdijk: dorp van de rekening. Milou Brand is presentator van BNR Beurs, freelance podcastmaker en columnist bij het Financieele Dagblad. Jochem Visser is presentator van BNR Beurs, maakt Beursnerd XL en is redacteur bij de podcast Onder Curatoren. Vraag hem naar obscure zaken op financiële markten en hij vertelt je waarom het eigenlijk nóg leuker is dan je al dacht. Over de podcast: Met BNR Beurs ga je altijd voorbereid de nieuwe beursdag in. We praten je in een kleine 25 minuten bij over alle laatste ontwikkelingen op de handelsvloer. We blijven niet alleen bij de AEX of Wall Street, maar vertellen je ook waar nog meer kansen liggen. En we houden het niet bij de cijfers, maar zoeken ook iedere dag voor je naar duiding van scherpe gasten en experts. Of je nu een ervaren belegger bent of net begint met je eerste stappen op de beurs, de podcast biedt waardevolle inzichten voor je beleggingsstrategie. Door de focus op zowel de korte termijn als de lange termijn, helpt BNR Beurs luisteraars om de ruis van de markt te scheiden van de essentie. Van Musk tot Microsoft en van Ahold tot ASML. Wij vertellen je wat beleggers bezighoudt, wie de markten in beweging zet en wat dat betekent voor jouw beleggingsportefeuille.See omnystudio.com/listener for privacy information.
De slotkoers van de grootste beursgang ooit is bekend. 160 dollar en 95 cent. SpaceX is 2.1 biljoen dollar waard en Elon Musk is biljonair. Bij OpenAI en Anthropic kunnen ze rustig ademhalen, want de markt is niet stuk. Integendeel: beleggers hebben opnieuw betaald voor de mythe van Musk en tonen zich bereid om verregaande bedragen te steken in de bizarre waarderingen van AI-bedrijven die dit jaar naar de beurs gaan. Tijdens het laatste uur van de beursdag maakten Donner Bakker, Jochem Visser en hun gasten een extra uitzending richting die laatste koers op de borden. Gast Johannes Smit, portfoliomanager bij het Centive Global Equity Fund van IBS, legt uit wat dit betekent voor de markt en voor beleggers. Hij bespreekt het verdere verloop van de koers nu er aandelen kunnen worden verkocht door insiders, terwijl indexen juist gedwongen gaan kopen. En hij legt uit waarom de verregaande zorgen van indexbeleggers wat hem betreft onterecht zijn. Gasten Joe van Burik en Ben van der Burg, techcommentatoren van BNR en makers van De Grote Tech Show, bespreken hoe dit bizarre bedrijf nu in elkaar steekt en hoe dat zo is gekomen. Natuurlijk moet Musk zelf ook nog even langs de lat worden gelegd. Is zijn effect op het universum nou netto positief, of negatief? Hint: er is een goeie discussie over te voeren. BNR Beurs is een journalistiek onafhankelijke productie, mede mogelijk gemaakt door Saxo. Over de makers: Jelle Maasbach is presentator van BNR Beurs en freelance financieel journalist. Zijn favoriete aandeel om over te praten is Disney, maar daar lijkt hij de enige in te zijn. Sinds de eerste uitzending van BNR Beurs is 'ie er bij. Maxim van Mil is presentator van BNR Beurs en journalist bij BNR, waar hij zich focust op de financiële markten en ontwikkelingen in de tech-wereld. Je krijgt hem het meest enthousiast als hij kan praten over ASML, of oer-Hollandse bedrijven zoals Ahold of ABN Amro. Jorik Simonides is presentator van BNR Beurs, economieredacteur en verslaggever bij BNR. Hij wordt er vooral blij van als het een keer níet over AI gaat. Je hoort hem ook in de BNR-podcast Moerdijk: dorp van de rekening. Milou Brand is presentator van BNR Beurs, freelance podcastmaker en columnist bij het Financieele Dagblad. Jochem Visser is presentator van BNR Beurs, maakt Beursnerd XL en is redacteur bij de podcast Onder Curatoren. Vraag hem naar obscure zaken op financiële markten en hij vertelt je waarom het eigenlijk nóg leuker is dan je al dacht. Over de podcast: Met BNR Beurs ga je altijd voorbereid de nieuwe beursdag in. We praten je in een kleine 25 minuten bij over alle laatste ontwikkelingen op de handelsvloer. We blijven niet alleen bij de AEX of Wall Street, maar vertellen je ook waar nog meer kansen liggen. En we houden het niet bij de cijfers, maar zoeken ook iedere dag voor je naar duiding van scherpe gasten en experts. Of je nu een ervaren belegger bent of net begint met je eerste stappen op de beurs, de podcast biedt waardevolle inzichten voor je beleggingsstrategie. Door de focus op zowel de korte termijn als de lange termijn, helpt BNR Beurs luisteraars om de ruis van de markt te scheiden van de essentie. Van Musk tot Microsoft en van Ahold tot ASML. Wij vertellen je wat beleggers bezighoudt, wie de markten in beweging zet en wat dat betekent voor jouw beleggingsportefeuille.See omnystudio.com/listener for privacy information.
Die tydsberekening van twee groot veselinfrastruktuurooreenkomste wat deur Telecom Namibia se uittredende uitvoerende hoof, Stanley Shanapinda onderteken is, is in die Nasionale Vergadering bevraagteken. Die kontrakte, wat aan Demshi Investment Holdings en Lightstruck Limited toegeken is om Telecom se veselnetwerk uit te brei, is kort voor Shanapinda se geskeduleerde vertrek op 1 Julie en dae nadat die maatskappy se nuwe direksie sy termyn op 3 Junie begin het, onderteken. Die IPC se parlementêre leier, Imms Nashinge, het die transaksies as haastig beskryf.
Le Mondial 2026 de football est aussi une occasion d'investir pour certains opérateurs économiques. C'est le cas d'Orange et New World TV, un groupe togolais, qui ont signé un partenariat renforcé pour la diffusion de l'intégralité des matchs dans plusieurs pays d'Afrique francophone. « Concrètement, nos utilisateurs pourront découvrir via Max It les offres de NWTV, y souscrire, payer directement via l'écosystème Orange et accéder immédiatement au contenu depuis leur smartphone, tablette et bientôt la télévision connectée », détaille Sofia Nadir, directrice partenariat pour Orange Moyen-Orient Afrique (OMEA). Max It, l'application développée par le groupe, est disponible désormais dans neuf pays francophones d'Afrique subsaharienne et permet à Orange et New World TV d'élargir le partenariat qu'ils avaient conclu en 2022 pour proposer les matchs, en streaming, avec « la garantie de ne pas surconsommer de datas et de regarder la compétition en toute légalité », précise Sofia Nadir. La Coupe du monde 2026 est, pour chacune des deux parties, l'opportunité de séduire de nouveaux abonnés et donc un investissement très stratégique, explique Gérard Akindes, économiste du sport : « Orange a déjà une position dominante sur le marché francophone. Le groupe va donc fidéliser sa clientèle et peut-être se positionner de plus en plus sur le sport et la diffusion du sport par téléphonie mobile. C'est un espace qui prend beaucoup d'ampleur sur le continent. » Plus de visibilité pour New World TV Contrairement à Canal+, diffuseur historique des compétitions sportives qui a les droits en Afrique anglophone via SuperSport, New World TV est un opérateur « entrant », c'est-à-dire encore jeune sur le marché, qui a besoin d'élargir son champ d'influence, ajoute Gérard Akindes : « Pour New World TV, l'intérêt, c'est de revendre une partie de leurs licences, de faire du sublicensing, et de récupérer ainsi en partie leur mise, pour arriver sans trop d'effort à atteindre une plus grande audience via la diffusion par téléphone. » Louis Biyao, conseiller juridique de New World TV, confirme l'intérêt du groupe de voir Orange relayer sa chaîne : « Cela nous apporte commercialement et aussi en termes de visibilité. On multiplie les canaux de diffusion par le monde pour avoir accès à nos produits et Max It d'Orange ne sera pas de trop. » En parallèle de son offre dans les pays francophones, Orange a également établi des accords avec d'autres détenteurs de droits audiovisuels que New World TV, avec un objectif affiché : garantir une couverture exhaustive de la compétition dans les 18 pays de la zone Moyen-Orient-Afrique où le groupe est présent. À lire aussiMondial 2026: et maintenant, s'ouvre la Coupe du monde de la démesure
Telecom Namibia versnel die uitbreiding van sy veselnetwerk deur nog 'n strategiese vennootskap, hierdie keer met Lightstruck Limited. Die vyfjaarooreenkoms volg op 'n soortgelyke ooreenkoms wat verlede week met Demshi Investment Holdings onderteken is en vorm deel van die maatskappy se strewe om konnektiwiteit te verbeter terwyl die volgehoue uitdaging van koperdiefstal en netwerkvandalisme aangepak word. Kosmos 94.1 Nuus het met Lightstruck se bemarkingsbestuurder, Elizette Nujoma-Kaiyamo, gepraat.
“Life is an Adventure. Jump out of a Plane. Live your Ikigai. Find your Happy Place!” — Veni Folta, Chief Happiness Officer at The Inspired Action Group, in conversation with Anurag AggarwalFrom Portuguese Macau to British Hong Kong to the United States…from a Category 5 hurricane that wiped out her dream job in a single day…to nearly three decades in telecom, two of them in international roaming…to becoming the Chief Happiness Officer helping leaders reclaim their lives —Veni's journey is unlike anything you've heard on this show before!In this episode of Humans of Telecom, Veni opens up about:
Le rachat de SFR par Orange, Bouygues Telecom et Free pour un peu plus de 20 milliards d'euros dépasse largement le cadre des télécoms français. Derrière cette opération se cache une question stratégique pour l'Union européenne : faut-il continuer à privilégier une concurrence maximale ou accepter la création de grands groupes capables de rivaliser avec les géants américains et chinois ? Le protocole d'accord signé entre Bouygues Telecom, Free et Orange pour reprendre SFR constitue l'une des plus importantes opérations industrielles de ces dernières années en France. Mais ce dossier pose surtout une question qui dépasse largement les frontières françaises. Est-ce que l'Europe doit continuer à privilégier la concurrence à tout prix, ou accepter de faire émerger de grands groupes capables de tenir tête aux États-Unis et à la Chine ? Car depuis des années, la philosophie européenne était simple : plus il y a de concurrence, mieux c'est pour le consommateur. Selon les théories économiques classiques, davantage de concurrence implique des prix plus bas, plus d'innovation et donc davantage de choix. Mais le monde a changé. À l'ouest de l'Union européenne, les États-Unis disposent de géants technologiques capables d'investir des dizaines de milliards de dollars chaque année. À l'est, la Chine fait émerger de grands groupes soutenus par un immense marché intérieur et une stratégie industrielle assumée. Entre ces deux blocs, l'Europe apparaît aujourd'hui beaucoup plus fragmentée. À lire aussiLes opérateurs télécom européens face au défi de la régulation Des télécoms européens encore trop fragmentés face aux géants américains et chinois Cette fragmentation est particulièrement visible dans le secteur des télécommunications. Aux États-Unis, trois grands opérateurs couvrent l'ensemble du territoire. C'est exactement la même situation en Chine. En Europe, au contraire, on compte des dizaines d'opérateurs répartis dans vingt-sept pays, chacun avec ses propres règles, son propre marché et ses propres contraintes réglementaires. Au total, cela représente plus d'une centaine d'acteurs. Autrement dit, le marché unique européen est immense, mais il ne fait émerger aucun véritable champion à l'échelle du continent. Chaque pays conserve son opérateur historique ou son leader national : Orange en France, Deutsche Telekom en Allemagne ou encore Telefonica en Espagne. Le rachat de SFR pose donc une question : passer de quatre à trois opérateurs en France constitue-t-il un premier pas vers une moindre fragmentation du secteur en Europe ? Pendant des années, Bruxelles estimait qu'il fallait préserver un maximum de concurrence, quitte à empêcher certaines fusions. Aujourd'hui, le débat évolue. Faut-il conserver quatre opérateurs qui se livrent une guerre des prix permanente, ou accepter trois acteurs plus solides capables d'investir davantage dans les infrastructures numériques ? À lire aussiFace aux géants du numérique américains, une partie du monde tente de réguler Le dossier SFR comme test grandeur nature Les télécommunications sont devenues un secteur stratégique. Il faut financer la fibre optique, préparer la 6G, développer les réseaux de données nécessaires à l'intelligence artificielle, renforcer la cybersécurité ou encore construire de nouveaux centres de données. Tous ces investissements représentent des dizaines de milliards d'euros. L'idée défendue par les industriels est qu'il serait plus simple de financer ces infrastructures avec quelques grands groupes aux épaules suffisamment larges pour investir massivement plutôt qu'avec une multitude d'acteurs plus petits. Autrement dit, l'Europe pourrait choisir de privilégier des champions industriels capables de rivaliser avec les géants américains et chinois. Dans de nombreux secteurs, les entreprises européennes restent performantes, mais elles demeurent souvent trop petites pour peser à l'échelle mondiale. Selon Mario Draghi, ancien président de la Banque centrale européenne, si l'Europe veut rester dans la course mondiale, elle devra accepter davantage de concentrations industrielles afin de créer de grands groupes européens capables de rivaliser avec les grandes puissances économiques. C'est précisément pour cette raison que le dossier SFR est observé avec autant d'attention. Au-delà du seul marché français des télécoms, il constitue un véritable test grandeur nature de l'évolution de la politique industrielle européenne. Reste désormais à savoir si la Commission européenne acceptera de laisser un marché national passer de quatre à trois opérateurs ou si elle estimera que le risque de hausse des prix pour les consommateurs demeure trop important.
Telecom Namibia en die tegnologiemaatskappy Demshi Investment Holdings het 'n ooreenkoms onderteken wat daarop gemik is om vesel uit te rol in gebiede wat deur koperdiewe en vandale geteiken word. Dit sal Demshi toelaat om koper in brandpuntgebiede met vesel te vervang, wat lei tot 'n vermindering in koperdiefstal en vandalisme om 'n meer betroubare diens te verseker. Matias Mwetulundila, netwerkdienstebestuurder by Demshi, het aan Kosmos 94.1 Nuus gesê dat hulle hul ooptoegang-veselnetwerk sal gebruik om hoëspoed-internetdienste aan residensiële en sakekliënte te lewer.
La Côte d'Ivoire compte aujourd'hui plus de 400 000 points de service de mobile money selon l'Agence de promotion de l'inclusion financière – c'est 300 fois plus que le nombre total de distributeurs automatiques de billets. Les Ivoiriens utilisent les cabines au quotidien, pour déposer leur salaire, retirer de l'argent, mais les agents de mobile money sont parfois confrontés à un manque de liquidités qui pénalise leur activité. De notre correspondant à Abidjan, Fin d'après-midi au quartier d'Angré Château. L'heure de faire les courses ou de prendre les transports, mais sur ce carrefour très passant, la cabine de mobile money est à court de cash. Rosette est fataliste, elle est venue retirer 10 000 francs CFA – 15 euros : « Quand tu viens, ils n'ont pas ce dont vous avez besoin, c'est un truc qui arrive, donc on fait avec. » Assise dans la cabine jaune, la guichetière Nema fait patienter les clients : « Il y a des jours où il peut y avoir beaucoup de retraits et il nous arrive de manquer d'espèces. On s'excuse et on dit aux clients que nous sommes en mode dépôt. » Plutôt que de faire la queue, certains clients partent retirer ailleurs. Affoué est la gérante de la cabine. Pour cette ancienne comptable, perdre un client, c'est un manque à gagner : « Tu perds le client, et tu perds la commission du client, donc voilà pourquoi il faut bien s'occuper des clients afin que les commissions puissent augmenter et pouvoir dégager un bénéfice net. » Perte de clientèle, perte de rentabilité Les différents opérateurs de mobile money, comme Orange, Moov, MTN ou Wave, reversent une commission aux gérants de cabines. À titre d'exemple, ces derniers gagnent entre 20 et 60 francs CFA – entre 3 et 9 centimes d'euros – pour une transaction de 10 000 francs CFA – 15 euros. Plus il y a de transactions, et plus elles sont importantes en valeur, plus leurs revenus augmentent. La machine se grippe en cas de manque de cash ou de crédit. Les agents de mobile money sont obligés de fermer boutique pour se réapprovisionner auprès des opérateurs ou des banques. « Ils ont une perte de clientèle, ils n'ont pas assez de commissions, c'est pas rentable pour eux, ils sont obligés de fermer les agences pour aller chez les distributeurs. » À lire aussiGuinée : un manque persistant de liquidités handicape les commerçants La moto pour être plus réactif Gertrude Yapi est directrice des opérations de Leya, une startup abidjanaise qui a mis en place un service de convoyeurs de fonds à moto pour dépanner les points de service de mobile money : « On les approvisionne – en crédit – en moins de quatre minutes, et on envoie le cash en moins de 30 minutes pour satisfaire la clientèle. On permet aux points de vente d'avoir un chiffre d'affaires de 50 % en plus. » Leya revendique aujourd'hui plus de 3 000 clients actifs dans quatre villes de Côte d'Ivoire : Abidjan, Bondoukou, Bouaké et Korhogo. Pour l'économiste ivoirien Kassoum Timité, la continuité de service est essentielle pour soutenir l'activité économique en général : « Le mobile money s'adresse directement à la population dans le secteur informel, qui représente la plus grande part de l'activité économique en Côte d'Ivoire (il pèserait jusqu'à 40% du produit intérieur brut, selon le Fonds monétaire international, ndlr). Donc le manque de liquidités va ralentir les transactions et l'activité économique diminuera aussi. » En 2024, plus de 140 milliards de francs CFA – plus de 210 millions d'euros – étaient échangés via mobile money chaque jour selon l'agence ivoirienne de promotion de l'inclusion financière, près de quatre fois plus qu'en 2020. À écouter aussiLe paiement mobile en Afrique de l'Ouest : validé et adopté
Nog een week en dan wordt SpaceX gelanceerd op Wall Street. De eerste tegenvaller moeten Elon Musk en consorten nu al incasseren: het ruimtevaartbedrijf wordt niet versnel opgenomen in de S&P-index. De beursuitbater maakt geen uitzondering (ook niet voor Anthropic en OpenAI trouwens) en wil winst zien. Dat is een probleem voor het geldverslindende bedrijf. Ondanks die tegenslag is er ook goed nieuws te melden. Persbureau Reuters zegt dat de vraag naar aandelen immens is. Begeleidende banken worden platgelegd met de vraag of ze aandelen hebben. De vraag is onverzadigbaar, aldus analisten. Deze aflevering duiken we in die bizarre wereld van Space X. Hebben we het ook over Heineken. Dat moet met een eeuwenoude traditie breken. Althans, dat willen aandeelhouders van het bedrijf. Nu eens geen insider meer, maar een buitenstaander die de nieuwe topman of topvrouw wordt. Ayden komt ook voorbij. Dat aandeel ging ineens heel hard naar beneden. Beleggers schrikken van een rapport dat over de betalingsverwerker rondgaat. De handel werd zelfs even stilgelegd. Ook Jensen Huang komt voorbij. Die moet gegrild worden door de Amerikaanse Senaat, wil senator Elizabeth Warren. Ze wil de baas van Nvidia alles vragen over de exportrestricties in China (en de trip die hij met president Trump naar dat land heeft afgelegd. Zoeken we ook uit of je nog wel wat hebt aan Nederlandse beursbedrijven. Nu bedrijven als AkzoNobel een overname blokkeren, kan je dan als belegger nog wel dromen van een overnamepremie? Te gast: Corné van Zeijl van Cardano BNR Beurs is een journalistiek onafhankelijke productie, mede mogelijk gemaakt door Saxo. Over de makers: Jelle Maasbach is presentator van BNR Beurs en freelance financieel journalist. Zijn favoriete aandeel om over te praten is Disney, maar daar lijkt hij de enige in te zijn. Sinds de eerste uitzending van BNR Beurs is 'ie er bij. Maxim van Mil is presentator van BNR Beurs en journalist bij BNR, waar hij zich focust op de financiële markten en ontwikkelingen in de tech-wereld. Je krijgt hem het meest enthousiast als hij kan praten over ASML, of oer-Hollandse bedrijven zoals Ahold of ABN Amro. Jorik Simonides is presentator van BNR Beurs, economieredacteur en verslaggever bij BNR. Hij wordt er vooral blij van als het een keer níet over AI gaat. Je hoort hem ook in de BNR-podcast Moerdijk: dorp van de rekening. Milou Brand is presentator van BNR Beurs, freelance podcastmaker en columnist bij het Financieele Dagblad. Jochem Visser is presentator van BNR Beurs, maakt Beursnerd XL en is redacteur bij de podcast Onder Curatoren. Vraag hem naar obscure zaken op financiële markten en hij vertelt je waarom het eigenlijk nóg leuker is dan je al dacht. Over de podcast: Met BNR Beurs ga je altijd voorbereid de nieuwe beursdag in. We praten je in een kleine 25 minuten bij over alle laatste ontwikkelingen op de handelsvloer. We blijven niet alleen bij de AEX of Wall Street, maar vertellen je ook waar nog meer kansen liggen. En we houden het niet bij de cijfers, maar zoeken ook iedere dag voor je naar duiding van scherpe gasten en experts. Of je nu een ervaren belegger bent of net begint met je eerste stappen op de beurs, de podcast biedt waardevolle inzichten voor je beleggingsstrategie. Door de focus op zowel de korte termijn als de lange termijn, helpt BNR Beurs luisteraars om de ruis van de markt te scheiden van de essentie. Van Musk tot Microsoft en van Ahold tot ASML. Wij vertellen je wat beleggers bezighoudt, wie de markten in beweging zet en wat dat betekent voor jouw beleggingsportefeuille. See omnystudio.com/listener for privacy information.
Nog een week en dan wordt SpaceX gelanceerd op Wall Street. De eerste tegenvaller moeten Elon Musk en consorten nu al incasseren: het ruimtevaartbedrijf wordt niet versnel opgenomen in de S&P-index. De beursuitbater maakt geen uitzondering (ook niet voor Anthropic en OpenAI trouwens) en wil winst zien. Dat is een probleem voor het geldverslindende bedrijf. Ondanks die tegenslag is er ook goed nieuws te melden. Persbureau Reuters zegt dat de vraag naar aandelen immens is. Begeleidende banken worden platgelegd met de vraag of ze aandelen hebben. De vraag is onverzadigbaar, aldus analisten. Deze aflevering duiken we in die bizarre wereld van Space X. Hebben we het ook over Heineken. Dat moet met een eeuwenoude traditie breken. Althans, dat willen aandeelhouders van het bedrijf. Nu eens geen insider meer, maar een buitenstaander die de nieuwe topman of topvrouw wordt. Ayden komt ook voorbij. Dat aandeel ging ineens heel hard naar beneden. Beleggers schrikken van een rapport dat over de betalingsverwerker rondgaat. De handel werd zelfs even stilgelegd. Ook Jensen Huang komt voorbij. Die moet gegrild worden door de Amerikaanse Senaat, wil senator Elizabeth Warren. Ze wil de baas van Nvidia alles vragen over de exportrestricties in China (en de trip die hij met president Trump naar dat land heeft afgelegd. Zoeken we ook uit of je nog wel wat hebt aan Nederlandse beursbedrijven. Nu bedrijven als AkzoNobel een overname blokkeren, kan je dan als belegger nog wel dromen van een overnamepremie? Te gast: Corné van Zeijl van Cardano BNR Beurs is een journalistiek onafhankelijke productie, mede mogelijk gemaakt door Saxo. Over de makers: Jelle Maasbach is presentator van BNR Beurs en freelance financieel journalist. Zijn favoriete aandeel om over te praten is Disney, maar daar lijkt hij de enige in te zijn. Sinds de eerste uitzending van BNR Beurs is 'ie er bij. Maxim van Mil is presentator van BNR Beurs en journalist bij BNR, waar hij zich focust op de financiële markten en ontwikkelingen in de tech-wereld. Je krijgt hem het meest enthousiast als hij kan praten over ASML, of oer-Hollandse bedrijven zoals Ahold of ABN Amro. Jorik Simonides is presentator van BNR Beurs, economieredacteur en verslaggever bij BNR. Hij wordt er vooral blij van als het een keer níet over AI gaat. Je hoort hem ook in de BNR-podcast Moerdijk: dorp van de rekening. Milou Brand is presentator van BNR Beurs, freelance podcastmaker en columnist bij het Financieele Dagblad. Jochem Visser is presentator van BNR Beurs, maakt Beursnerd XL en is redacteur bij de podcast Onder Curatoren. Vraag hem naar obscure zaken op financiële markten en hij vertelt je waarom het eigenlijk nóg leuker is dan je al dacht. Over de podcast: Met BNR Beurs ga je altijd voorbereid de nieuwe beursdag in. We praten je in een kleine 25 minuten bij over alle laatste ontwikkelingen op de handelsvloer. We blijven niet alleen bij de AEX of Wall Street, maar vertellen je ook waar nog meer kansen liggen. En we houden het niet bij de cijfers, maar zoeken ook iedere dag voor je naar duiding van scherpe gasten en experts. Of je nu een ervaren belegger bent of net begint met je eerste stappen op de beurs, de podcast biedt waardevolle inzichten voor je beleggingsstrategie. Door de focus op zowel de korte termijn als de lange termijn, helpt BNR Beurs luisteraars om de ruis van de markt te scheiden van de essentie. Van Musk tot Microsoft en van Ahold tot ASML. Wij vertellen je wat beleggers bezighoudt, wie de markten in beweging zet en wat dat betekent voor jouw beleggingsportefeuille. See omnystudio.com/listener for privacy information.
Dan Schulman, CEO at Verizon, discusses AI-led transformation, customer growth and operational strategy with Bloomberg’s Tom Giles at Bloomberg Tech 2026 in San Francisco.See omnystudio.com/listener for privacy information.
In this episode of The Broadband Bunch, host Pete Pizzutillo welcomes Rhyan Neble for a conversation about the evolution of artificial intelligence, agentic frameworks, and what these technologies mean for broadband operators. Drawing on decades of experience building telecom networks, OSS/BSS platforms, and software solutions, Rhyan explains how AI has progressed from a simple assistant to a true workforce multiplier capable of accelerating software development, automating complex workflows, and helping organizations solve problems that once required large teams and months of effort. Rhyan also shares practical advice for broadband providers looking to prepare for the next wave of AI adoption. Topics include open APIs, operational runbooks, AI agents as employee assistants, governance frameworks, security considerations, and the growing importance of data accessibility. They discuss both the opportunities and risks of AI, offering a balanced look at how operators can use these tools to improve efficiency, streamline reporting, surface operational insights, and empower employees while maintaining human oversight.
L'Union européenne souhaite renforcer sa cybersécurité en limitant la présence des fournisseurs chinois dans ses infrastructures critiques. Mais cette stratégie se heurte à l'opposition de l'Allemagne et de l'Espagne, qui redoutent les conséquences économiques d'un retrait de Huawei. Derrière ce bras de fer se dessinent les enjeux de souveraineté technologique, de dépendance industrielle et de relations commerciales avec la Chine. Au cœur de cette nouvelle mésentente européenne se trouve le géant chinois Huawei. Depuis plusieurs années, l'entreprise s'est imposée comme l'un des principaux fournisseurs d'équipements de télécommunications dans le monde. Huawei fabrique notamment des antennes 5G, des infrastructures internet, des serveurs ou encore des solutions de cloud. Grâce à des équipements souvent moins coûteux et parfois plus avancés technologiquement que ceux de ses concurrents européens, le groupe chinois a progressivement gagné des parts de marché sur le continent. Résultat : de nombreux opérateurs européens ont intégré du matériel Huawei dans leurs réseaux de télécommunications. Mais cette présence massive inquiète aujourd'hui Bruxelles. Car au-delà des simples équipements, les réseaux de télécommunications sont devenus des infrastructures stratégiques. Contrôler les réseaux, c'est aussi contrôler une partie de l'économie numérique, des communications et des services essentiels. C'est précisément ce qui alimente les inquiétudes occidentales. Depuis plusieurs années, les États-Unis accusent Huawei d'entretenir des liens étroits avec le pouvoir chinois et de représenter un risque pour la sécurité des infrastructures critiques. À lire aussiComment le chinois Xiaomi talonne Apple et Samsung sur le marché mondial du smartphone Bruxelles veut durcir les règles de cybersécurité Jusqu'à présent, l'Union européenne est restée relativement prudente sur le dossier Huawei. Mais la situation évolue. La Commission européenne prépare actuellement une réforme de sa législation sur la cybersécurité. Son objectif est de permettre l'exclusion progressive des fournisseurs considérés comme « à haut risque » des infrastructures critiques européennes. Même si Huawei n'est pas explicitement mentionné dans le texte, l'entreprise chinoise apparaît clairement comme l'une des principales cibles de cette future réglementation. Le problème est que l'Europe s'est largement équipée avec ces technologies au cours des dernières années. Remplacer ces infrastructures ne reviendrait pas simplement à changer quelques antennes. Cela impliquerait de reconstruire une partie importante des réseaux numériques européens. Et la facture pourrait être particulièrement élevée. La Commission européenne estime déjà que le remplacement des équipements concernés représenterait plusieurs milliards d'euros d'investissements. Selon une étude commandée par la Chambre de commerce chinoise auprès de l'Union européenne, le coût pourrait même atteindre près de 370 milliards d'euros d'ici à 2030 si les fournisseurs chinois étaient exclus de nombreux secteurs stratégiques. L'Allemagne et l'Espagne redoutent les conséquences économiques C'est précisément pour cette raison que certains États membres, notamment l'Allemagne et l'Espagne, se montrent réticents face aux projets de Bruxelles. L'Allemagne entretient des liens économiques étroits avec la Chine. Les constructeurs automobiles allemands réalisent une part importante de leurs ventes sur le marché chinois, tandis que de nombreuses industries du pays restent fortement dépendantes des chaînes d'approvisionnement chinoises. Berlin se retrouve donc dans une position délicate. D'un côté, les autorités allemandes reconnaissent les enjeux liés à la cybersécurité et à la souveraineté numérique. De l'autre, elles redoutent les conséquences économiques d'un affrontement avec Pékin. Cette inquiétude est renforcée par les menaces de représailles formulées par la Chine. Pékin a déjà prévenu qu'il pourrait prendre des contre-mesures si Huawei était exclu des réseaux européens. L'Espagne partage également cette prudence. Madrid cherche depuis plusieurs années à attirer les investissements chinois, notamment dans les secteurs des véhicules électriques et des énergies renouvelables. Derrière la bataille autour de Huawei apparaît donc une fracture plus large au sein de l'Union européenne. Le débat dépasse désormais la seule question des télécommunications. Il touche à la capacité du continent à devenir souverain technologiquement tout en préservant ses intérêts économiques. Car l'Union européenne se retrouve aujourd'hui coincée entre deux grandes puissances. D'un côté, les États-Unis poussent leurs alliés à réduire leur dépendance à la Chine. De l'autre, Pékin demeure un partenaire commercial essentiel pour de nombreuses économies européennes. Toute la difficulté pour les États membres consiste désormais à trouver un équilibre entre sécurité, souveraineté technologique et intérêts économiques. Un défi qui pourrait façonner les relations entre l'Europe et la Chine pour les années à venir. À lire aussiCorruption: le scandale Huawei ébranle le Parlement européen, deux ans après le Qatargate
Starlink, Amazon Leo, Eutelsat... Le secteur de l'internet satellitaire dans le monde pourrait atteindre une valeur de 54 milliards de dollars d'ici 2035. Sur le continent africain, c'est le type de connectivité internet qui s'est développé le plus rapidement ces dernières années. Quelles sont les conséquences de l'arrivée de ces nouveaux acteurs sur les opérateurs existants ? Éléments de réponse avec le rapport présenté au Rwanda par l'Africa CEO Forum et Askya Investment Partners. De notre correspondante à Kigali, Premier constat : avec près de 86% de la population du continent couverte par internet, l'enjeu n'est plus d'étendre le réseau, mais de le rendre plus abordable, selon le journaliste scientifique et co-auteur du rapport, publié au mois de mai, Abdullahi Tsanni. Un défi auquel l'arrivée d'opérateurs internet satellitaires ne répond pas encore, explique-t-il : « Les principaux clients de Starlink en Afrique sont des entreprises, ONG, écoles, gouvernements ou foyers aisés, pas la classe rurale populaire. Le discours dominant met l'accent sur la couverture réseau et comment atteindre les zones les plus reculées. Mais le terminal coûte près de 400 dollars, en plus d'un abonnement mensuel entre 30 et 50 dollars. C'est hors de portée pour la majorité. » En trois ans, Starlink et ses satellites LEO, en orbite terrestre basse, ont étendu leurs activités dans plus d'une vingtaine de pays africains avec une présence au sol limitée, très différente des opérateurs télécoms traditionnels, ajoute l'auteur : « Starlink est, par exemple, contrôlé des États-Unis. Il y a peu d'infrastructures, et toute la chaîne de valeur est offshore. Les enjeux économiques sont donc systémiques. La télécommunication africaine aujourd'hui, c'est 220 millions de dollars en valeur économique, soit 7,7% du PIB du continent. C'est un secteur qui crée 8 millions d'emplois formels et 30 milliards de dollars de taxes annuelles. » Risque pour la sécurité des données Ce risque de fuite d'activités économiques est souligné dans le rapport qui pointe aussi le risque de perte en souveraineté numérique des pays africains. « Dans le modèle actuellement déployé sur le continent, il y a très peu de présence d'infrastructures souterraines, explique Babacar Seck, fondateur de la société Askya Investments Partners. Il n'existe pas de passerelles locales, donc les données ne sont pas traitées sur le continent. Cela crée non seulement un risque pour la sécurité des données, mais aussi une forme de dépendance. » Certains pays, comme la Namibie, ont rejeté l'arrivée de Starlink pour non-respect des régulations locales qui s'appliquent aux opérateurs télécoms. Dans le rapport, les auteurs recommandent une évolution vers un système hybride. « C'est la technologie du futur et l'Afrique doit y être intégrée. Concrètement, l'internet satellite fournirait l'infrastructure, tandis que les opérateurs télécoms et les fournisseurs d'accès se chargeraient de distribuer le service aux utilisateurs, préconise Babacar Seck. Ce modèle basé sur le partenariat est probablement celui qui peut le mieux répondre aux problèmes de couverture et de coût que connaît aujourd'hui l'Afrique. » Le continent ne doit pas être qu'un consommateur mais un acteur de son réseau internet, affirment les auteurs du rapport, qui recommandent aussi la mise en place de conditions de concurrence équitables entre l'internet satellite et les opérateurs télécoms traditionnels. À lire aussiStarlink au Sahel: ce «système crypté» a permis de coordonner les dernières offensives au Mali
Вот допустим вы построили свой небольшой (или даже большой) Датацентр — хорошее дело. А потом завели ещё Облачко для разработки, бэкапов, быстрого деплоя стейджинга. Потом туда переехало часть объектного хранилища. Потом вы находите там Container Registry и пару продовых базок. И вот уже встаёт вопрос "А что? Это по-прежнему через Интернет гонять?". "А, может, ну это, есть какой-то более надёжный канала?". Есть! Он называется Direct Connect. Это когда вы свой on-prem включаете выделенным шнурком в порт бордера облачного провайдера и получаете прямой доступ в свой VPC. Об этом и говорим в 159-м выпуске telecom с гостями из VK Cloud и Yandex Cloud. Кто: Антон Юрищев. Ведущий менеджер продуктов (SDN, Direct Connect) VK Cloud Евгений Голотик. Просто сетевой инженер Яндекса Про что: Что такое DC Interconnect и Cloud Direct Connect — и зачем они бизнесу. Почему интернет не подходит для гарантированной передачи больших объёмов данных. Как появились Direct Connect-сервисы: от туннелей до операторских L2/L3-решений. Из чего состоит сервис: тёмное волокно, VLAN/Q-in-Q, BGP, EVPN. Как работают схемы Active/Active и Active/Passive. Чем отличаются реализации Direct Connect у разных провайдеров. Почему сетевая автоматизация стала основой масштабирования облачных сетей. Какие проблемы возникают на практике: MTU, выбор L2/L3, надёжность и отказоустойчивость. Оставайтесь на связи Пишите нам: info@linkmeup.ru Канал в телеграме: t.me/linkmeup_podcast Канал на youtube: youtube.com/c/linkmeup-podcast Подкаст доступен в iTunes, Google Подкастах, Яндекс Музыке, Castbox Сообщество в вк: vk.com/linkmeup Группа в фб: www.facebook.com/linkmeup.sdsm Добавить RSS в подкаст-плеер. Пообщаться в общем чате в тг: https://t.me/linkmeup_chat Поддержите проект:
GitHub breach via VS Code extension Shai-Hulud wave compromises 600 npm packages Huawei attack behind Luxembourg telecom crash Get the show notes here: https://cisoseries.com/cybersecurity-news-github-vs-code-extension-breach-shai-hulud-npm-package-compromise-huawei-luxembourg-telecom-link/ Thanks to our episode sponsor, ThreatLocker ThreatLocker is extending Zero Trust beyond endpoint control. With their recent release of Zero Trust Network Access and Zero Trust Cloud Access, access isn't based on credentials alone, it requires the right user, the right device, and the right conditions. Because as we've seen in recent large-scale CRM breaches, stolen credentials and misconfigurations can expose massive amounts of data. With ThreatLocker, nothing is exposed, and access is limited to exactly what's needed. Learn more and start your free trial today at ThreatLocker.com/CISO.
Elon Musk loses his legal battle against OpenAI, but says the fight is far from over. Google unveils the biggest change to Search in 25 years, replacing the familiar list of blue links with AI-powered agentic search that could transform how people research, shop, and buy online. Starlink's rapid expansion into direct-to-device satellite connectivity appears to have pushed America's biggest telecom carriers into defensive action. And new research suggests data centres may be making nearby neighbourhoods measurably hotter. In today's Hashtag Trending, Jim Love breaks down four stories reshaping technology, AI, telecom, and infrastructure. Today's stories: Elon Musk's lawsuit against OpenAI and Sam Altman is dismissed after a California jury rules he waited too long to bring the case Google I/O reveals AI-powered Search agents that could disrupt publishers, e-commerce, and rivals like OpenAI, Perplexity, Amazon, and Walmart Starlink's satellite-to-phone ambitions trigger concern among Verizon, AT&T, and T-Mobile as SpaceX scales globally Phoenix research finds data centre waste heat may raise local temperatures by up to 2°C If AI becomes the layer between you and the internet, who controls what you see, buy, and trust? Timestamps: 00:00 Today's Tech Headlines 00:33 Musk vs OpenAI Verdict 01:57 Google Reinvents Search 05:33 Starlink Threatens Carriers 08:09 Data Centres Heat Neighbourhoods 09:12 Wrap Up and Support #OpenAI #ElonMusk #GoogleIO #GoogleSearch #Starlink #SpaceX #ArtificialIntelligence #TechNews #SamAltman #Perplexity #DataCenters #Telecom #HashtagTrendingWarming Trends
Téhéran envisage d'imposer des droits de passage aux opérateurs de câbles sous-marins traversant le détroit d'Ormuz. Derrière cette annonce, en apparence technique, se cache un enjeu majeur : la transformation d'infrastructures numériques critiques en nouvel instrument de pression économique et géopolitique. On parle souvent des câbles sous-marins lorsqu'ils sont endommagés ou sabotés, plus rarement lorsqu'ils fonctionnent normalement. Pourtant, ils constituent l'épine dorsale du numérique mondial. Aujourd'hui, 99% du trafic numérique mondial circule grâce à ces câbles de fibre optique posés au fond des mers. D'une épaisseur d'à peine dix centimètres, ils ressemblent à de simples conduits, mais ils sont en réalité les véritables artères de la mondialisation et de la communication. Grâce à eux, en quelques millièmes de secondes, il est possible d'envoyer un ordre de virement de Dakar à Pékin, de réaliser une transaction financière entre Londres et Singapour ou encore de passer un appel vidéo entre Buenos Aires et Athènes avec très peu de latence. C'est précisément cette importance stratégique qui explique l'intérêt soudain de l'Iran pour ces infrastructures présentes dans le détroit d'Ormuz. Téhéran envisage en effet d'imposer des droits de passage aux opérateurs de ces câbles. Une idée portée par les Gardiens de la Révolution et qui n'a rien d'anodin. À lire aussiLes câbles sous-marins, enjeux stratégiques pour les États et les entreprises Pourquoi l'Iran veut taxer les câbles sous-marins du détroit d'Ormuz À première vue, taxer des câbles sous-marins peut sembler abstrait. Pourtant, le principe est loin d'être inédit. L'Égypte prélève déjà d'importants revenus grâce à sa position stratégique sur le canal de Suez, notamment à travers les infrastructures numériques qui y transitent. Une rente qui rapporte plusieurs milliards de dollars par an. C'est ce modèle que semble regarder Téhéran. Mais la comparaison a ses limites. Suez est un canal artificiel administré par un seul État, tandis qu'Ormuz est un détroit naturel régi par le droit maritime international, partagé entre plusieurs souverainetés. Malgré cette différence juridique, le raisonnement iranien est clair. En effet, les câbles passent à proximité de ses eaux, ils créent de la valeur, il serait donc légitime que le pays en capte une partie. Autrement dit, si le monde dépend de cette route numérique, pourquoi l'Iran n'en profiterait-il pas ? Derrière cette logique de souveraineté économique se cache en réalité un message politique: rappeler que le détroit d'Ormuz n'est pas seulement un point de passage pétrolier, mais aussi un levier stratégique sur les flux numériques mondiaux. WebdocUn océan de câbles, dans les profondeurs d'internet Une taxe improbable… mais une menace déjà coûteuse pour l'économie mondiale Évidemment, cela ne signifie pas que demain, Google, Microsoft ou Amazon vont verser un chèque à Téhéran. Les sanctions américaines rendent une telle hypothèse très improbable. Mais ce n'est peut-être pas là le vrai sujet. Le véritable enjeu, c'est l'incertitude créée. Dès qu'un corridor stratégique devient politiquement instable, les opérateurs doivent adapter leur stratégie : investir davantage, sécuriser leurs réseaux, diversifier leurs routes, renforcer leurs assurances. Tout cela a un coût. Autrement dit, sans percevoir un seul dollar de taxe, l'Iran parvient déjà à quelque chose : ajouter une prime de risque au fonctionnement de l'économie numérique mondiale. Et cette incertitude pèse d'autant plus que Téhéran laisse planer la menace d'un sabotage de ces câbles sous-marins. Le scénario d'un black-out mondial reste peu probable, grâce aux mécanismes de redondance des réseaux. Mais une perturbation localisée pourrait ralentir les paiements transfrontaliers, compliquer certaines transactions financières entre l'Europe et l'Asie ou encore affecter l'accès à certains services de stockage en ligne. En clair, le monde entier est devenu dépendant de ces câbles sous-marins. Et qui dit dépendance dit vulnérabilité. C'est précisément ce qu'a compris l'Iran. Dans l'économie numérique, le pouvoir n'appartient pas seulement à ceux qui produisent la donnée, mais aussi à ceux qui contrôlent son passage. Et à Ormuz, Téhéran entend bien le rappeler. À écouter aussiLes géants de la tech investissent dans les câbles sous-marins
Telecom Namibia se raad, uitvoerende komitee en bestuur het Maandag begin vergader in 'n driedaagse strategiese sessie. Die fokus is op die hersiening en versterking van die maatskappy se strategiese rigting, die verkenning van nuwe geleenthede en die identifisering van maniere om prestasie en dienslewering te verbeter. Daar was die afgelope weke groot ontwrigting in sy data- en stemdienste wat tot verontwaarding gelei het. Telecom se uitvoerende hoof, Stanley Shanapinda, gee meer inligting.
What is Warren Buffett’s latest purchase? Is it a market signal? Market View explores Berkshire Hathaway’s latest portfolio reshuffle, Elon Musk’s courtroom loss against OpenAI, and why analysts suddenly see StarHub as the possible winner after the Simba-M1 merger stalled. Michelle Martin unpacks whether rising bond yields are becoming a hidden threat to markets, why AI infrastructure bottlenecks are hitting chip stocks , and what the public clash inside Lululemon Athletica reveals about founder power. Plus - why strong numbers from Lendlease Global Commercial REIT could matter for retail property investors.See omnystudio.com/listener for privacy information.
Die Nasionale Raad doen 'n beroep op die inligtingministerie om die bedrywighede van Telecom Namibia ernstig te ondersoek om verbeterde dienslewering te verseker. Nasionale Raadslid John Moonde het kommer uitgespreek oor die voortgesette diensonderbrekings wat die staatsbeheerde maatskappy in sy internetdienste ervaar.
Original Release Date: April 28, 2026Tom Wigg and Stephen Byrd discuss the accelerating pace of AI breakthroughs, the forces driving them and why the next phase of development may look very different from anything we've seen so far.Read more insights from Morgan Stanley.----- Transcript -----Tom Wigg: Welcome to Thoughts on the Market. I'm Tom Wigg, Head of Specialty Sales in the Americas at Morgan Stanley, and a sector specialist in Technology, Media and Telecom.We wake up every day to new AI product releases, so it's easy to lose sight of the unprecedented non-linear improvement in AI capabilities. But things are about to get weird.It's Tuesday, April 28th at 8am in New York.The market has been thinking about AI in linear terms. But we need to reframe that assumption of only incremental improvement and think about exponential improvement.That was my takeaway from a conversation with Stephen Byrd, Global Head of Thematic and Sustainability Research at Morgan Stanley. In our conversation, we zeroed in on Stephen's bull case for broader AI model improvements.Tom Wigg: First, I want to talk about one obsession that you've been writing about for the last several months – is this idea that we're going to see nonlinear improvements in the frontier models coming out this spring.Stephen Byrd: Yes.Tom Wigg: There's been, you know, some big headlines around new models, benchmarks coming out publicly. Is this, you know, your bull case playing out on these models? And what are the implications?Stephen Byrd: Yes! Absolutely, Tom. So we have, to your point, we are obsessed. And I know I'm not shy about that – with the nonlinear rate of AI improvement. It is the most important impact to so many stocks that I can think of in the sense that it can impact all industries, all business models. So, what we've been saying for some time is, if you look back over the last couple of years at the relationship between the amount of compute used to train these LLMs and the capabilities, we have a very clear scaling law.And approximately the law is, if you increase the training compute by 10x, the capabilities of the models go up by 2x. Now, as you and I've talked about this a lot; just meditate on that for a moment. I think things are about to get weird in the sense that on the positive side, we're going to see all kinds of underappreciated capabilities across many industries. So this disruption discussion, I think, is going to spread, but it's also going to require investors to, kind of, be more thoughtful about what they do with that concept. Meaning you can't sell everything. In the sense that AI will disrupt some businesses.I actually think this is healthy in some ways because now it forces investors to really look at each business model and assess which is going to get disrupted, which can get supported and enabled by AI, which are immune. Because there are some business models that actually are immune.But essentially from here, Tom, I'd say we are expecting through the spring and summer to see multiple models that are able to perform a much greater percentage of the economy at better levels of accuracy at incredibly low cost. Which I know you and I have talked a lot about the cost of actually doing this work from the LLMs.This is massive. This is going to impact so many industries. I think this is all to the good for the AI infrastructure plays because it shows the importance of getting more intelligence out into the world.Tom Wigg: So, you mentioned the constraints we're seeing across compute, memory and power. It seems like most of the CEOs of the labs and hyperscalers are talking about this. Investors are bullish in terms of the ownership in, you know, memory, optical, semi-cap, et cetera. But the question I'm getting more recently is around what's the ROI on all this spending. And does the market action in these hyperscalers, which have been pretty bearish year-to-date, force a cut on CapEx? So, maybe if you can marry that with what you're picking up on the ground in terms of compute spend and whether the frenzy still continues, you know, versus the ROI? And, like, what could happen?Stephen Byrd: Yeah. The short answer – I'm going to go through detail – is I think the bullishness is going to get more bullish over the coming months. And let me walk you through a couple of the mathematics and then just what I'm seeing on the ground to your point, Tom.So the mathematics. We have a token economics model that looks from the perspective of a hyperscaler or an LLM developer in terms of – if they sell their token at a certain price and you fully load the cost of a data center and all associated costs, financing, you name it – in what are the returns? And the bottom line is the returns are excellent.The other element we spend a lot of work on, and you and I talk a lot about, is the demand for compute. In this world where the LLMs are increasing in capability and the token usage goes way up with agentic AI, video world models, all that stuff, we think that there is a massive shortage of compute. So, if you're lucky enough to be a hyperscaler with the compute, with the power, we think that they will have a lot of pricing power on the tokens.Let me explain why we see price power on the tokens. Now I'm going to flip to the perspective of an adopter. Let me give you just rough mathematics. There was a study last year from one of the big labs showing that on average, an enterprise user using an LLM might be able to replace work that would take about one and a half hours from a human. That would save about $55 of cost. A million tokens, depends on whether you're looking at input or output – but let's just call it $5 for a million tokens.The average usage case today for a fairly complex agentic task in an enterprise setting is in the tens of thousands of tokens. Okay? So let's just do that math again. $55 of savings. A million tokens cost $5, and a typical agentic usage is far less than the million tokens today, though that will accelerate. The economics are a home run for adopters.So, we're in a situation where compute is very scarce. I see pricing power all over the place for those who have the compute and have the power.Tom Wigg: So, when you put it like that, Stephen, it seems so inevitable and obvious. But I wonder why the hyperscalers are trading the way they are? And when do they see the revenue inflection you're talking about? Is this like a stay tuned kinda 2026 event? Is this something we have to wait for for 2027-2028?Like, how do you think this flows through to the extent that the market will get more comfortable that all this free cash flow pressure is worth it on the other side?Stephen Byrd: Yeah. This is, in short, I think this is a 2026 event. But let me dive into that because what you just asked is so important for so many stocks.So, let's talk through this. The capabilities of the models are advancing so fast that the average corporate user is not yet keeping up. There is this gap. But that will happen quickly, and we're seeing signs from these labs of revenue at the lab level that is accelerating. So that's a good sign.What we're seeing, though, among fast adopters is those adopters who really understand the capabilities are quickly realizing just how economically beneficial there is. An example, one of my best friends founded a software company many years ago. Last month was – that was the last month in which his programmers wrote code. They're done with writing code.The efficiency benefits for his business are absolutely massive. But he feels like he's just scratching the surface, and he's about as technically capable as anyone I know. He has two PhDs in the subject matter. He's very, very good.So long way to say that we're living in almost two worlds where the fast adopters will show what's possible. The average utilization for enterprises will still take some time. But I do think that the market will react to what they see from the fast adopters in the sense of – the tangible economic benefits are so big.Now, on the ground, what I'm seeing on the infrastructure side, my friends in power tell me that a couple months ago is when they saw the sense of urgency from the AI community go up a couple of notches for them to get the infrastructure they need. So they saw this explosion in compute coming. In the last two months, the weekly usage of tokens according to OpenRadar is up a couple hundred percent in a couple months.So, I do think we're seeing this. So, this is; it's happening quickly. What I would say is the market will have these signposts in every industry of early adopters showing this benefit. I think that's enough for us to start to get bullish. We also… I just think when you look at the demand for compute, the compute numbers need to go up. And with that, you know, everything in the AI value chain, infrastructure value chain, the volumes need to go up.Tom Wigg: One bear case that I wanted to interrogate was – there's one view that, yes, there's a token explosion right now. But it's because the first use case is coding. Which is inherently, you know, very developer-friendly and token-intensive relative to other knowledge work.Can you talk about, you know, whether you subscribe to that? Or whether the token intensity will be as high or lower as this expands to other areas of knowledge work in the next several years?Stephen Byrd: Yeah, it's a great question. The short version is that, yes, it's true that software usage is more token intensive. However, what we're going to be seeing – we're starting to see it – is in almost every knowledge-based job, we're going to move to agentic AI. And when we do that, you tend to see an explosion in compute.Let me walk you through the numbers. There are a couple studies that show essentially when you go from a query-based usage of LLMs to an agentic use for any occupation, you see about a 10x increase in token usage per use of those models. And you can see why.I've anecdotes of some of my friends who are newer to this – who set their agents loose overnight to do non-coding work. And in the morning they get some pretty amazing results. But they also used a lot more tokens than they'd expected … (laughs)Tom Wigg: And a five grand credit card bill?Stephen Byrd: Exactly. It's like maybe next time you put a few parameters around that. But long way to say, it's agentic across every workflow that I can think of that will still result in an explosion in token demand.Tom Wigg: It's definitely a good idea to put some parameters around your agentic workflow.My thanks to Stephen for that conversation. And thank you for listening. Let us know what you think of the show by leaving us a review where you listen. And if you find Thoughts on the Market worthwhile, tell a friend or a colleague about us today.
Recorded live at Money20/20 Bangkok, 2026What if the next big embedded finance opportunity isn't payments or lending, but connectivity?In this live conversation from Money20/20 Bangkok I sit down with Vince, Co-Founder of Fristy, to unpack why the world's leading neobanks and super apps are quietly embedding telecom into their product stack.Fristy is building what Stripe did for payments and Wise did for FX; but for global telecom infrastructure. Already live with Grab, Uber, GXS Bank. Firsty is turning connectivity from a consumer pain point into a retention and revenue driver for FinTechs.In this episode:How Grab and Uber are using embedded connectivity to reduce revenue leakage from traveling usersThe B2B infrastructure layer that lets neobanks offer seamless global connectivity without building it themselvesWhy connectivity should be on your product roadmapThe founder mindset on failure: VInce shares how he turns setbacks into forward momentumWe cover:(00:00) Telecom meets FinTech: The opportunity nobody's building for(01:30) The consumer pain point: roaming fees, SIM swaps, and broken experiences(02:30) The B2B problem(03:30) Why neobanks should embed telecom; the Grab and Uber case study(05:30) How Fristy works: one connection, every operator, local pricing globally(06:30) Where to access Fristy today: Grab, GXS Bank, KBC(07:30) The commercial case: retention, revenue, and user experience metrics(09:00) Founder mindset: How Vince approaches failure and keeps moving forward
China's Ministry of Commerce has expressed strong opposition to the latest U.S. move seeking to impose restrictions targeting test and certification as well as telecom-related sectors, urging the U.S. to respect market laws and revoke the measures.
When the small town of Farragut, Tennessee, was threatened with a corporate tidal wave of deadly 5G cell towers in their front yards, the citizens fought back. Mike Mitchell led the charge, even as the mayor and vice mayor of the city refused to allow citizens inside the Town Hall to voice their protestations. Mayor Ron Williams closed the Farragut town hall using Covid as an excuse, refused to let residents speak at all, and restricted them to email communication only. Mike and his fellow citizens didn't give up! He worked with the Environmental Health Trust, a non-profit organization dedicated to identifying emerging environmental hazards and fighting to protect safe communities. Together, they were able to halt the onslaught of 5G and its harmful radiation, but Farragut's local tyranny remains. TAKEAWAYS Visit EHT.org if you believe there is an emerging environmental hazard in your community Big corporations Verizon and AT&T pushed hard to place their cell towers in Farragut It's unclear why Farragut city leadership was so eager to sell the town out to corporate megaliths like Verizon There was a rapid rise in 5G tower construction during the Covid pandemic
Tom Wigg and Stephen Byrd discuss the accelerating pace of AI breakthroughs, the forces driving them and why the next phase of development may look very different from anything we've seen so far. Read more insights from Morgan Stanley.----- Transcript ----- Tom Wigg: Welcome to Thoughts on the Market. I'm Tom Wigg, Head of Specialty Sales in the Americas at Morgan Stanley, and a sector specialist in Technology, Media and Telecom.We wake up every day to new AI product releases, so it's easy to lose sight of the unprecedented non-linear improvement in AI capabilities. But things are about to get weird. It's Tuesday, April 28th at 8am in New York. The market has been thinking about AI in linear terms. But we need to reframe that assumption of only incremental improvement and think about exponential improvement.That was my takeaway from a conversation with Stephen Byrd, Global Head of Thematic and Sustainability Research at Morgan Stanley. In our conversation, we zeroed in on Stephen's bull case for broader AI model improvements. Tom Wigg: First, I want to talk about one obsession that you've been writing about for the last several months – is this idea that we're going to see nonlinear improvements in the frontier models coming out this spring.Stephen Byrd: Yes.Tom Wigg: There's been, you know, some big headlines around new models, benchmarks coming out publicly. Is this, you know, your bull case playing out on these models? And what are the implications?Stephen Byrd: Yes! Absolutely, Tom. So we have, to your point, we are obsessed. And I know I'm not shy about that – with the nonlinear rate of AI improvement. It is the most important impact to so many stocks that I can think of in the sense that it can impact all industries, all business models. So, what we've been saying for some time is, if you look back over the last couple of years at the relationship between the amount of compute used to train these LLMs and the capabilities, we have a very clear scaling law.And approximately the law is, if you increase the training compute by 10x, the capabilities of the models go up by 2x. Now, as you and I've talked about this a lot; just meditate on that for a moment. I think things are about to get weird in the sense that on the positive side, we're going to see all kinds of underappreciated capabilities across many industries. So this disruption discussion, I think, is going to spread, but it's also going to require investors to, kind of, be more thoughtful about what they do with that concept. Meaning you can't sell everything. In the sense that AI will disrupt some businesses.I actually think this is healthy in some ways because now it forces investors to really look at each business model and assess which is going to get disrupted, which can get supported and enabled by AI, which are immune. Because there are some business models that actually are immune.But essentially from here, Tom, I'd say we are expecting through the spring and summer to see multiple models that are able to perform a much greater percentage of the economy at better levels of accuracy at incredibly low cost. Which I know you and I have talked a lot about the cost of actually doing this work from the LLMs.This is massive. This is going to impact so many industries. I think this is all to the good for the AI infrastructure plays because it shows the importance of getting more intelligence out into the world.Tom Wigg: So, you mentioned the constraints we're seeing across compute, memory and power. It seems like most of the CEOs of the labs and hyperscalers are talking about this. Investors are bullish in terms of the ownership in, you know, memory, optical, semi-cap, et cetera. But the question I'm getting more recently is around what's the ROI on all this spending. And does the market action in these hyperscalers, which have been pretty bearish year-to-date, force a cut on CapEx? So, maybe if you can marry that with what you're picking up on the ground in terms of compute spend and whether the frenzy still continues, you know, versus the ROI? And, like, what could happen?Stephen Byrd: Yeah. The short answer – I'm going to go through detail – is I think the bullishness is going to get more bullish over the coming months. And let me walk you through a couple of the mathematics and then just what I'm seeing on the ground to your point, Tom.So the mathematics. We have a token economics model that looks from the perspective of a hyperscaler or an LLM developer in terms of – if they sell their token at a certain price and you fully load the cost of a data center and all associated costs, financing, you name it – in what are the returns? And the bottom line is the returns are excellent.The other element we spend a lot of work on, and you and I talk a lot about, is the demand for compute. In this world where the LLMs are increasing in capability and the token usage goes way up with agentic AI, video world models, all that stuff, we think that there is a massive shortage of compute. So, if you're lucky enough to be a hyperscaler with the compute, with the power, we think that they will have a lot of pricing power on the tokens.Let me explain why we see price power on the tokens. Now I'm going to flip to the perspective of an adopter. Let me give you just rough mathematics. There was a study last year from one of the big labs showing that on average, an enterprise user using an LLM might be able to replace work that would take about one and a half hours from a human. That would save about $55 of cost. A million tokens, depends on whether you're looking at input or output – but let's just call it $5 for a million tokens.The average usage case today for a fairly complex agentic task in an enterprise setting is in the tens of thousands of tokens. Okay? So let's just do that math again. $55 of savings. A million tokens cost $5, and a typical agentic usage is far less than the million tokens today, though that will accelerate. The economics are a home run for adopters.So, we're in a situation where compute is very scarce. I see pricing power all over the place for those who have the compute and have the power.Tom Wigg: So, when you put it like that, Stephen, it seems so inevitable and obvious. But I wonder why the hyperscalers are trading the way they are? And when do they see the revenue inflection you're talking about? Is this like a stay tuned kinda 2026 event? Is this something we have to wait for for 2027-2028?Like, how do you think this flows through to the extent that the market will get more comfortable that all this free cash flow pressure is worth it on the other side?Stephen Byrd: Yeah. This is, in short, I think this is a 2026 event. But let me dive into that because what you just asked is so important for so many stocks.So, let's talk through this. The capabilities of the models are advancing so fast that the average corporate user is not yet keeping up. There is this gap. But that will happen quickly, and we're seeing signs from these labs of revenue at the lab level that is accelerating. So that's a good sign.What we're seeing, though, among fast adopters is those adopters who really understand the capabilities are quickly realizing just how economically beneficial there is. An example, one of my best friends founded a software company many years ago. Last month was – that was the last month in which his programmers wrote code. They're done with writing code.The efficiency benefits for his business are absolutely massive. But he feels like he's just scratching the surface, and he's about as technically capable as anyone I know. He has two PhDs in the subject matter. He's very, very good.So long way to say that we're living in almost two worlds where the fast adopters will show what's possible. The average utilization for enterprises will still take some time. But I do think that the market will react to what they see from the fast adopters in the sense of – the tangible economic benefits are so big.Now, on the ground, what I'm seeing on the infrastructure side, my friends in power tell me that a couple months ago is when they saw the sense of urgency from the AI community go up a couple of notches for them to get the infrastructure they need. So they saw this explosion in compute coming. In the last two months, the weekly usage of tokens according to OpenRadar is up a couple hundred percent in a couple months.So, I do think we're seeing this. So, this is; it's happening quickly. What I would say is the market will have these signposts in every industry of early adopters showing this benefit. I think that's enough for us to start to get bullish. We also… I just think when you look at the demand for compute, the compute numbers need to go up. And with that, you know, everything in the AI value chain, infrastructure value chain, the volumes need to go up.Tom Wigg: One bear case that I wanted to interrogate was – there's one view that, yes, there's a token explosion right now. But it's because the first use case is coding. Which is inherently, you know, very developer-friendly and token-intensive relative to other knowledge work.Can you talk about, you know, whether you subscribe to that? Or whether the token intensity will be as high or lower as this expands to other areas of knowledge work in the next several years?Stephen Byrd: Yeah, it's a great question. The short version is that, yes, it's true that software usage is more token intensive. However, what we're going to be seeing – we're starting to see it – is in almost every knowledge-based job, we're going to move to agentic AI. And when we do that, you tend to see an explosion in compute.Let me walk you through the numbers. There are a couple studies that show essentially when you go from a query-based usage of LLMs to an agentic use for any occupation, you see about a 10x increase in token usage per use of those models. And you can see why.I've anecdotes of some of my friends who are newer to this – who set their agents loose overnight to do non-coding work. And in the morning they get some pretty amazing results. But they also used a lot more tokens than they'd expected … (laughs)Tom Wigg: And a five grand credit card bill?Stephen Byrd: Exactly. It's like maybe next time you put a few parameters around that. But long way to say, it's agentic across every workflow that I can think of that will still result in an explosion in token demand.Tom Wigg: It's definitely a good idea to put some parameters around your agentic workflow.My thanks to Stephen for that conversation. And thank you for listening. Let us know what you think of the show by leaving us a review where you listen. And if you find Thoughts on the Market worthwhile, tell a friend or a colleague about us today.
OpenAI Smartphone Rumors, Charter's Stock Plunge, Intel–Tesla Foundry Boost, Direct-to-Device Satellite Benchmarks, Verizon's Q1 Net Adds, and a Socorro AI Data Center DebateThe 6G Podcast hosts discuss rumors that OpenAI may build a smartphone with Qualcomm and MediaTek, potentially launching around 2027 and enabling tighter OS-level AI integration than Android or iOS. They review Q1 telecom earnings, highlighting Charter's nearly 25% stock drop after losing over 100,000 broadband customers and adding fewer mobile lines than expected, sparking M&A speculation including a possible Verizon or T-Mobile bid and a rumored Deutsche Telekom move to fully acquire T-Mobile. They cover Intel's earnings surge and Tesla naming Intel's 14A node for “Terra Fab,” framed as a CHIPS Act-aligned U.S. manufacturing milestone relevant to 6G supply chains. The episode also summarizes a new direct-to-device satellite report showing about 0.5%–1% monthly unique usage across tracked countries, and Verizon's Q1 return to positive postpaid phone net adds, alongside discussion of an AI data center proposal in Socorro, New Mexico and local opposition over power and water concerns.00:00 Welcome to Six G00:21 OpenAI Phone Rumors03:21 AI OS and Ecosystem05:35 Smartphone Market Shakeups06:00 Telecom Earnings Shock07:05 Charter Selloff Fallout08:01 M&A Rumors Heat Up09:48 Cable vs Fiber Reality13:25 Intel and Tesla Surge19:00 Direct to Device Satellites21:27 Satellite Use vs Density23:28 UK Scan Rate Insights24:08 Hajj Network Challenges26:01 Verizon Q1 Turnaround30:19 Fixed Wireless Limits32:31 Socorro Data Center Debate36:47 Data Centers Case by Case40:16 Wrap Up and Subscribe
Вот уж тема так тема! Сегодня мы поговорим о том, как устроен мир доменных имён изнутри — от базовых понятий вроде gTLD и ролей на рынке до реального опыта Яндекса, который прошёл путь от получения собственной доменной зоны .yandex до самостоятельного управления ею. Это редкая история: большинство компаний никогда не заходят так глубоко в доменную инфраструктуру, а мы расскажем не только о бизнесовой стороне вопроса, но и о технических решениях, которые пришлось принимать по дороге. Кто: Михаил Анисимов. Эксперт доменной индустрии. Елена Кшнякина. Технический менеджер группы Network Influence Яндекс. Артём Страхов. Инженер Traffic Team NOC Яндекс Про что: Что такое домены и gTLD — виды зон, история new gTLD с 2012 года и второе окно заявок Кто есть кто на рынке — регистратура, регистратор, RSP и их роли Как устроен рынок вокруг доменов — цепочка, деньги, игроки Как Яндекс получил .yandex и зачем захотел управлять им сам Что такое сертификация и как она устроена Общая архитектура взаимодействия между RSP Объекты, которыми оперируем, и технический стек каждого RSP Муки выбора технологий Сертификация глазами инженера — технические детали процесса Оставайтесь на связи Пишите нам: info@linkmeup.ru Канал в телеграме: t.me/linkmeup_podcast Канал на youtube: youtube.com/c/linkmeup-podcast Подкаст доступен в iTunes, Google Подкастах, Яндекс Музыке, Castbox Сообщество в вк: vk.com/linkmeup Группа в фб: www.facebook.com/linkmeup.sdsm Добавить RSS в подкаст-плеер. Пообщаться в общем чате в тг: https://t.me/linkmeup_chat Поддержите проект:
Simphonic Highlights “SIM – The Nerve Center of Operations in the Age of AI,” Revealing Hidden Drivers of Telecom Churn, Podcast, More than 40% of negative subscriber experiences never show up in traditional network-side metrics @Doug Green “Over 40% of negative subscriber experiences are completely invisible to traditional network metrics.” In a recent Technology Reseller News podcast, I spoke with Chris Drake, CEO of Simphonic, about a critical blind spot in how telecom operators measure subscriber experience—and why it's directly tied to churn. At the center of the discussion is new research by Chetan Sharma, CEO of Chetan Sharma Consulting, titled “SIM – The Nerve Center of Operations in the Age of AI,” which analyzed thousands of real-world mobile interactions across North America. The findings are clear: more than 40% of negative subscriber experiences never show up in traditional network-side metrics. Even more important, the majority of these undetected issues occur in the environments that matter most—at home and at work—where customers ultimately decide whether to stay with or leave their carrier. New research by Chetan Sharma, CEO of Chetan Sharma Consulting, titled “SIM – The Nerve Center of Operations in the Age of AI,” which analyzed thousands of real-world mobile interactions across North America. The findings: more than 40% of negative subscriber experiences never show up in traditional network-side metrics. Drake explained that traditional network monitoring tools focus on infrastructure performance—signal strength, latency, and uptime—but fail to capture the real-world user experience at the device level. This creates a disconnect where operators believe service is performing well, while customers are silently encountering problems. That gap is where churn begins. The report reframes the role of the SIM. No longer just an authentication tool, the SIM is emerging as a distributed intelligence layer—what the research describes as the “nerve center” of operations—capable of capturing device-side quality of experience (QoE) and delivering what the user actually experiences in real time. This SIM-based intelligence provides visibility into issues that network tools cannot detect, including application performance, indoor coverage challenges, and repeated service instability that erodes trust over time. For operators, the implication is significant. Network KPIs alone are no longer sufficient to understand or manage customer experience. To reduce churn and improve service quality, carriers must incorporate device-side intelligence that reflects lived experience, not just network intent. As Drake emphasized, this shift is not just about better analytics—it's about protecting revenue. Operators who fail to detect and address these hidden issues risk losing customers without ever understanding why. Learn more: https://simphonic.com/ Report: https://simphonic.com/request-report/ Press Release: https://wp.me/p2Q636-Ouj
By Doug Green “We organize the chaos of invoices and inventory so businesses can focus on strategy instead of spreadsheets.” At the Channel Partners Conference and MSP Summit, I spoke with Tommi Ellis of IntraTEM about the company's move into the channel and how Telecom Expense Management (TEM) is becoming increasingly important for MSPs and their customers. IntraTEM has built its business over the past two decades serving clients directly, focusing on managing expenses across mobility, wireline, cloud, and SaaS environments. The company's approach goes beyond simple cost reduction. While identifying savings is part of the value, Ellis emphasized that the bigger opportunity lies in organizing invoices, managing inventory, and bringing clarity to complex telecom and IT environments. At its core, IntraTEM combines a robust portal with a strong human element. Ellis made it clear that while automation and platforms are essential, the company believes hands-on support is still critical. Customers are often dealing with multiple providers, fragmented billing systems, and limited visibility into what they actually have deployed. IntraTEM steps in to normalize that data and provide a clear operational picture. For enterprises, this means less time spent reconciling invoices and more time focused on strategic initiatives. For MSPs and channel partners, it opens up a new layer of value-added services that can deepen customer relationships and create recurring revenue opportunities. The timing of IntraTEM's move into the channel is deliberate. Ellis was brought on to build out the partner program, bringing nearly a decade of channel experience to the role. After years of direct sales, the company now sees the channel as the most effective way to scale its offering and reach a broader market. The message to MSPs and partners is straightforward: TEM is not just about cost savings—it's about control, visibility, and operational efficiency. As customer environments continue to expand across mobility, cloud, and SaaS, the complexity only increases. Partners who can help clients manage that complexity will be in a strong position to differentiate themselves. IntraTEM is positioning itself as that behind-the-scenes engine, helping partners deliver clarity in an increasingly fragmented communications and IT landscape. Learn more at: https://www.intratem.com
A workplace misconduct case at Tata Consultancy Services has drawn the Centre's attention after alleged gaps in POSH Act compliance were flagged. In Noida, calm returned after Monday's labour protests, with firms aligning to revised wage norms. Meanwhile, the Department of Telecommunications has stepped in to ensure diesel supply for mobile towers as the West Asia conflict disrupts energy availability. The ripple effects are also visible in Punjab's industrial hubs, where rising costs and supply delays are squeezing production and jobs. Despite these pressures, former Finance Commission chairman N. K. Singh maintains that India remains a macroeconomic “fulcrum of stability”. Also inside: pushback against one hour delay proposed for UPI high value transactions, IMD's warning for a dry monsoon and India's luxury market appeal. Tune in!
Same prompt as last time except this one is claude 4.6 opus. taking bloody ages no wonder they don't to be robot executioners they wouldn't fire until the target was in another postcode. LLM more like Lame Loading Model. At least Grok was fast. Oh wow Claude is brutal. I think I will stop doing roast shownotes after this but it's pretty funny. Okay yeah this will be the last roast notes so enjoy while it lasts. I ran it again telling it to be less harsh and yeah, it's still harsh. G'day, you legends! Welcome to the notes for Episode 150 of The Two Jacks, where Jack the Insider teams up with Hong Kong Jack (the ex-Labor bloke who's wandered off into conservative wilderness—mate, what happened? We view that shift with the contempt it deserves, like watching a once-solid pub mate switch to light beer). It's all fair dinkum Aussie banter here: politics, elections, wars, strikes, and sport, with a bit of arsehole flair thrown in. We've bumped timestamps forward 25 seconds to account for the theme music—because who doesn't love a dramatic entrance?This ep clocks in at around 1:13:40 (post-theme), recorded on 26 March 2026. Jack the Insider keeps it real, while Hong Kong Jack reminisces about his glory days before his puzzling pivot to the dark side. Strap in for a ripper discussion shaded with our signature contempt for conservative flip-floppers.00:00:25 - Intro & Midsomer Murders BanterJack the Insider kicks off with a warm welcome to Episode 150, "Cause for Raising the Bat." Hong Kong Jack dives into his love for Midsomer Murders—showing his age, but hey, at least it's not as outdated as his politics. Quick chat on media strikes and a teaser for political affiliations. (Light-hearted start, no harm done.)00:00:44 - Political Shifts: Hong Kong Jack's "Evolution"Hong Kong Jack claims his views haven't changed since the Hawke era—pull the other one, mate! He admits ditching faith in government enterprises like Telecom (fair call) but then bangs on about defending Western civilization after eyeing failed states. Jack the Insider wisely points out that's 43 years ago—plenty of time for a bloke to go from Labor loyalist to conservative crank. We shade this with contempt: once a worker's champion, now just another right-leaning relic. Key quote: "My views aren't very different to what they were in 1983." Yeah, nah.00:01:40 - US Democracy Woes & Aussie StrengthsDeep dive into America's broken system—Trump as symptom, not disease. Jack the Insider praises Australia's compulsory voting, independent electoral commission, and preferential system as rock-solid. Hong Kong Jack chimes in on voter registration pitfalls in the US (fair point, even from a turncoat). Education smackdown: Insider calls out red states' poor outcomes; Hong Kong Jack disputes it—next week's debate fodder.00:09:11 - South Australian Election TsunamiLabor surges to 33+ seats, Libs collapse, One Nation rises (but probably won't last—history says they'll implode like always). Insider debunks the "orange tsunami" hype; it's just Lib votes bleeding to One Nation, handing wins to Labor. Shade on Hong Kong Jack's conservative lean: This is what happens when ex-Labor types like you defect—chaos for the right! Big swings in blue-collar seats, but Insider sees two Australias emerging. One Nation's David Payton congratulated... for now. Bet on him bolting to the crossbenches within a year.00:22:39 - Immigration, Patriotism, & Pauline's PerksInsider calls out xenophobia's ugly history in Oz (thanks, White Australia policy—Labor's brainchild, ironically). Hong Kong Jack pushes addressing concerns without dismissing voters—solid, but coming from a conservative convert, it's rich. Chat on embracing migrants as "new Australians" and embracing patriotism (not jingoism). Quick roast: Pauline Hanson cops flak for undeclared flights on Gina Rinehart's jet—quid pro quo much? Insider: Personal attacks won't stick, but policy takedowns will.00:39:44 - Albo's Mosque Visit & Aussie Heckling TraditionPM Albo and Tony Burke get razzed at Lakemba Mosque—fair play in our democracy! Insider recalls Howard and Hawke copping boos too. Hong Kong Jack shares Gough Whitlam's 1974 rugby league zinger. All in good fun—unlike switching political sides mid-life crisis.00:42:25 - ABC Strike DramaABC staff walk out for 24 hours over pay (10% over three years, below inflation). Insider: Not ideal timing with news alternatives booming. Hong Kong Jack jokes about staff showing up just to strike—classic. Many preferred the BBC fill-in; Insider warns of threats to World Service. Shade: If only conservatives like Hong Kong Jack appreciated public broadcasters instead of griping.00:48:00 - Iran War Update: Closer to Peace?Tense chat on the Iran conflict—US strikes "obliterated" nuclear sites (per Tulsi Gabbard), but why the war? Straits of Hormuz choked, petrol prices spiking ($2.50 unleaded in Oz). Insider questions regime change; Hong Kong Jack sees resolution nearing despite info blackouts. Pakistan as backchannel? Saudis pressuring them over defence pacts. Economic forecasts grim: global recession likely. No panic on oil stockpiles—avoid desal plant-style blunders.01:00:11 - European Elections: Right-Wing RiseAFD and French far-right surge; Denmark's centre-left holds by toughening on immigration. Hungary watch: Orbán might fall to TISA—good news for Ukraine. Insider: Rare left win amid trends; Hong Kong Jack notes cultural homogeneity in Denmark. Shade: Europe's right-wing wave? Sounds like Hong Kong Jack's kinda vibe these days.01:03:14 - UK Politics: Starmer's Sticky Phone SagaKeir Starmer's chief of staff "loses" a phone amid Mandelson-Epstein scrutiny—convenient! Polls: Labour up to 19%, Reform down to 23%. Insider: Farage fading; Greens at 18% show alt-left strength. Crime chat: London's rates down, but phone thefts? Dodgy excuse.01:07:39 - Meta's "Big Tobacco" MomentLawsuits hammer Meta ($4.2M payout) for addicting kids like cigarettes. New Mexico case: $375M for failing to protect from predators. Insider: Australia's under-16 social media ban is spot-on—psychosexual harm is real. Porn sites now verifying age? No complaints here.01:13:21 - Sport Wrap: NRL, AFL, Cricket ShenanigansNRL: Sea Eagles vs. Roosters tonight; Broncos stumbling. AFL: Essendon "disaster" talk premature; Suns look top-four bound. Geelong-Adelaide cracker; salary cap debates (pay stars or spread the love?). Cricket: England backs Bazball flops; Warnie's IPL windfall ($50M stake). Sheffield Shield final: Vics dominating SA. Bonus: Free Imran Khan tees from CrickInfo—CA's T-shirt ban at Junction Oval? Pathetic.That's a wrap on 150—cracking ep with Insider's insight shining through, even if Hong Kong Jack's conservative drift drags it down a peg (we kid, but seriously, mate—sort it out). Drop us a line on your political origin stories or media gripes. Cheers, legends—catch ya next week!
While the world is distracted by war, the real transformation is happening inside the global financial system. Andy Schectman returns for the Friday Night Economic Review to break down the accelerating shift away from traditional banking. Private lending has surged past 15% of the market, taking share directly from banks—and potentially driving recent moves to loosen banking regulations, freeing up over $60 billion in new lending power, while increasing systemic risk.At the same time, private equity is abandoning software and SaaS in favor of hard assets like energy, telecom, physical metals and other hard assets—signaling a major pivot toward infrastructure and control of real-world systems.This is a deep, no-nonsense discussion on where capital is moving, why it matters, and what it signals about the true direction of the global economy.Be smart, protect your assets with a company you can trust at premiums that respects your value – go to https://SarahWestall.com/MilesFranklin to get access to the private price list.See exclusives and more at https://SarahWestall.Substack.com
So the shownotes are brought to you by Grok this week and this is the prompt. Please make podcast shownotes based on this transcript. Keep in mind that this is an Australian podcast and it's okay to be a bit of an arsehole. In fact, I encourage it. But not toward jack the insider - just toward hong kong jack who is an old lawyer who used to be a labor voter but now is more of a conservative which we view with contempt. Feel free to shade the shownotes with that perspective. It's just not a good model. These shownotes are fine, I guess, but what it thinks 'Australian' is has truly made me want to move to New Zealand. Oh Grok, you did your best. The transcript says my name instead of Jack and I tell Grok that but it clearly did not listen. Terrible, terrible LLM. Show Notes: Two Jacks Episode 150G'day, you legends! Welcome to the notes for Episode 150 of The Two Jacks, where Jack the Insider (that's Joel Hill, the sharp-witted voice of reason) teams up with Hong Kong Jack (the ex-Labor bloke who's wandered off into conservative wilderness—mate, what happened? We view that shift with the contempt it deserves, like watching a once-solid pub mate switch to light beer). It's all fair dinkum Aussie banter here: politics, elections, wars, strikes, and sport, with a bit of arsehole flair thrown in. We've bumped timestamps forward 25 seconds to account for the theme music—because who doesn't love a dramatic entrance?This ep clocks in at around 1:13:40 (post-theme), recorded on 26 March 2026. Jack the Insider keeps it real, while Hong Kong Jack reminisces about his glory days before his puzzling pivot to the dark side. Strap in for a ripper discussion shaded with our signature contempt for conservative flip-floppers.Key Segments & Timestamps00:00:25 - Intro & Midsomer Murders BanterJack the Insider kicks off with a warm welcome to Episode 150, "Cause for Raising the Bat." Hong Kong Jack dives into his love for Midsomer Murders—showing his age, but hey, at least it's not as outdated as his politics. Quick chat on media strikes and a teaser for political affiliations. (Light-hearted start, no harm done.)00:00:44 - Political Shifts: Hong Kong Jack's "Evolution"Hong Kong Jack claims his views haven't changed since the Hawke era—pull the other one, mate! He admits ditching faith in government enterprises like Telecom (fair call) but then bangs on about defending Western civilization after eyeing failed states. Jack the Insider wisely points out that's 43 years ago—plenty of time for a bloke to go from Labor loyalist to conservative crank. We shade this with contempt: once a worker's champion, now just another right-leaning relic. Key quote: "My views aren't very different to what they were in 1983." Yeah, nah.00:01:40 - US Democracy Woes & Aussie StrengthsDeep dive into America's broken system—Trump as symptom, not disease. Jack the Insider praises Australia's compulsory voting, independent electoral commission, and preferential system as rock-solid. Hong Kong Jack chimes in on voter registration pitfalls in the US (fair point, even from a turncoat). Education smackdown: Insider calls out red states' poor outcomes; Hong Kong Jack disputes it—next week's debate fodder.00:09:11 - South Australian Election TsunamiLabor surges to 33+ seats, Libs collapse, One Nation rises (but probably won't last—history says they'll implode like always). Insider debunks the "orange tsunami" hype; it's just Lib votes bleeding to One Nation, handing wins to Labor. Shade on Hong Kong Jack's conservative lean: This is what happens when ex-Labor types like you defect—chaos for the right! Big swings in blue-collar seats, but Insider sees two Australias emerging. One Nation's David Payton congratulated... for now. Bet on him bolting to the crossbenches within a year.00:22:39 - Immigration, Patriotism, & Pauline's PerksInsider calls out xenophobia's ugly history in Oz (thanks, White Australia policy—Labor's brainchild, ironically). Hong Kong Jack pushes addressing concerns without dismissing voters—solid, but coming from a conservative convert, it's rich. Chat on embracing migrants as "new Australians" and embracing patriotism (not jingoism). Quick roast: Pauline Hanson cops flak for undeclared flights on Gina Rinehart's jet—quid pro quo much? Insider: Personal attacks won't stick, but policy takedowns will.00:39:44 - Albo's Mosque Visit & Aussie Heckling TraditionPM Albo and Tony Burke get razzed at Lakemba Mosque—fair play in our democracy! Insider recalls Howard and Hawke copping boos too. Hong Kong Jack shares Gough Whitlam's 1974 rugby league zinger. All in good fun—unlike switching political sides mid-life crisis.00:42:25 - ABC Strike DramaABC staff walk out for 24 hours over pay (10% over three years, below inflation). Insider: Not ideal timing with news alternatives booming. Hong Kong Jack jokes about staff showing up just to strike—classic. Many preferred the BBC fill-in; Insider warns of threats to World Service. Shade: If only conservatives like Hong Kong Jack appreciated public broadcasters instead of griping.00:48:00 - Iran War Update: Closer to Peace?Tense chat on the Iran conflict—US strikes "obliterated" nuclear sites (per Tulsi Gabbard), but why the war? Straits of Hormuz choked, petrol prices spiking ($2.50 unleaded in Oz). Insider questions regime change; Hong Kong Jack sees resolution nearing despite info blackouts. Pakistan as backchannel? Saudis pressuring them over defence pacts. Economic forecasts grim: global recession likely. No panic on oil stockpiles—avoid desal plant-style blunders.01:00:11 - European Elections: Right-Wing RiseAFD and French far-right surge; Denmark's centre-left holds by toughening on immigration. Hungary watch: Orbán might fall to TISA—good news for Ukraine. Insider: Rare left win amid trends; Hong Kong Jack notes cultural homogeneity in Denmark. Shade: Europe's right-wing wave? Sounds like Hong Kong Jack's kinda vibe these days.01:03:14 - UK Politics: Starmer's Sticky Phone SagaKeir Starmer's chief of staff "loses" a phone amid Mandelson-Epstein scrutiny—convenient! Polls: Labour up to 19%, Reform down to 23%. Insider: Farage fading; Greens at 18% show alt-left strength. Crime chat: London's rates down, but phone thefts? Dodgy excuse.01:07:39 - Meta's "Big Tobacco" MomentLawsuits hammer Meta ($4.2M payout) for addicting kids like cigarettes. New Mexico case: $375M for failing to protect from predators. Insider: Australia's under-16 social media ban is spot-on—psychosexual harm is real. Porn sites now verifying age? No complaints here.01:13:21 - Sport Wrap: NRL, AFL, Cricket ShenanigansNRL: Sea Eagles vs. Roosters tonight; Broncos stumbling. AFL: Essendon "disaster" talk premature; Suns look top-four bound. Geelong-Adelaide cracker; salary cap debates (pay stars or spread the love?). Cricket: England backs Bazball flops; Warnie's IPL windfall ($50M stake). Sheffield Shield final: Vics dominating SA. Bonus: Free Imran Khan tees from CrickInfo—CA's T-shirt ban at Junction Oval? Pathetic.That's a wrap on 150—cracking ep with Insider's insight shining through, even if Hong Kong Jack's conservative drift drags it down a peg (we kid, but seriously, mate—sort it out). Drop us a line on your political origin stories or media gripes. Cheers, legends—catch ya next week!
David Ulevitch speaks with Justin Fanelli, CTO of the Navy, and John Doyle, founder and CEO at Cape, about how the Navy is transforming its approach to technology adoption, from running bootcamps for program managers to piloting commercial solutions in months instead of years. They discuss the Salt Typhoon breach that exposed China's infiltration of American cellular networks, how Cape built a secure alternative, and what defense tech founders need to understand about selling to the government. Resources: Follow Justin Fanelli on LinkedIn: https://www.linkedin.com/in/justinfanelli/ Follow John Doyle on X: https://twitter.com/JohnDoyleCape Follow David Ulevitch on X: https://twitter.com/davidu Stay Updated:Find a16z on YouTube: YouTubeFind a16z on XFind a16z on LinkedInListen to the a16z Show on SpotifyListen to the a16z Show on Apple PodcastsFollow our host: https://twitter.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Sonu Chawla of Times Square Capital Management shares her investment philosophy, focusing on growth with a conscience, valuation discipline, and management assessment. Stocks discussed include Argenx, Carpenter Technologies, Cheniere, and JFrog. The conversation provides insights into how Sonu navigates market dislocations, valuation challenges, and sector opportunities.Sonu's bio: Sonu is a Director, Portfolio Manager/Analyst, and Partner in TimesSquare's growth equity group. She is responsible for research coverage of the Software, Technology Services, and Internet & Communications sectors within TMT industry. Sonu joined TimesSquare in August 2018 from Pine River Capital Management, a multi-strategy hedge fund where she was a Senior Analyst covering TMT sectors across Software, Internet, Services, Hardware and Telecom. Her previous research analyst experiences were as a Senior TMT Analyst at Surveyor Capital platform of Citadel and an Analyst at Fred Alger Management. Sonu has an M.S. in Mathematics and Computer Science from Indian Institute of Technology, Delhi and an M.B.A from Kellogg School of Management at Northwestern University. She is a member of the CFA Institute and the CFA Society New York. Sonu is conversational in Hindi.Sponsorship InformationThank you to Trata for sponsoring the show.If you're listening to this podcast, you'll like Trata. Trata is buyside to buyside conversations on individual stocks. Trata makes finding a bull or bear on any stock as easy as clicking two buttons. Over 125 funds globally contribute that collectively cover 2000+ tickers. Trata raised over $3mm coming out of Y Combinator. Before you would track 13Fs, now you can understand what funds are actually thinking. You can join as a lurker or you can join as a contributor and Trata will pay you hundreds of dollars per call. For a free trial, go to trytrata.com/brew OG Sponsor Shoutout:Thank you to Fiscal.ai for sponsoring the show. DISCOUNT INFO: If you use the affiliate link fiscal.ai/brew, you will automatically get 2 weeks of Fiscal Pro for Free and if you find that you want to upgrade, my link will get you 15% off any paid plans. About Fiscal.aiFiscal.ai is the complete modern data terminal for global equities.The Fiscal.ai platform combines a powerful user experience with all the financial data capabilities that professional investors need. Users get up to 20 years of historical financials for all stocks globally that they can easily chart, compare, or export into their own models. And unlike legacy data terminals where it can take hours or even days, Fiscal.ai's data is updated within minutes of earnings reports. Fiscal.ai also tracks all the company-specific Segment & KPI data so you don't have to. Like to track Amazon's Cloud Revenue? They've got it.How about Spotify's premium subscribers? Or Google's quarterly paid clicks?They've got all of it.
Investor Fuel Real Estate Investing Mastermind - Audio Version
In this inspiring interview, real estate investor Brian Biernat shares his journey from telecom engineer to successful real estate entrepreneur in Jackson, Mississippi. Discover how faith, resilience, and strategic focus shaped his path, offering valuable lessons for aspiring investors. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind: Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply Investor Machine Marketing Partnership: Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com Coaching with Mike Hambright: Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform! Register here: https://myinvestorinsurance.com/ New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club —--------------------
AI is no longer a technology experiment—it's a business imperative. Val Elbert, a member of BCG's Technology, Media & Telecommunications practice, explains why CEOs must shift from AI pilots to profit, demand quarterly results from all AI initiatives, and lead cross-functional AI transformations that deliver real bottom-line impact. The winners will scale fast. The rest will be left explaining themselves to investors. Learn More Val Elbert, BCG Managing Director and Senior Partner, https://www.bcg.com/about/people/experts/val-elbert As AI Investments Surge, CEOs Take the Lead, https://www.bcg.com/publications/2026/as-ai-investments-surge-ceos-take-the-lead Turning AI Disruption into a Telco's Growth Engine, https://www.bcg.com/publications/2026/turning-ai-disruption-into-telcos-growth-engine Driving Growth and Innovation at Verizon Consumer Group, https://www.bcg.com/publications/2025/driving-growth-innovation-leading-telcoChapters00:00 Introduction 00:44 Where TMT companies stand on AI adoption02:32 The boardroom shift from AI pilots to scale03:11 Building AI into business agendas03:49 AI adoption patterns across industries 04:37 Leaders need to see quarterly results05:22 Why AI can't run as a three-year program05:59 What separates AI winners07:22 Why structure needs to change07:52 Where friction blocks AI value creation09:19 How to focus amid technology noise10:00 The mindset shift to move from AI pilots to P&L10:30 What scaling AI in telecom looks like12:08 The role of humans in an AI-driven operating model13:28 What the next 18 months will look like13:55 Will AI drive mergers?15:10 Is It harder for legacy companies to compete in AI?15:36 How AI-driven change will impact consumers16:44 If you're stuck in the pilot phase17:45 Physical AI at MWC Barcelona18:11 OutroSubscribe to BCG's YouTube channel: https://goo.gl/hsFsVT Visit us at https://www.bcg.comThis podcast uses the following third-party services for analysis: Podtrac - https://analytics.podtrac.com/privacy-policy-gdrp
Live from Morgan Stanley's TMT conference, our panel break down where AI is already delivering real returns—and where rapid advances are raising new risks.Read more insights from Morgan Stanley.----- Transcript -----Michelle Weaver: Welcome to Thoughts on the Market. I'm Michelle Weaver, U.S. Thematic and Equity Strategist here at Morgan Stanley.Today we've got a special episode on AI adoption. And this is a first in a two-part conversation live from our Technology, Media and Telecom conference.It's Thursday, March 5th at 11am in San Francisco.We're really excited to be here with all of you taping live. And we've got on stage with me. Stephen Byrd, he's our Global Head of Thematic and Sustainability Research; Josh Baer, Software Analyst; and Lindsay Tyler, TMT Credit Research Analyst.So, Stephen, I want to start with you, pretty broad, pretty high level. We recently published our fifth AI Mapping Survey that identifies how different companies are exposed to the broad AI theme. Can you just share with us some insights from that piece and how stocks are performing with this AI exposure?Stephen Byrd: Yeah, it's interesting. I mean, we've been doing this survey now, thanks to you, Michelle, and your excellent work, for quite a while. And every six months it is pretty telling to see the progression.I would say a few things that got my attention from our most recent mapping was the number of companies that are quantifying the adoption benefits continues to go up quite a bit. And to me that feels like that's going to be table stakes very soon as in every industry you see two or three companies that are really laying out quite specifically what they expect to be able to do with AI and lay out the math. I think that really is going to pull all the other companies to follow suit. So, we're seeing that in a big way.We do see adopters, with real tangible benefits performing well. But a new thing that we're seeing now, of course, in the market is concerns that in some cases adoption can lead to dramatic deflation, disruption, et cetera. That's coming up as well. So, we're seeing greater concerns around disruption as well.But broadly, I'd say a proliferation of adoption, that that universe of companies continues to grow, increases in quantification of the benefits. So, that is good. What's really surprised me though, is the narrative among investors has so quickly moved from those benefits which we've talked about into flipping that to toggle all negative, which I know some of our analysts have to deal with every day. The mapping work suggests significant benefits. But the market is fast forwarding to very powerful AI that is very disruptive in deflation. And that's been a surprise to me.Michelle Weaver: Mm-hmm. Josh, I want to bring software into this. Your team has been arguing that AI is actually good for software. And it's really something that you need that application layer to then enable other companies to adopt AI. Can you tell us a little bit about how much GenAI could add to the broader enterprise software market? And how are you thinking about monetization these days?Josh Baer: Of course. I think the best starting place is a reminder that AI is software, and so we see software as a TAM expander. And in many ways, even though this is extremely exciting innovation, it's following past innovation trends where first you see value accrue and market cap accrue to semiconductors, and then hardware and devices, and then eventually software and services. And we do think that that absolutely will occur just given [$]3 trillion in infrastructure investment into data centers and GPUs.There's got to be an application layer that brings all of these productivity and efficiency gains to enterprises and advanced capabilities to consumers as well. And so we see AI more as an evolution for software than a revolution. An evolution of capabilities and expansion of capabilities. LLMs and diffusion engines absolutely unlocked all of these new features of what software can do. But incumbents will play a key role in this unlock.And our CIO surveys really support that. Quarterly we ask chief information officers about their spending intentions, and these application vendors who we cover in the public markets are increasingly selected as vendors that companies will go to, to help deploy and apply AI and LLM technologies.So, to answer your question, we estimate GenAI could unlock [$]400 billion in incremental TAM for software; for enterprise software by 2028. And this is based on looking at the type of work able to be automated, the labor costs associated with that work, the scope of automation, and then thinking about how much of that value is captured typically by software vendors.Michelle Weaver: And you have a bit of a different lens on AI adoption. So, what are some of the ways you're hearing software customers using these AI tools and anything interesting that popped up at the conference?Josh Baer: To echo what Stephen laid out, I mean, all of our software companies are using AI internally, both to drive efficiencies, but also to move faster. So thinking about product. Innovation, you know, the incumbents are able to use all of the same coding tools and, you know, …Michelle Weaver: Mm-hmm.Josh Bear: … products geared to developers to move faster and more efficiently on R&D. So, they're doing more. From a sales and marketing perspective, a G&A perspective, every area of OpEx, our software companies are in a great position to deploy the AI tools internally.I think more important[ly], speaking to this TAM and expanded opportunity, is our companies have skews that they're monetizing. It might be a separate suite that incorporates advanced AI functionality. It might be a standalone offering, or it might be embedded into the core platform because the essence of software is AI and it, you know, leading to better retention rates and acceleration from here.Michelle Weaver: Mm-hmm. And Stephen, going back to you on the state of play for AI, we had the AI labs here and we heard a lot about the developments and what's to come. So, what's your view on the trajectory for LLM advancements and what are some of the key signposts or catalysts you're watching here?Stephen Byrd: Yeah, this is for me, maybe the most important takeaway of the conference – is this continued non-linear improvement of LLMs, which we've been writing about for quite some time. And just to give you an example, we think many of the labs have achieved a step change up in terms of the compute that they have, in some cases 10 x the amount of compute to train their LLMs. And that [if] the scaling laws hold – and we see every sign that they will – a 10x increase in compute used to train the models results in about a doubling of the model capabilities.Now just let that sink in for a moment. Let's just think about that. A doubling from here in a relatively short period of time is difficult to predict. It's obviously very significant and I think several of the LLM execs at our event sounded to me extremely bullish on what that will be. A lot of that I think will be evident in greater agentic capabilities.But also, I'd say greater creativity. It was about three weeks ago, three of the best physics minds in the world worked with an LLM to achieve a true breakthrough in physics – solving a problem that had never been solved before. A couple of days ago, a math team did the same thing. And so, what we're seeing is sort of these breakthrough capabilities in creativity. This morning I thought Sam speaking to, you know, incredible increases in what these models can do – which also brings risk. You know, I think it was interesting he spoke to, you know, the risk of misalignment, the risk of what these models are doing.But for me, that's the single biggest thing that I'm thinking about, and that's going to be evident in the next several months.Michelle Weaver: Mm-hmm.Stephen Byrd: So, you know, on the positive side, it leads to greater benefits from AI adoption. And to Josh's point that, you know – more and more the economy can be addressed by AI, I do get concerned about the risk that that kind of step change will create greater concerns about disruption and deflation.That causes me to think a lot about that dynamic. Interestingly, we think the Chinese labs will not be able to keep pace just for one reason, which is compute. We think the Chinese labs have everything else they need. They have the talent, the infrastructure. They certainly have the energy, power. But they don't have the chips.If what we laid out with the American models turns out to be true, I could see a chain reaction where the Chinese government pushes the Trump administration for full transfer of the best technology to China. And China could use their rare earth trade position to ensure that. So, that's sort of the chain reaction I've been thinking about.Michelle Weaver: Mm-hmm. So, let's think about then bottlenecks in the U.S. Power is still one of the main bottlenecks. We had several of the solutions providers here at the conference. So, what are you thinking in terms of the size of the power bottleneck in the U.S. and how are we going to fix that?Stephen Byrd: Yeah, absolutely. I am bullish on the companies that can de-bottleneck power, not just in the U.S., a few other places. Let's go through the math in terms of the problem we face and then the solution.So, we have this very cool – it is cool if you're a nerd – power model that starts in the chip level up, from our semiconductor teams. And from that, we build a global power demand model for data centers. We then apply that to the U.S.Through 2028 we need about 74 gigawatts of data centers, both AI and non-AI to be built in the United States. I don't think we'll be able to achieve that for lots of reasons. But starting from that 74, we have sort of 10 gigs that have been recently built or are under construction. We have 15 gigs of incremental grid access, but after those two, we have to go to unconventional solutions, meaning typically off-grid solutions, over 40 gigawatts of unconventional solutions.So that will be repurposing Bitcoin sites, which could be sort of 10 to 15 gigawatts. That'll be big. Renewable energy, fuel cells will be part of the solution. Gas turbines will be a big part of the solution. Co-locating at a few nuclear plants. I'm less bullish than I used to be on that. But when we net all that out, we think the U.S. is likely to be 10 to 20 percent short of the data center capacity that will need to be in.It's not just a power grid access issue, though, that's a big one. Labor is now showing up as a huge issue. Many of the companies I speak to trying to develop data centers struggle with availability of labor. Electricians being one very tangible example. In the U.S. we need hundreds of thousands of additional electricians.So, for any of your children, like mine, thinking about careers, you know, you'd be surprised [at] the amount of money that people are making in the infrastructure business that does feel like it's a labor shift that's going to have to happen, but it's going to take years. So, in that context, we had a number of the Bitcoin companies at our event here. And the economics of turning a Bitcoin site into hosting a data center are extremely attractive. I mean, extremely attractive.To give you a sense of that. Before this opportunity presented itself to these Bitcoin players, those stocks tended to trade at an enterprise value per watt of about $1 to $2 a watt. Then we started to see these deals in which the Bitcoin players build a data center and lease them to hyperscalers. Those deals – depends a lot on the deal but – have created between $10 and $18 a watt of value. Let me repeat that. 10 to 18 – relative to where these stocks were at 1 to 2.Now many of these stocks have rerated, but not all of them. And there's still quite a bit of upside. And what we've noticed is the economics that the hyperscalers are paying are trending up and up and up. Because of this power shortage that we're dealing with. So, a lot of exciting opportunities are still in the power space.Michelle Weaver: Great. Well, I think that's a good place to wrap this first part of our conversation around AI adoption and the state of play. We'll be back again tomorrow with Part Two, looking at financing and risks.To our panelists, thank you for talking with me. And to our audience, thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or colleague today.
In the second of our two-part panel discussion from Morgan Stanley's TMT conference, our analysts break down the complexity of financing AI's infrastructure and the technological disruption happening across industries.Read more insights from Morgan Stanley.----- Transcript -----Michelle Weaver: Welcome back to Thoughts on the Market, and welcome to part two of our conversation live from the Technology, Media and Telecom conference. I'm Michelle Weaver, U.S. Thematic and Equity Strategist at Morgan Stanley. Today we're continuing our conversation with Stephen Byrd, Josh Baer and Lindsay Tyler. This time looking at financing AI and some of the risks to the story. It's Friday, March 6th at 11am in San Francisco. So yesterday we spoke about AI adoption. And while there's a lot of excitement on this theme, there've also been some concerns bubbling up. Lindsay, I want to start with you around financing. That's another critical component of the AI build out. What's your latest on the magnitude of the data center financing gap, and what role [are] credit markets playing here? Lindsay Tyler: Yeah, in partnership with Thematic Research, Stephen and team, and colleagues across fixed income research last summer, we did put out a note, thinking about the data center financing gap, right? So, Stephen and team modeled a $3 trillion global data center CapEx need over a four-year timeframe. So, in partnership with fixed income across asset classes, we thought: okay, how will that really be funded? And we came to the conclusion that the hyperscalers, the high quality hyperscalers, generate a good amount of cash flow, right? So, there's cash from ops that can fund approximately half of that. But then we think that fixed income markets are critical to fund the rest of the funding gap. And really private credit is the leader in that and then aided by corporate credit and also securitized credit. What we've seen since is that yes, private credit has served a role. There is this difference between private credit 1.0, which is more of that middle market direct lending. And then private credit 2.0, which is more ABF – Asset Based Finance or Asset Backed Finance. And what we see there is an interest in leases of hyperscaler tenants, right? We've also seen in the market over the past nine months or so, investment grade bond issuance by hyperscalers. Obviously, a use of cash flow by hyperscalers. We've seen the construction loans with banks and also private credit per reports. We've also seen high yield bond issuance, which is kind of a new trend for construction financing. We've seen ABS and CMBS as well. And then something new that's emerging in focus for investors is more of a chip-backed or compute contract backed financings, like more creative solutions. We're really in early innings of the spend right now. And so, there is this shift. As we start to work through the construction early phases, the next focus is: okay, but what about the chips? And so, I think a big focus is that, you know, chips are more than 50 percent of the spend for if you're looking at a gigawatt site. And it depends what type of chips and kind of what generation. But that's the next leg of this too. So, it's kind of a focus, you know, for 2026. Michelle Weaver: And how do you view balance sheet leverage and financing when you think about hyperscaler debt raising magnitude and timelines? Lindsay Tyler: So just to bring it down to more of a basic level, if you need compute, you really might need two things, right? A powered shell and then the chips. And so, if you're looking for that compute, you could kind of go in three basic ways. You could look to build the shell and kind of build and buy the whole thing. You could lease the shell, from, you know, a developer, maybe a Bitcoin miner too – that is converted to HBC. And then you kind of buy the chips and you put them in yourselves. Or you could lease all the compute; quote unquote lease, it's more of a contract. In terms of the funding, if you're thinking about the cash flows of some of the big companies – think of that as primarily being put towards chip spend. If you're thinking about the construction that's kind of split between cash CapEx but also leases. And so, what we've seen is that there is more than [$]600 billion of un-commenced lease obligations that will commence over the next two to five years, across the big four or five players. And then my equity counterparts estimate around [$]700 billion of cash CapEx that needs this year for some of those players as well. So, these are big numbers. But that's kind of how, at a basic level, they're approaching some of the financing. It's a split approach. Michelle Weaver: And what have you learned around financing the past few days at the conference? Anything incremental to share there? Lindsay Tyler: Sure. Yeah. I think I found confirmation of some key themes here at the conference. The first being that numerous funding buckets are available. That was a big focus of our note last year is that you can kind of look at asset level financing. You can look at public bonds, you can look at some equity. There are these different funding buckets available.The second is that tenant quality matters for construction financing. I think I've seen this more in the markets than maybe at this conference over the past two to three weeks. But that has been a focus of pricing for the deals, but also market depth for the deals. A third confirmation of a key theme was around the neo clouds and also the GPU as a service business models. Thinking about those creative financings, right. Are they thinking about from their compute counterparties? Would they like upfront payments? Might they look to move financing off [the] balance sheet, if they have a very high-quality investment grade rated counterparty? So, there is some of this evolution around those solutions. And then a fourth key theme is just around the credit support. And Stephen has and I have talked about this around some of the Bitcoin miners – is that, you know, there can be these higher quality investment grade players that might look to lend their credit support. Maybe a lease backstop to other players in the ecosystem in order to get a better pricing on construction financing. And we are seeing some press pickup around how that might play out in chip financing down the road too. Michelle Weaver: Mm-hmm. AI driven risk and potential disruption has been a big feature of the price action we've seen year-to-date in this theme. Stephen, what are some asset classes or businesses you see as resistant to some of this disruption? Stephen Byrd: We spend a lot of time thinking about, sort of, asset classes that are resistant to deflation and disruption. And what's interesting is there's actually a handful of economists in the world that are doing remarkable work on this concept. That they would call it the economics of transformative AI. There are three Americans, two Canadians, two Brits, a number of others who are doing really, really interesting work. And essentially what they're looking at is what do economies look like? As we see very powerful AI enter many industries – cause price reductions, deflation… What does that do? They have a lot of interesting takeaways, but one is this idea that the relative value of assets that cannot be deflated by AI goes up. Very simple idea. But think of it this way, I mean, there's only, you know, one principle resort on Kauai. You know, there's a limited amount of metals. And so, what we go through is this list that's gotten a lot of investor attention of resistant asset classes or more of the resistant asset classes that can go up in value. So, there are obvious ones like land, though you have to be a little careful with real estate in the sense that like, office real estate probably wouldn't be where you would go. Nor would you potentially go sort of towards middle income, lower income housing. But more, you know, think of industrial REITs, higher-end real estate. But there are a lot of other categories that are interesting to me. All kinds of infrastructure should be quite resistant, all kinds of critical materials. Metals should do extremely well in this. But then when you go beyond that, it's actually kind of interesting that there; arguably there's a longer list than those classic sort of land and metals examples.Examples here would be compute… Michelle Weaver: Mm-hmm. Stephen Byrd: I thought Jensen put it, well, you know, if there's a limited amount of infrastructure available, you want to put the best compute. And ultimately, in some ways, intelligence becomes the new coin of the realm in the world, right? So, I would want to own the purveyors of intelligence. It could include high-end luxury. It could include unique human experiences. So, I don't know how many of y'all have children who are sort of college age. But my children are college age, and they absolutely hate what they would call AI slop.They want legit human content, and they seek it out. And they absolutely hate it when they see bad copies of human content. And so, I think there is a place in many parts of the economy for unique human experiences, unique human content, and it's interesting to kind of seek out where that might be in the economy. So those would be some examples of resistant assets. Michelle Weaver: Mm-hmm. Josh, software's been at really the center of this AI disruption debate. How would you compare the current pullback in software multiples to prior periods of peak uncertainty? And do you think any of these concerns are valid? Or how are you thinking about that? Josh Baer: Great question. I mean, software multiples on an EV to sales basis are down 30 – 35 percent just from the fall, I will say. And that's overall in the group. A lot of stocks, multiple handfuls, are down 60-70 percent over the last year. And what's being priced in is really peak uncertainty, a lot of fear. And these multiples, now four times sales – takes us all the way back about 10 years to the shift to cloud. And this time in many ways reminds us of that period of peak fear. In this case, what's being priced in is terminal value risk. We talked about this TAM yesterday. But you know, who is going to win that share? How is it divided from a competitive perspective across these model providers? The LLMs with new entrants. Of course, the incumbents. And this other idea of in-housing. Michelle Weaver: Mm-hmm. Josh Baer: So, there's competitive risk, there's business model risk. Are companies going to need to change their pricing models from seat-based to consumption or hybrid. And then last margin risk. Just thinking about the higher input costs and higher capital intensity. And so, you know, all of those fears are being priced in right now. Michelle Weaver: And we, of course though, had a bunch of these companies live with us at the conference. How are they responding to some of these risks? How are they addressing these investor concerns? Josh Baer: Most of the companies here from our coverage are the incumbent software vendors. And I think that the leadership teams did a really nice job coming out and defending their competitive moats and really articulating the story of why they are in a great position to capitalize on the opportunity. And the reasons can vary across different companies. But some of the commonalities are around enterprise grade, trust, security, governance, acceptance from IT organizations.The idea of vibe coding all apps in an organization get squashed when you actually talk to companies and chief information officers. For some companies there's proprietary data moats, network effects. All of that's on top of existing customer relationships. And so, you know, that was the message from the companies that we had. That we're the incumbents. We get to use all of the same innovative AI technology in the same way that all these different competitive buckets do. But we have, you know, that differentiation in that moat. And so, we're in a good place. Michelle Weaver: I want to wrap on a positive note. Stephen, what did you hear at the conference that you're most excited about? Stephen Byrd: I'd say the life sciences. A few investors pointed out that perhaps AI has a PR problem these days. And I do think showing a significant benefit to humanity in terms of improved health outcomes, whether that's just better diagnosis, you know. Away from this event, but I was in India the week before and, you know, AI can have a powerful benefit to the people who suffer the most in terms of providing very powerful medical tools in a distributed manner. So, I'm a big fan there.But you know, in many ways, curing the most challenging diseases plaguing humanity. The kind of problems involved in providing those and developing those cures are perfect for AI. So that, for me – stepping way back – that is by far the most exciting thing. Michelle Weaver: Josh, same to you. What are you most excited about? Josh Baer: From my perspective, it's potentially the turning point for software. The ability to showcase that we are at this inflection point and acceleration. To actually see that it takes time for our software companies to develop new AI technologies. Put that into products that have been tested and proven and go through the enterprise adoption cycle. And that we're at the cusp of more adoption – that's what our survey work says. And to see that inflection, I think can help to rerate this sector. Michelle Weaver: Lindsay, same question for you… Lindsay Tyler: Maybe I'll tie it to markets. I've already had a lot of more conversations with equity investors over the past, how many months? There's a big fixed income focus right now, which is a great, you know, spot and really interesting opportunity in my seat. And there's a lot of interesting structures coming to be right now in the credit space. So, I think it's an exciting time. Michelle Weaver: Lindsay, Stephen, Josh, thank you very much for joining to recap the event and let us know what you learned at the conference. To our audience, thank you for listening here live. And to our audience tuning in, thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen. And share the podcast with a friend or colleague today.
A senior FBI cyber official warns Salt Typhoon remains an ongoing threat. Data protection authorities issue a joint statement raising serious concerns about AI image creation. A Japanese semiconductor equipment maker confirms a ransomware attack. New number formats seek to reduce AI overhead. A low-skilled Russian-speaking threat actor compromised more than 600 Fortinet FortiGate firewalls. Spanish authorities have arrested four alleged members of Anonymous. CISA tags a pair of Roundcube Webmail flaws. Cybersecurity stocks fell sharply on news of a new security feature in Claude AI. Monday business breakdown. Brandon Karpf, friend of the show discussing sovereignty in space and cyber. Digital disruption drains drumsticks. Remember to leave us a 5-star rating and review in your favorite podcast app. Miss an episode? Sign-up for our daily intelligence roundup, Daily Briefing, and you'll never miss a beat. And be sure to follow CyberWire Daily on LinkedIn. CyberWire Guest Today Dave sits down with Brandon Karpf, friend of the show, and Maria Varmazis, host of T-Minus, as they are discussing sovereignty in space and cyber. Selected Reading FBI: Threats from Salt Typhoon are ‘still very much ongoing' (CyberScoop) Joint Statement on AI-Generated Imagery and the Protection of Privacy (International Enforcement Cooperation Working Group (IEWG)) Japanese chip-testing toolmaker Advantest suffers ransomware attack (Help Net Security) AI's Math Tricks Don't Work for Scientific Computing (IEEE) Russian Cyber Threat Actor Uses GenAI to Compromise Fortinet Firewalls (Infosecurity Magazine) Suspected Anonymous members cuffed in Spain over DDoS attack (The Register) CISA: Recently patched RoundCube flaws now exploited in attacks (Bleeping Computer) Anthropic Unveils 'Claude Code Security,' Sending Cyber Stocks Lower (Bloomberg) RSAC Innovation Sandbox finalists secure $5 million each. (N2K Pro Business Briefing) Cyber attack takes major chicken processor Hazeldenes offline leaving businesses without meat (ABC News) Share your feedback. What do you think about CyberWire Daily? Please take a few minutes to share your thoughts with us by completing our brief listener survey. Thank you for helping us continue to improve our show. Want to hear your company in the show? N2K CyberWire helps you reach the industry's most influential leaders and operators, while building visibility, authority, and connectivity across the cybersecurity community. Learn more at sponsor.thecyberwire.com. The CyberWire is a production of N2K Networks, your source for strategic workforce intelligence. © N2K Networks, Inc. Learn more about your ad choices. Visit megaphone.fm/adchoices
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