Author: Newsbit

  • New funding is secured by Brightspeed to support the fiber broadband use

    New funding is secured by Brightspeed to support the fiber broadband use

    New funding will help accelerate Brightspeed’s effort to reach 5 million homes with fiber, the Charlotte-based internet service provider (ISP) has announced.

    The $575 million in new funding, announced Thursday, builds on the $3.7 billion raised by Brightspeed in 2024, according to the ISP.

    Brightspeed, which operates a footprint that spans across 20 states, says they’ve passed approximately 1 million homes with fiber in 2025.

    “The additional capital reflects robust support from investors and affirms their confidence in the Brightspeed thesis: a large, underpenetrated footprint, a focused and proven build engine, and a long runway for value creation through fiber expansion,” the ISP’s release explained.

    Michel Combes, Brightspeed’s executive chairman and CEO, said the new capital will allow Brightspeed to maintain their aggressive build strategy.

    In comments included with Brightspeed’s release, he said the company will continue “bringing high-speed connectivity to communities that have historically lacked quality broadband options.”

    “We’ve made tremendous progress, and this new funding underscores the credit market’s belief in our strategy and reaffirms the strength of our execution,” Combes said.

    Beyond private funding, nearly $300 million in public broadband grants and subsidies have been secured by Brightspeed to date, the ISP stated.

    The company, which leverages XGS-PON technology to deliver multi-gig speeds, remains focused on building fiber “quickly and efficiently, bringing future-proof fiber connectivity to as many homes and businesses in our footprint as possible,” Combes stated.

    “We are delivering results at scale and remain committed to maintain our strong build momentum,” he said.

    Currently, Brightspeed services are across 530 communities, the ISP’s release stated, with a network platform capable of serving over 7 million homes and businesses. BBCMag

  • Alibaba’s new AI data center expedites South Korea’s effort

    Alibaba’s new AI data center expedites South Korea’s effort

    Alibaba Group Holding Ltd. plans to launch a second data center in South Korea by the end of June, according to a Thursday statement. The facility will support cloud computing and artificial intelligence services for local businesses.

    The new site is part of Alibaba’s 380 billion yuan investment in AI and cloud infrastructure announced earlier this year. A data center is a secure facility housing servers and networking equipment to process and store large volumes of data.

    Alibaba said growing demand from South Korean firms for scalable computing and AI tools drove the expansion. The first South Korea center went live last year, and this follow-up aims to boost capacity for applications such as e-commerce, machine learning and enterprise software.

    The move underscores Alibaba’s effort to extend its cloud footprint beyond China. Analysts note that regional data hubs can reduce latency and comply with local regulations on data storage. South Korea’s fast-growing digital economy makes it a strategic market for cloud providers.

    Based on the one year price targets offered by 38 analysts, the average target price for Alibaba Group Holding Ltd is $159.54 with a high estimate of $189.16 and a low estimate of $101.94. The average target implies a upside of +40.58% from the current price of $113.49.

    Based on GuruFocus estimates, the estimated GF Value for Alibaba Group Holding Ltd in one year is $110.76, suggesting a downside of -2.41% from the current price of $113.49. Yahoo Finance

  • Weeks after Musk’s xAI deal, EU says it looks at the firm’s setup

    Weeks after Musk’s xAI deal, EU says it looks at the firm’s setup

    The European Union said it was seeking more information from Elon Musk’s X about changes to its corporate structure, months after the social media platform was bought by xAI in a $33 billion deal.

    “We are following closely changes in the corporate structure of X, as we would changes in any other designated platform,” a spokesperson for the European Commission, the EU’s executive arm, said.

    Before its summer recess in August, the regulator could announce a fine on X for alleged infractions under the DSA, though delays are possible, Bloomberg reported.

    Any firm found in breach of the DSA faces a fine worth up to 6% of its global turnover, and repeat offenders may be banned from operating in Europe altogether.

    Earlier this month, X highlighted a disclaimer to its blue checkmark in an attempt to head off a possible hefty fine from EU antitrust regulators.

    The Commission issued preliminary findings under the DSA in July last year that X violated rules on deceptive design, especially by turning the blue checkmark into a paid verification, assigning false credibility to users. Reuters

  • Global access is cut off amid a major internet outage in Iran

    Global access is cut off amid a major internet outage in Iran

    Iranians are largely cut off from global communications after their Internet went down, the London-based NetBlocks organisation that monitors cybersecurity said.

    “Metrics show Iran has now been offline for over 12 hours as authorities impose a nation-scale Internet shutdown,” the non-profit organisation posted on X early on Thursday.

    On Wednesday, Netblocks posted that live network data showed Iran is in the midst of a near-total national Internet blackout. The blackout followed a series of earlier partial disruptions and came amid escalating tensions with Israel after days of back-and-forth missile strikes. The Malaysian Reserve

  • ₹136cr multi-specialty hospital in TN’s is almost finished

    ₹136cr multi-specialty hospital in TN’s is almost finished

    The construction of a multi-specialty hospital at an outlay of ₹136 crore on the premises of Thoothukudi Government Medical College and Hospital (TKGMCH) is nearing completion, marking a significant milestone in the region’s healthcare department. The infrastructure works of the facility are currently in progress, bringing the project closer to full-scale operation.

    The 650 bedded facility is being developed on a 4.1 acre site, and will comprise seven floors. Of the total cost, ₹118.35 crore has been allocated for civil and electrical works, ₹16 crore for medical equipment and ₹2 crore for furniture. Once completed, the hospital is expected to provide specialised and comprehensive care under one roof.

    The hospital has been designed to cater to a wide range of facilities. The ground floor of the hospital will house the radio diagnosis unit, radiation oncology, central lab, central sterile supply department and pharmacy. The first floor will be dedicated to cardiology and cardio thoracic surgery, including a cath ICU. The second floor will accommodate neurology and neurosurgery departments, while the third floor will be allotted to nephrology and urology. The fourth floor will house departments of medical and surgical gastroenterology and the fifth floor will be for medical and surgical oncology. The sixth floor will cater to plastic surgery and burn injuries and the seventh floor will feature operation theatres and post operative wards.

    To ensure smooth and efficient functioning the hospital administration has proposed for 52 doctors, 150 staff nurses, 36 ministerial staff, 110 para medical staff and 70 sanitary workers. As the final stages of infrastructure work progress, installation of medical equipment will begin following necessary government approvals.

    Speaking about the upcoming medical facility in Thoothukudi, Silas Jeyamani, Resident Medical Officer of TKGMCH said that the new hospital would significantly improve the functioning of each department, many of which currently operate in limited spaces. He added that departments such as medical oncology, surgical oncology and nephrology have so far been functioning as a single man department and the new facility will allow for the appointment of additional doctors in every department. The Hindu

  • Dialysis gear sales in India anticipate to rise at a 2% CAGR

    Dialysis gear sales in India anticipate to rise at a 2% CAGR

    India’s dialysis machines market is projected to expand at a compound annual growth rate of 2% through 2036, according to GlobalData.

    The sector’s growth is attributed to the urgent demand for advanced dialysis treatment amidst an increase in chronic kidney disease cases, particularly in semi-urban and rural areas.

    “The emergence of artificial intelligence (AI)-driven and cloud-connected technologies is enabling earlier interventions and personalised care, especially in resource-scarce regions,” said Nidhi Bharti, Medical Devices Analyst at GlobalData.

    The country accounted for around 3% of the Asia-Pacific market in 2024. Healthcare Asia Magazine

  • India’s COVID-19 case drop: Experts’ views on risks rising signs, and safety

    India’s COVID-19 case drop: Experts’ views on risks rising signs, and safety

    India, among many other countries across the globe, witnessed a sudden rise in COVID-19 cases. Triggered by four new Omicron sub-variants—LF.7, XFG, JN.1.16, and NB.1.8.1—several fresh cases emerged across India until Friday. On 20 June, positive cases witnessed a gradual decline. While the daily case numbers are dropping and the overall severity has remained low, health experts caution that the situation is far from over.

    Decline in Covid cases, how safe is India?
    India’s active COVID-19 caseload dropped to 5,976 on Friday, marking a decline from 6,483 cases reported the previous day.

    Narayana Health City’s Dr Nidhin Mohan from general medicine told Livemint, “New COVID-19 variants tend to spread more rapidly and may be less responsive to existing vaccines.”

    According to doctors, these new sub-variants are highly transmissible but have not shown signs of causing more severe illness than earlier strains. The similarity is that those with compromised health and kids are at risk.

    Dr Michelle Shah, Pediatric Lifestyle Medicine Specialist, pointed out, “These four sub-variants (LF.7, XFG, JN.1.16, and NB.1.8.1) are part of the evolution of the Omicron lineage. What we’re seeing is increased transmissibility. JN.1.16, a descendant of the widely circulating JN.1, has shown dominance in India. All these mutations are adept at immune escape, which is why reinfections occur, even in vaccinated individuals. However, vaccines continue to offer robust protection against severe disease and hospitalisation.”

    What to watch out for
    The new strain comes with mild symptoms– fever, continuous cough, loss of appetite or razor-blade sore throat.

    “By and large, symptoms are mild. Patients with fever, cough or red nose were particularly affected,” shared Dr Umang Agrawal, who handles infectious diseases at P. D. Hinduja Hospital & Medical Research Centre, Mahim, Mumbai.

    “Mild doesn’t mean negligible. People should watch for prolonged fatigue, chest discomfort, shortness of breath, or high-grade fever lasting more than 3 days. Also, if someone feels better and then worsens after a few days, that could be a sign of a secondary infection or post-viral inflammation. In children, elderly and immunocompromised, even low-grade symptoms warrant medical attention,” warns Shah.

    “Typical current symptoms are very similar to the common cold: sneezing, runny nose, sore throat, dry cough, and mild fever. Some also experience a persistent cough that interrupts sleep, fatigue, or shortness of breath or chest discomfort (which anyone with existing conditions should be concerned about). In some cases, COVID symptoms are not even respiratory symptoms at all: gastrointestinal symptoms or neurological symptoms. Rarely, there can be mild clotting issues,” explains Dr Raja Dhar, Director & HOD of Pulmonology at The Calcutta Medical Research Institute.

    Long-term effects remain unknown
    Despite mild symptoms, medical professionals warn that long-term effects are still not fully understood.

    “The concern around long COVID or post-COVID syndrome remains in the conversation, but it has certainly had lower proportions of the diseased assessed as milder. When we looked at the studies during the earlier Omicron waves, about 20 per cent of people reported long-term symptoms. However, that number has now decreased. Many will still experience some residual effects of fatigue, muscle pain, changes to mood, and changes to sleep, which are typical residual symptoms following many viral infections. While not completely absent, the risk of longer-term complications with these newer sub-variants appears to remain low,” Dhar noted.

    Who is at risk now?
    Since January, over 100 COVID-related deaths have been reported in India, mostly among those with pre-existing health conditions. This highlights the ongoing danger for the elderly and immunocompromised.

    “It’s a reminder that for vulnerable groups, COVID-19 is still very much a threat. Pre-existing conditions like heart disease, diabetes, and compromised immunity greatly increase the risk of complications, even from supposedly ‘mild’ variants. We need to ensure these individuals are prioritised for early treatment,” Shah observed, underscoring the risky attitude of those putting their guards down after the decline in COVID-19 cases.

    Kerala, Gujarat, Karnataka, and Delhi have seen more cases than other regions. Experts attribute this to factors like higher population density, increased testing, and more frequent travel.

    “All these states have almost always been among the first to witness a surge in COVID cases through all waves, including Omicron, primarily because of a high degree of intrastate and interstate movement, urban density, and travel, both domestic and international,” says Dhar.

    Advice for the public
    Doctors advise people should continue following basic precautions to protect themselves and others.

    During any surge in cases, one must be extra cautious, especially in public and crowded places.

    Annual COVID vaccination is necessary, particularly for high-risk groups. LiveMint

  • To win the AI talent war, Meta offers OpenAI engineers up to $100M

    To win the AI talent war, Meta offers OpenAI engineers up to $100M

    Meta Platforms tried to poach OpenAI employees by offering signing bonuses as high as $100 million, with even larger annual compensation packages, OpenAI chief executive Sam Altman said.

    While Meta had sought to hire “a lot of people” from OpenAI, “so far none of our best people have decided to take them up on that,” Altman said, speaking on the “Uncapped” podcast, which is hosted by his brother.

    “I’ve heard that Meta thinks of us as their biggest competitor,” he said. “Their current AI efforts have not worked as well as they have hoped and I respect being aggressive and continuing to try new things.”

    The Meta CEO is personally trying to assemble a top artificial intelligence team for its “superintelligence” AI lab and has invested heavily in AI through its Meta AI research division, which also oversees its Llama series of open-source large language models.

    The moves come after Meta had once again delayed the release of its latest flagship AI model due to concerns about its capabilities, according to a report from the Wall Street Journal.

    Zuckerberg has become so frustrated with Meta’s standing in AI that he’s willing to invest billions in top talent.

    Last week Alexandr Wang, founder of Scale AI, announced he was leaving for Meta as part of a deal that saw the Facebook parent dish out $14.3 billion for a 49% stake in the AI startup. Wang added that a small number of Scale AI employees would also join Meta as part of the agreement. CNBC

  • BSNL soft debuts “Quantum 5G FWA,” an indigenous SIM-less 5G service

    BSNL soft debuts “Quantum 5G FWA,” an indigenous SIM-less 5G service

    Bharat Sanchar Nigam Limited (BSNL), the government-owned telecommunications provider, has announced the launch of high speed connectivity solutions in Telangana circle, including Quantum 5G FWA (Fixed Wireless Access), Micro Data Centre and International Gateway, in Hyderabad on Wednesday.

    Chairman and managing director A. Robert J. Ravi said the SIM-less BSNL Q-5G (FWA) services aims to provide 100% secure, reliable internet connectivity to enterprises, businesses, gated communities and individual homes using ‘home grown’ 5G technology developed in collaboration with indigenous partners.

    Addressing customers and staff, he said the service is being launched for the first time in the country at Ameerpet exchange. “Hyderabad’s tech-savvy ecosystem makes it the perfect launch-pad for our next-generation access portfolio. It has beenbuilt on BSNL’s direct-to-device platform, fully indigenous stack core with design and integration by Indian vendors under the ‘Atmanirbhar Bharat’ programme,” he said.

    With Gigabit-class speeds, it is ideal for UHD (ultra high definition) streaming, cloud gaming and remote work; the rapid install self-install gateway reaches 85% of Hyderabad households under existing BSNL tower grid with no trenching or fibre pull required.

    The pilot expansion will also happen in Bengaluru, Pondicherry, Visakhapatnam, Pune, Chandigarh and Gwalior by September 2025. The tariff introductory plans is ₹999 and ₹1,499 per month for 100Mbps and 300Mbps speeds, respectively.

    Micro data centre
    BSNL Micro Data Centre is a small scale self-contained data centre designed to provide localised computing resources, storage and networking as an alternative to available cloud solutions, said the CMD. These are ideal for healthcare facilities providing quick access to medical imaging and patients, manufacturing plants, retail stores etc., providing virtual servers, storage and security with option of hiring space in BSNL data centres.

    International Gateway is for connecting domestic telecom network to international telecom networks for quality voice, SMS and data communications assuring a seamless internet experience. Another area of technology development has been in working on 6G with government support where each mobile phone will act as an antenna, added Mr. Ravi.

    Chief General Manager D.M Ezhil Buddhan, Chief General Manager-Telangana Circle Ratna Kumar and other top officials were present. The Hindu

  • Mobile data will reach 5,200 EB by 2030, rising by 23% yearly

    Mobile data will reach 5,200 EB by 2030, rising by 23% yearly

    The worldwide mobile connectivity market is undergoing a significant transformation, with mobile data traffic increasing rapidly while subscriber growth slows. According to ABI Research, a global technology intelligence firm, mobile data traffic is expected to increase by a 23% compound annual growth rate (CAGR) from 2025 to 2030, reaching over 5,241 exabytes (EB) by the decade’s end. This surge in data usage is primarily driven by the rising demand for bandwidth-intensive services like high-definition video streaming, immersive gaming, and always-on mobile apps, all of which require greater network capacity and lower latency. In contrast, mobile subscriptions are projected to grow at a much slower pace, increasing by just 0.17% annually and reaching 5.659 billion subscribers globally by 2030.

    While subscriber growth remains steady, the real transformation lies in the increasing amount of data individual users are consuming. The slower pace of subscriber growth in many regions can be attributed to market saturation, especially in mature markets where most potential customers already have mobile subscriptions. “In contrast, subscriber numbers are growing in many emerging markets, driven by population growth and greater access to mobile services. However, economic challenges, infrastructure limitations, and the affordability of smartphones continue to hinder faster adoption in these regions. The real growth lies in how much more data individual users are consuming,” says Samuel Bowling, Research Analyst at ABI Research.

    As users engage in data-heavy activities, networks must evolve to meet these higher demands. The rollout of 5G networks plays a central role in this shift. 5G’s advanced capabilities, such as faster speeds, ultra-low latency, and better support for applications like Augmented Reality (AR) and the Internet of Things (IoT), are significantly increasing mobile data traffic. Between 2025 and 2030, 5G is expected to account for a 2,200 EB rise in global data traffic, fueling this expansion as more users transition to 5G networks. To accommodate this surge in demand, operators must enhance their infrastructure to deliver the performance required by next-generation technologies.

    Although 4G networks will see a decline in subscribers—expected to drop to around 1.4 billion by 2030—their data consumption will continue to grow, at a rate of 16% annually. This highlights that while newer 5G networks will take the lead, 4G will still support significant data usage across the globe. Regionally, India is expected to be a major contributor to global data consumption, driven by a growing population, expanding 5G deployment, and some of the most affordable data plans. By 2030, India’s mobile data traffic is projected to reach approximately 1,275 EB. At the same time, older technologies like 2G and 3G are rapidly fading, with subscriptions expected to decline sharply, especially as countries like Sweden and Israel plan to shut down their legacy networks by 2026.

    Bowling concludes, “Success in the mobile market will increasingly depend on network performance and user experience rather than simply the number of subscribers. As data traffic grows faster than subscriptions, operators must focus on optimizing network efficiency, implementing effective data monetization strategies, and meeting the demands of next-generation digital services. Those who can adapt to this shift in priorities will be best positioned to lead in the coming decade.” ABI Research