British Telecom (BT), will introduce a device and service that it hopes will bridge the gap between fixed and mobile services. The new service is initially being trialled with 400 users and will be rolled out commercially in September. BT Fusion is the culmination of years of technical development and market research that was previously known as Project Bluephone. The new wireless handsets will connect to BT�s traditional fixed line network when users are in their homes but will automatically log on to a mobile network when subscribers leave the home environment. BT moved out of mobile telephony in 2001 when it spun off what used to be called mmO2 into a separate, independent business. Significantly, for the telco�s return to the mobile arena, it is partnering with Vodafone rather than with its offspring, O2. BT hopes the service will create �1 billion of additional revenue. It's part of the carrier�s long-term strategy to stem the loss of fixed line customers that are churning away in increasing numbers, and opting for mobile connectivity instead.
Technology is a compelling catalyst for economic growth across the globe. Artificial intelligence (AI) rides a seismic wave of transformation in the Asia-Pacific (APAC) region — a market bolstered by bold government initiatives, swelling pools of capital, and vibrant tech ambition. The latest IDC analysis sheds light on this dynamic market. Despite a contraction in deal volumes through 2024, total AI venture funding surged to an impressive $15.4 billion — a signal of the region’s resilience and the maturation of its digital-native businesses (DNBs). Asia-Pacific AI Market Development The APAC AI sector’s funding story is not just about headline numbers but also about how and where investments are shifting. Even as the number of deals slowed, the aggregate value of investments climbed, reflecting a preference among investors for fewer but larger, high-potential bets on mature or highly scalable AI enterprises. The information technology sector led the AI investment charge. Top area...