A bill that would make it easier for telephone companies to sell cable TV may be put to a vote again in the Texas statehouse this week, revived for the second time since May courtesy of an unrelated stalemate over public school funding. The wide-ranging telecommunications bill, approved by separate House and Senate committees on Thursday, is one of several initiatives in statehouses around the nation and in Congress that would enable phone companies to avoid the arduous task of securing thousands of local cable TV licenses. Those efforts have already stalled in Virginia and New Jersey, two of the states where Verizon Communications Inc. and SBC Communications Inc. are investing billions of dollars to upgrade their local phone networks to deliver TV and faster Internet connections.
Across the globe, many CEOs invested in initiatives to expand their digital offerings. User experience enhancements that are enabled by business technology were a priority in many industries. Worldwide end-user spending on public cloud services is forecast to grow 21.7 percent to a total of $597.3 billion in 2023 -- that's up from $491 billion in 2022, according to the latest market study by Gartner. Cloud computing is driving the next phase of digital transformation, as organizations pursue disruption through technologies like generative Artificial Intelligence (AI), Web3, and enterprise Metaverse. Public Cloud Computing Market Development "Hyperscale cloud providers are driving the cloud agenda," said Sid Nag, vice president at Gartner . Organizations view cloud computing as a highly strategic platform for digital transformation initiatives, which requires providers to offer new capabilities as the competition for digital business escalates. "For example, generativ