News of Note—Ford’s mobility ventures; MediaTek’s 5G investments

news of note
MediaTek plans to make additional investments into sectors such as 5G and AI. (Pixabay)

Here are some other stories we're following:

> Ford Motor Company announced its long-rumored plan to buy the abandoned Michigan Central Station and restore it as hub for its future mobility ventures. The Verge article

> An advanced hacking campaign originating in China has spent the past year infiltrating satellite operators, defense contractors and telecommunications companies in the U.S. and Southeast Asia, researchers from Symantec said. Ars Technica article

Sponsored by Arm

The Economist Intelligence Unit IoT Business Index 2020: A Step-Change in Adoption

The longest-running business study into the Internet of Things (Sponsored by Arm) reports that devices have reached maturity with accelerating investment, stronger ROI and quicker progression towards extensive deployment.

> MediaTek plans to pour in additional investments to its advanced technology R&D as the company expects to speed up deployments in emerging sectors such as 5G and artificial intelligence. Digitimes article

> Altice Europe is selling stakes in its tower businesses for the sum of $2.9 billion in an effort to reduce debts and open up new revenue streams. Light Reading article

> President Trump and lawmakers continue to debate the fate of measures against Chinese smartphone vendor ZTE. Reuters article

> Bentley Systems said it acquired Synchro Software, which makes 4D construction modeling software. Release

> The Car Connectivity Consortium, which includes Apple as a member, said it purchased its new Digital Key Release 1.0 specification for users to get into cars using their phones. Macrumors article

> Nokia said it will use HCL Technologies to help it streamline its outsourced IT management services. Release

> Some U.S. lawmakers are calling on Google to sever ties with China’s Huawei. Reuters article

> Apple’s AirPower charging mat is rumored to ship in September following “technical hurdles.” The Verge article

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