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<ul class="summary-list"><li>Mobile World Congress, a mobile communications trade show, is coming to Las Vegas this week.</li><li>This year, it focuses on enterprise transformation, AI networks, and 5G edge computing.</li></ul>Techies, salespeople, and industry executives are arriving in Nevada this week for MWC Las Vegas, which kicks off today.Big-name companies are set to be in attendance, with speakers from Nvidia, Salesforce, and UScellular giving presentations or panel talks.The annual mobile-communications trade show brings more than 250 exhibitors, sponsors, and partners to the Las Vegas Convention Center in Sin City from Tuesday to Thursday."MWC Las Vegas 2024 is North America's top event for businesses and industries looking to harness the power of 5G and AI," Lara Dewar, chief marketing officer of the conference's organizer, GSMA, told Business Insider. "It brings together leading experts in 5G technology, showcasing real-life use cases that demonstrate how 5G, edge computing, and IoT are transforming industries, driving innovation, and solving critical business challenges."5G technology is on track to add $210 billion in GDP to the North American economy by 2030, GSMA's "Mobile Economy North America" <a target="_blank" class="" href="https://www.gsma.com/solutions-and-impact/connectivity-for-good/mobile-economy/northamerica/">report said</a>.Key themes at MWC this year include enterprise transformation, AI networks, and 5G edge computing."5G is at a pivotal point at the moment, in particular when it comes to the opportunities for B2B business," Dewar said. "Telcos are looking to monetize their investments in 5G and they need to look beyond core telecom solutions and service areas, which offer limited headroom for growth. Enterprise spending on tech services, such as cloud and data center, cybersecurity, <a target="_blank" class="" href="https://www.businessinsider.com/iot-devices-security-concerns-5g-networks-2023-11">IoT</a>, analytics, AI, blockchain and network <a target="_blank" class="" href="https://www.businessinsider.com/guides/tech/what-is-an-api">APIs</a> — is around five times the spend on traditional communications at $1.16 trillion in 2023."<a target="_blank" class="" href="https://data.gsmaintelligence.com/research/research/research-2024/the-opportunity-for-operators-in-b2b-technology-services">Research</a> that GSMA Intelligence released this month suggests there's an addressable market of more than $400 billion, or roughly 35% of the current mobile-operator revenue base globally, for telecommunications companies trying to drive revenue in the business-to-business space.Over its three days, the conference is scheduled to feature sessions on applications of 5G and connected technology in everything from transportation and healthcare to homeland security and entertainment. Sponsors and partners this year include Verizon, Qualcomm, T-Mobile, Cisco, Microsoft, and Booz Allen.Major phone makers have launched 5G-enabled devices in recent years, with Samsung launching its first 5G-compatible phone in 2019 and Apple doing so in 2020. This year, artificial-intelligence features were the key focus for smartphone makers, with Apple announcing Apple Intelligence and Samsung and Google announcing new AI features for their respective Galaxy and Pixel lines.Ulf Ewaldsson, T-Mobile's president of technology and one of the speakers for the conference's opening keynote Tuesday, said it's "an incredibly exciting time" in the industry."Right now, we're at a bit of a crossroads in the 5G journey. We're about halfway through its lifecycle," he said. "There's major themes beyond 5G standalone to keep an eye on, like AI and <a target="_blank" class="" href="https://www.gsma.com/solutions-and-impact/technologies/networks/5g-network-technologies-and-solutions/5g-advanced/">5G Advanced</a>. The most exciting thing to me about MWC Americas this year is sharing the progress we've made to empower businesses to leverage the power of 5G like never before, with powerful capabilities like network slicing benefiting across different industries and enterprises."The trade show in Vegas comes more than seven months after Mobile World Congress Barcelona, which is also hosted by GSMA. That conference attracted device makers including Motorola, Xiaomi, OnePlus, Lenovo, and the AI-pin company Humane.For the Vegas conference, notable speakers include Nvidia's senior vice president for telecommunications, Ronnie Vasishta; Verizon Global Services' president, Shankar Arumugavelu; the Department of the Air Force's chief information officer, Venice Goodwine; and Randi Zuckerberg, the CEO of Hug and Meta CEO Mark Zuckerberg's sister.

Techies, salespeople, and industry execs arrive in Las Vegas for the Mobile World Congress trade show

Leading <keyword id="14181421" type="General" weightage="20" keywordseo="crypto-lender" source="Orion">crypto lender</keyword> <keyword id="14181422" type="General" weightage="20" keywordseo="celsius-network" source="Orion">Celsius Network</keyword> has announced to pause all withdrawals, swap and transfers between accounts due to "extreme market conditions". The decision led to a nearly 55 per cent crash in the price of its digital token 'CELL' to as low as 19 cents. "We are taking this action today to put Celsius in a better position to honour, over time, its withdrawal obligations," the crypto lender said in a statement late on Sunday. Celsius Network is a Blockchain-based lending platform that is accessible through a free mobile app. "Acting in the interest of our community is our top priority. In service of that commitment and to adhere to our risk management framework, we have activated a clause in our Terms of Use that will allow for this process to take place. Celsius has valuable assets and we are working diligently to meet our obligations," the company said. It said that the decision is taken in order to stabilise liquidity and operations "while we take steps to preserve and protect assets". Celsius was valued at $3.25 billion in November last year. According to its website, the CEL token promises "actual financial rewards", as much as 30 per cent extra returns weekly. It is unclear what triggered the latest decline. Since Terra's failure, demand for high-yielding lending instruments has taken a hit. The shocking implosion of the TerraUSD and Luna cryptocurrencies threw many investors into a panic last month, some of them saying their entire assets were blown up or even leaving suicidal messages. In a crash, the once bullish TerraUSD and sister coin Luna had lost almost all their value, sending shock waves across the world. SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/layoff-season-continues-as-logistics-mgmt-startup-fareye-lays-off-250-people/articleshow/92170737.cms">Layoff season continues as logistics mgmt startup FarEye lays off 250 people</a> <a href="https://www.businessinsider.in/tech/mobile/news/oneplus-is-expected-to-soon-introduce-the-oneplus-10-smartphone/articleshow/92171775.cms">OnePlus 10 leaked renders reveal a design similar to the OnePlus 10 Pro, sans the alert slider</a>

Crypto lender Celsius Network pauses all withdrawals, transfers due to 'extreme' market conditions

<ul><li>PM Modi has officially opened India Moobile Congress 2022.</li><li>Jio promises 5G across India by December 2023.</li><li>Akash <keyword id="10924" type="General" weightage="100" keywordseo="ambani" source="Orion">Ambani</keyword> showcased 5G capabilities to Prime Minister <keyword id="6354477" type="General" weightage="80" keywordseo="narendra-modi" source="Orion">Narendra Modi</keyword>.</li></ul>The India Mobile Congress (IMC) has opened today in Delhi and will continue till October 4. Prime Minister Narendra Modi has officially announced the launch of 5G connectivity in selected cities starting today. The list includes Delhi, Mumbai, Chennai, Kolkata, Bengaluru, Chandigarh, Gurugram, Hyderabad, Lucknow, Pune, Gandhinagar, Ahmedabad and Jamnagar. During the launch, RIL chairman <keyword id="3820" type="General" weightage="80" keywordseo="mukesh-ambani" source="Orion">Mukesh Ambani</keyword> gave his opening remarks on the launch of 5G. Thanking PM Modi, he said every policy and document of the government is skillfully drafted to help India become a developed economy by 2047. Reliance Jio’s chief also Mentioned that 5G is much more than the next generation and calls it the foundational technology to unlock other technologies such as AI, AR/ VR, Blockchain, and Metaverse. He said 5G connectivity for the entire country, including rural areas, will be available by December 2023 Further, in his speech, Mukesh Ambani said, “I think of 5G as an acronym for “5 Goals” that can fundamentally transform our nation.” First, to bring high-quality education and skill development within reach of common Indians following with affordable and high-quality healthcare to rural and remote areas and bridging the gap between urban and rural India by accelerating digitisation and intelligent data management across different sectors. Fourth, 5G can make the same powerful productivity tools available to small-scale industrial and commercial enterprises that large capital-intensive businesses use. This will drive the modernisation and profitability of all sectors of India’s economy. Fifth, By bringing AI into every domain, 5G can power India’s emergence as the world’s intelligence capital. This will help India become a major exporter of high-value digital solutions and services. According to Mukesh Ambani, achieving these five goals will trigger a huge explosion of entrepreneurship in our country. Also, this will attract even larger investments and create millions of new jobs for our young people. At the IMC's venue in Pragati Madan, Akash Ambani showcased 5G capabilities to PM Narendra Modi at Reliance Jio's stalls, where he witnessed the 'True 5G' devices displayed and experienced the use case through Jio Glass (AR/ VR). SEE ALSO: <a href="https://www.businessinsider.in/tech/mobile/news/oneplus-says-successfully-geared-up-for-5g-launch-with-5g-ready-smartphone-portfolio/articleshow/94562668.cms">OnePlus says successfully geared up for 5G launch with 5G-ready smartphone portfolio</a> <a href="https://www.businessinsider.in/tech/mobile/news/reliance-is-reportedly-planning-to-launch-jiophone-5g-launch-in-india-at-a-very-affordable-price/articleshow/94483655.cms">Specifications of JioPhone 5G with codename 'Ganga' leaked - check all details here</a>

Jio will launch 5G for the entire country by December 2023: Mukesh Ambani

Government IT spending in India is set to total $7.3 billion in 2021, a growth of 9.4 per cent from 2020, according to a forecast by <keyword id="6371981" type="COMPANY" weightage="20" keywordseo="Gartner">Gartner</keyword> on Tuesday. The first ever digital census this year will be pivotal in increasing government IT spending in India. "The government in India will shift from being a cautious spender to opening the fiscal floodgates in 2021," Apeksha Kaushik, Principal Research Analyst at Gartner, said in a statement. "Due to the Covid-19 outbreak, <keyword id="44734" type="ORGANIZATION" weightage="20" keywordseo="Indian-Government">Indian government</keyword>'s digital transformation projects were sidelined in 2020. The weakening economy forced the Indian government into reducing their IT spend across all segments last year." However, in 2021, the Indian government's Atmanirbhar Bharat, Make in India and <keyword id="1929810" type="COMPANY" weightage="20" keywordseo="Digital-India">Digital India</keyword> initiatives will take centre stage. The software segment, which includes application, infrastructure, and vertical-specific software, will experience the strongest growth in 2021, Gartner said. In 2021, government budgets in India will continue to address recovery and growth needs of communities and businesses with cost optimisation in focus. "Adoption of artificial intelligence (AI), cloud services and blockchain will be major focus areas for the Indian government with more emphasis on ethics and privacy," said Kaushik. "Investments to address digital equity, creating India specific standards for 5G and granting access to remote citizen services will be critical." SEE ALSO: <a href="https://www.businessinsider.in/tech/mobile/news/oneplus-9-pro-specs-oneplus-9e-specs-and-price-leak-and-oneplus-9-series-launch-date/articleshow/81168227.cms">OnePlus 9 series specifications and features leaked – here's everything we know about the upcoming OnePlus smartphones</a> <a href="https://www.businessinsider.in/finance/news/why-is-it-difficult-to-bring-petrol-and-diesel-under-gst-for-modi-government/articleshow/81167129.cms">The signs that Modi government wants to bring petrol and diesel under GST – and the reasons why doing it is so difficult</a> <a href="https://www.businessinsider.in/business/startups/news/indian-startup-founders-are-wary-of-chinese-investors-prioritise-follow-up-funding-over-term-sheet-conditions/articleshow/81166682.cms">Indian startup founders are wary of Chinese investors, prioritise follow-up funding over term sheet conditions</a>

India's spending on IT will unlock 'fiscal floodgates' with a boost of nearly 10%, according to Gartner

<ul><li><keyword id="357983" type="PERSON" weightage="20" keywordseo="Masayoshi-Son">Masayoshi Son</keyword>, the founder and CEO of <keyword id="163404" type="COMPANY" weightage="20" keywordseo="Softbank">SoftBank</keyword>, and a long-time friend of <keyword id="302749" type="COMPANY" weightage="20" keywordseo="Alibaba">Alibaba</keyword> founder <keyword id="424838" type="PERSON" weightage="20" keywordseo="Jack-Ma">Jack Ma</keyword>, said that the Chinese crackdown on Alibaba is the same as anti-trust regulations that have existed since a long time in the US or European countries.</li><li>He said that in China, internet companies had a free hand, where they could do whatever they wanted.</li><li>The regulators in Beijing have cracked down upon Alibaba and Ant Group, and the companies Ma founded are currently facing an antitrust probe for alleged monopolistic practices.</li><li>Son said he also has been in touch with Ma but hasn’t talked about business.</li></ul>Masayoshi Son, the founder and CEO of SoftBank, and a long-time friend of Alibaba founder Jack Ma, today said that the Chinese government crackdown on Alibaba is the same as anti-trust regulations that have existed since a long time in the US or European countries. Whereas in China, according to Son, internet companies had a free hand, where they could do whatever they wanted. “In the US, Europe or Japan antitrust policy is something that’s already there. In financial business, there’s the banking law, securities law, there are many rules and regulations. Within this framework you operate your business in a healthy manner. As you see some incidents or accidents, you learn lessons from there,” Son said during the <keyword id="2582588" type="PERSON" weightage="20" keywordseo="SoftBank-earnings">SoftBank earnings</keyword> call. The SoftBank founder added that these rules are necessary to protect the citizens of China as internet companies become bigger. The regulators in Beijing have cracked down upon Alibaba and Ant Group, and the companies Ma founded are currently facing an <a href="https://in.reuters.com/article/china-antgroup/china-launches-probe-into-alibaba-for-suspected-monopolistic-behaviour-idUSKBN28Y05T">antitrust</a> probe for alleged monopolistic practices. Earlier in November 2020, Alibaba and Ant Group's $34 billion initial public offering (IPO) was suspended by the <a href="http://www.sse.com.cn/disclosure/announcement/general/c/c_20201103_5253315.shtml">Shanghai Stock Exchange</a>. Ant Group, touted to be the world’s biggest IPO, was scheduled for a dual listing on November 5 — on Shanghai and Hong Kong bourses and it was halted in China with less than 48 hours to go. Jack Ma, whose net worth is $60.7 billion, according to Forbes, was under scrutiny by the government of China, had not been seen in public for several weeks, until recently. On asked whether Son had had any communication with Ma, the SoftBank founder said that the Alibaba founder likes to draw and has been sending him drawings. “Before I go to bed, now I also draw but I haven’t shown them to him yet. We don’t always talk about business, we also talk about hobbies, or just send regards,” he said. SEE ALSO: <a href="https://www.businessinsider.in/business/news/indiamart-employees-hit-gold-founder-dinesh-agarwal-reveals-that-15-of-the-multi-bagger-stock-is-with-600-people-who-are-or-have-been-part-of-the-team/articleshow/80743945.cms">IndiaMart employees hit gold⁠— founder reveals that 15% of the multi-bagger stock is with 600 people who are, or have been, part of the team</a> <a href="https://www.businessinsider.in/tech/news/the-india-stack-that-bill-gates-and-sundar-pichai-so-love-is-set-to-get-much-bigger-thanks-to-the-indian-governments-new-blockchain-strategy/articleshow/80718403.cms">The India stack that Bill Gates and Sundar Pichai so love is set to get much bigger – thanks to the Indian government’s new blockchain strategy</a> <a href="https://www.businessinsider.in/tech/mobile/news/oneplus-9-pro-new-flagship-smartphone-expected-price-specification-and-launch-date-leaked/articleshow/80742720.cms">This could be the next OnePlus flagship smartphone</a>

Masayoshi Son says China's crackdown on Alibaba is nothing different than antitrust regulations in US or UK

Bengaluru, <keyword id="2706733" type="COMPANY" weightage="20" keywordseo="amazon-alexa">Amazon Alexa</keyword> turned three in India on Monday and the <keyword id="10548297" type="UNKNOWN" weightage="20" keywordseo="customer-interactions">customer interactions</keyword> with the virtual assistant increased 67 per cent in 2020. The customers said "<keyword id="216947" type="ENTERTAINMENT" weightage="20" keywordseo="I-Love-You">I love you</keyword>" to Alexa 19,000 times a day, up a massive 1,200 per cent from 2019, according to the company. More customers in non-metro cities brought home an Echo device, accounting for over 50 per cent of India's Alexa users. "Be it the Echo device in the living room, 100+ Alexa built-in devices or your favourite smartphone, it is heart-warming to see users across the length and breadth of the country across age groups find value and adopt Alexa in their daily lives", said Puneesh Kumar, Country Leader for Alexa, <keyword id="6354743" type="COMPANY" weightage="20" keywordseo="Amazon-India">Amazon India</keyword>. "For us, it is always Day 1 as we learn from our customers and continue to add new features, improving Alexa's understanding on topics that matter to users locally," he said in a statement. Customers from over 85 per cent pin codes purchased Echo smart speakers in 2020. On Alexa's third anniversary, Amazon said it will make the digital assistant affordable, more accessible for customers looking to welcome the voice service in their homes. "Starting 12 midnight on February 15, for 24 hours, sellers on Amazon.in will have blockbuster offers on best-selling Echo Devices, attractive smart home bundles and more. Customers can also shop from a curation of smart-home accessories from some of India's biggest consumer electronic brands," the company announced. Leading smartphone brands in India now offer Alexa built-in phones. Currently, there are six smartphones including Redmi Note 9 Pro and OnePlus Nord that offer built-in Alexa.. In 2020, Alexa debuted on the Amazon Shopping App (Android only) and responded to over 5.8 Lakh requests every day to search for products, best deals, and music. Last year, customers in India asked Alexa to control a smart home gadget 8.6 lakh times every day, preferring voice to control their smart home gadgets. Led by <keyword id="2586591" type="COMPANY" weightage="20" keywordseo="amazon-echo">Amazon Echo</keyword> devices, the shipments of smart home speakers were expected to cross 7.5 lakh units in India by the end of 2020, which is an all-time high, according to market research firm techARC. The market is primarily led by Amazon Echo Smart Speakers, which had a massive 95.9 per cent cumulative market share for the January-September period. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/heres-why-you-arent-being-able-to-apply-for-brookfield-reit-ipo-through-zerodha-groww-angel-broking-and-other-stockbroking-apps/articleshow/80686457.cms">Here's why you aren't being able to apply for Brookfield REIT IPO through Zerodha, Groww and other stockbroking apps</a> <a href="https://www.businessinsider.in/stock-market/news/analysts-explain-why-indigo-paints-shares-fell-with-a-thud-just-like-burger-king-and-mrs-bectors-and-what-to-do-with-it-now/articleshow/80704864.cms">Indigo Paints joins the league of Burger King and Bector's — frenzied IPOs that fizzled out</a> <a href="https://www.businessinsider.in/tech/news/the-india-stack-that-bill-gates-and-sundar-pichai-so-love-is-set-to-get-much-bigger-thanks-to-the-indian-governments-new-blockchain-strategy/articleshow/80718403.cms">The India stack that Bill Gates and Sundar Pichai so love is set to get much bigger – thanks to the Indian government’s new blockchain strategy</a>

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Techies, salespeople, and industry execs arrive in Las Vegas for the Mobile World Congress trade show

Sarah Jackson

Crypto lender Celsius Network pauses all withdrawals, transfers due to 'extreme' market conditions

IANS

Jio will launch 5G for the entire country by December 2023: Mukesh Ambani

Rahul Verma

India's spending on IT will unlock 'fiscal floodgates' with a boost of nearly 10%, according to Gartner

IANS

Masayoshi Son says China's crackdown on Alibaba is nothing different than antitrust regulations in US or UK

Sanchita Dash

Indians said ‘I Love You' to Amazon Alexa 19,000 times a day in 2020

IANS

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