What’s up with STC, GenAI in Japan, Carlos Slim
by TelecomTV
TelecomTV— STC adds towers unit to regional powerhouseJapan’s Sakura and SoftBank invest in GenAI platforms Carlos Slim commits further funding to Brazil
The Guardian—Why has the yen fallen to a decade’s low and what does it mean for Japan’s economy?. The accelerating slide in the value of Japan’s currency could ultimately be bad news for people in Japan who are heavily reliant on importsThe value of Japan’s currency has tumbled so much, that its value is back to where it was in 1990, shortly after Japan’s famous “bubble economy” burst. For a moment on Monday it was trading at 160 yen to US$1. A few years ago, it was closer to 100 yen to US$1.The yen’s accelerating slide could ultimately be bad news for people in Japan. A weaker yen squeezes...
Honolulu Star-Advertiser—Japan’s cyber-security weakness a concern in U.S. defense alliance. TOKYO >> As the United States faces security threats across the globe, its close ally Japan has committed to stepping up as a trusted defense partner, but Tokyo’s cyber and information security vulnerabilities remain a concern, officials and experts say.
Honolulu Star-Advertiser—Japan’s yen surges against dollar on suspected intervention. The yen jumped against the dollar today, with traders citing yen-buying intervention by Japanese authorities as a trigger for the bounce in a currency languishing at levels last seen over three decades ago.