AT&T has secured $850 million by selling and leasing back 74 underutilised central office facilities that house its legacy copper network. The deal was made with real estate firm Reign Capital and is part of AT&T’s strategy to phase out its copper network operations by 2029. The company is transitioning to fibre optic and wireless networks, which are more efficient and require less space.
The sale-leaseback arrangement enables AT&T to sell the properties while retaining the necessary space for its network operations. Michael Ford, AT&T’s global real estate head, described the agreement as a way to “unlock value in otherwise stranded commercial real estate space.” The transaction, completed in early January, impacts only a small portion of the company’s extensive real estate portfolio and will not affect jobs or services.
AT&T shares rose by 0.7% following the announcement, reflecting market confidence in the company’s move to optimise its assets and shift towards modern, high-demand technologies.
Germany’s interior minister, Nancy Faeser, has called on social media companies to take stronger action against disinformation ahead of the federal parliamentary election on 23 February. Faeser urged platforms like YouTube, Facebook, Instagram, X, and TikTok to label AI-manipulated videos, clearly identify political advertising, and ensure compliance with European laws. She also emphasised the need for platforms to report and remove criminal content swiftly, including death threats.
Faeser met with representatives of major tech firms to underline the importance of transparency in algorithms, warning against the risk of online radicalisation, particularly among young people. Her concerns come amidst growing fears of disinformation campaigns, possibly originating from Russia, that could influence the upcoming election. She reiterated that platforms must ensure they do not fuel societal division through unchecked content.
Calls for greater accountability in the tech industry are gaining momentum. At the World Economic Forum in Davos, Spanish Prime Minister Pedro Sánchez criticised social media owners for enabling algorithms that erode democracy and “poison society.” Faeser’s warnings highlight the growing international demand for stronger regulations on social media to safeguard democratic processes.
SandboxAQ, a quantum technology startup spun off from Alphabet in 2022, has announced its large quantitative models (LQMs) will be available on Google Cloud. These models, which handle vast numerical datasets and perform complex calculations, are designed for applications such as financial modelling, trading automation, and statistical analysis. The partnership will enable enterprises to develop and deploy LQMs more efficiently, broadening SandboxAQ‘s customer base.
CEO Jack Hidary emphasised the significance of quantitative AI, highlighting its role in industries like life sciences, financial services, and navigation. The company, headquartered in Palo Alto, recently secured $300 million in funding, raising its valuation to $5.6 billion. This is the first time SandboxAQ’s models will be accessible on a third-party platform, marking a significant milestone in its growth.
Google’s growing focus on quantum computing complements its collaboration with SandboxAQ. The tech giant announced progress in quantum chip development last December, aiming to address key challenges in the field. Rivals like Microsoft and Nvidia have also been advancing quantum computing initiatives, signalling intensified competition in the emerging technology.
The UK‘s Competition and Markets Authority has appointed former Amazon executive Doug Gurr as its interim chairman, signalling the government’s push to boost economic growth and support the tech sector. Gurr, who brings extensive experience at Amazon, including leading the company’s UK and China operations, will guide the CMA as it fosters competition in industries such as cloud services and AI. The move aligns with the UK’s broader strategy to streamline regulations and position itself as a pro-business nation.
Gurr’s appointment comes amid a critical phase in the CMA’s investigation into the domestic cloud services market, which has been scrutinising Amazon’s dominant position. While Gurr will serve in an interim role, the government hopes his commercial background will help drive pro-business decisions that stimulate growth. This marks a shift from the previous chair, Marcus Bokkerink, whose tenure was shorter than expected, possibly due to dissatisfaction among government officials.
Industry experts note that Gurr’s appointment is timely, as the CMA is stepping up its oversight of Big Tech, particularly with the expanded powers under the Digital Markets, Competition, and Consumers Act. Critics and lobby groups like the Open Cloud Coalition closely watch how the CMA will handle its regulatory responsibilities, particularly in the cloud services sector, where Amazon holds a significant market share. They urge the CMA to maintain a strong stance on promoting fairness and competition.
As the CMA navigates its investigations and enforces new rules, stakeholders are keen to see how Gurr’s leadership will shape the future of competition regulation in the UK. The outcome could have far-reaching implications for businesses and consumers, particularly in the rapidly evolving tech landscape.
The US government is introducing the Cyber Trust Mark, a new security certification aimed at safeguarding smart home devices against cyber threats. Launching later this year, the programme will provide consumers with a clear indicator of which gadgets meet strict cybersecurity standards set by the National Institute of Standards and Technology (NIST). Devices such as smart cameras, fitness trackers, and baby monitors are among those eligible for the label.
To qualify, manufacturers must implement measures such as strong default passwords, software updates, and data protection protocols. Shoppers can also scan a QR code accompanying the label for detailed security information, including tips on setup and maintenance. The initiative comes in response to the rising threat of hackers targeting home networks, with the average US household now owning over 20 connected devices.
Retail giants like Amazon and Best Buy are backing the programme, highlighting compliant products to help consumers make informed choices. While the Cyber Trust Mark focuses on wireless Internet of Things (IoT) gadgets, some devices, including medical equipment, cars, and wired products, are excluded. The scheme marks a significant step toward protecting homes from cybercrime as digital threats continue to grow.
What impact this label will have on consumer habits remains to be seen, but it’s already drawing support from major tech firms like Google and Samsung, signalling a collective move towards better digital security.
Across China, artificial intelligence-powered ‘smart pets’ are becoming a popular solution for emotional relief, particularly among younger generations. These devices, such as the BooBoo robot produced by Hangzhou Genmoor Technology, offer companionship through lifelike interactions. Nineteen-year-old Zhang Yachun, for example, says her AI pet, Aluo, has helped her cope with anxiety and feelings of isolation.
The market for ‘social robots’ is rapidly growing, with estimates projecting a sevenfold increase to $42.5 billion globally by 2033. While initially designed for children, these AI companions are increasingly appealing to adults and families. Some view the robots as tools to supplement limited time with children, though sceptics note the lack of emotional depth compared to real pets.
Experts attribute the rise in AI pets to societal changes, including China‘s one-child policy, economic pressures, and evolving family dynamics. These robots, which can mimic behaviours and provide emotional stimulation, serve as an outlet for individuals who feel disconnected. For Zhang, Aluo has also fostered better communication with her parents, highlighting the role AI companions can play in bridging gaps in human relationships.
The Japanese government has launched a new initiative, “Digital Positive Action,” to tackle the spread of online disinformation. The project, spearheaded by the communications ministry, brings together 19 firms and organisations, including Google, NTT Docomo, Meta, and the operator of Japan’s messaging app Line. The collaboration will focus on creating a dedicated website and educational materials to counter false information.
The initiative seeks to address how disinformation is often amplified for profit through higher engagement and advertising revenue. By consulting with public and private sectors, the government aims to make credible information more accessible and equip users with tools to recognise and resist misleading content.
Parliamentary Vice Communications Minister Hideto Kawasaki emphasised the goal of fostering a safer digital environment, while Keio University professor Tatsuhiko Yamamoto highlighted the need to shift societal attitudes, discouraging the pursuit of attention at any cost. With tech giants on board, Japan hopes to lead the charge in curbing the harmful effects of disinformation online.
UK citizens will soon be able to carry essential documents, such as their passport, driving licence, and birth certificates, in a digital wallet on their smartphones. This plan was unveiled by Peter Kyle, the Secretary of State for Science, Innovation and Technology, as part of a broader initiative to streamline interactions with government services. The digital wallet, set to launch in June, aims to simplify tasks like booking appointments and managing government communications.
Initially, the digital wallet will hold a driving licence and a veteran card, with plans to add other documents like student loans, vehicle tax, and benefits. The government is also working with the Home Office to include digital passports, although these will still exist alongside physical versions. The app will be linked to an individual’s ID and could be used for various tasks, such as sharing certification or claiming welfare discounts.
Security and privacy concerns have been addressed, with recovery systems in place for lost phones and strong data protection measures. Kyle emphasised that the app complies with current data laws and features like facial recognition would enhance security. He also reassured that while the system will be convenient for smartphone users, efforts will be made to ensure those without internet access aren’t left behind.
The technology, developed in the six months since Labour took power, is part of a push to modernise government services. Kyle believes the new digital approach will help create a more efficient and user-friendly relationship between citizens and the state, transforming the public service experience.
Instagram has been facing backlash after a technical issue caused search results for the terms ‘Democrat’ and ‘Democrats’ to be hidden. Users searching for these terms have encountered a message stating that the results may contain sensitive content. In contrast, hashtags such as ‘Republican’ continue to display posts without such issues. Meta, the parent company of Instagram, has stated that the problem is not politically motivated, as it has also affected other political hashtags.
Social media experts have warned that the glitch could harm Meta’s reputation, particularly in a highly partisan political climate. Matt Navarra, a social media consultant, described the situation as embarrassing for Instagram, suggesting it could fuel conspiracy theories and further divisions among users. Meta has confirmed it is working urgently to fix the issue.
This incident comes at a time of increased scrutiny over Meta’s handling of political content on its platforms. The company has faced criticism from various sides of the political spectrum, and its recent changes to content moderation policies have attracted further attention.
Meta Platforms, the parent company of Facebook and Instagram, is once again under fire by the European Consumer Organisation (BEUC) over its ad-free subscription service. Introduced in 2023, the fee-based option offered European users the ability to opt out of personalised ads, with a subsequent price cut of 40% implemented later that year. However, BEUC claims these changes are merely superficial and fail to address deeper concerns about fairness and compliance with EU consumer and privacy laws.
BEUC’s Director General, Agustin Reyna, criticised Meta for not providing users with a fair choice, alleging that the company still pressures users into accepting its behavioural advertising system. Reyna called on consumer protection authorities and the European Commission to investigate Meta’s practices urgently, emphasising the need for decisive action to safeguard users’ rights. The consumer group also accused Meta of misleading practices, unclear terms, and failing to minimise data collection while restricting services for users who decline data processing.
In response, a Meta spokesperson defended the company’s approach, arguing that its November 2023 updates go beyond EU regulatory requirements. Despite these assurances, EU antitrust regulators have raised concerns, accusing Meta of breaching the Digital Markets Act. They claim the ad-free service forces users into a binary choice, sparking broader concerns about how the tech giant balances profit with consumer protection.
As pressure mounts, Meta faces growing scrutiny over its compliance with EU laws, with regulators weighing potential measures to address BEUC’s allegations and ensure fair treatment for European users.
