NEWS

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Samsung Electronics Co. said Tuesday that it will invest $1.2 billion in the U.S. over four years to boost technologies aimed at adding computing power to everyday devices, a movement dubbed the “internet of things.” The South Korean electronics giant said the funds would be split evenly between internal research…

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Swedish telecoms firm Tele2 said on Tuesday it was buying the local subsidiary of rival TDC (TDC.CO) for 2.9 billion Swedish crowns ($352 million) to strengthen its position in the business telecoms market. Tele2 said that while the deal was not conditional on equity financing, the company would carry out…

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TV and digital advertising got a bit of a boost in May going into this year's upfronts, according to new data from Standard Media Index. In the findings from SMI, which tracks 70 percent of national ad spending from global and independent agencies, cable TV advertising was up 6 percent…

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Digital radio platform iHeartMedia on Monday announced the launch of a programmatic private marketplace (PMP) for digital radio in the U.S. The private marketplace will allow select programmatic buyers to access iHeartMedia’s radio inventory across its properties on iHeartRadio, the company's digital music and streaming service. Agencies and brands will…

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Hungary’s public media fund MTVA has concluded an agreement for public media to broadcast summer and winter Olympics between 2018 and 2024. The MTVA called the agreement “historic” in significance and said in a statement that this was the first time that the Games will be aired in Hungarian language…

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Pittsburgh-based NEP Group Inc. announced a deal to acquire Broadcast Solutions Group, an international broadcasting company. Financial terms weren't disclosed; NEP is privately owned. When the deal is completed, the acquired company will be known as NEP Broadcast Solutions and remain headquartered in Singapore with other offices in the United…

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ABC Radio has announced it will host a dedicated podcasting conference, Ozpod 2016, to be held in Sydney on September 30. The conference will coincide with International Podcast Day and be headlined by US podcast commentator, Nick Quah, of Hot Pod with other contributors including: Conversations host Richard Fidler, broadcaster…

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Earlier today China's television regulator laid down some strict limits on foreign-inspired TV programs in a bid to boost innovation of domestic programming. State Administration of Press, Publication, Radio, Film and Television (SAPPRFT) said that overseas programs with imported copyrights will no longer be allowed to be broadcast on satellite…

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The Economic Community of West African States (ECOWAS) is to set up sub-regional television and radio channels in furtherance of efforts to enhance regional integration in West Africa. Isaias Barreto da Rosa, Ecowas commissioner in charge of Telecommunications and Information Technologies, said Ecowas heads of state have already given their…

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With an objective to increase efficiency of SMEs at par with large corporates, an exhibition on 1st edition of "Internet of Things India Expo 2017" will be organised along with 25th Convergence India Expo 2017 here at Pragati Maidan from 8th to 10th February next year. Exhibition India Group will…