5G service revenue to hit US$315 billion in 2023; Russian govt to fund 100 SME microelectronics design centres; US chip curbs on China will also affect Australia: claim

Revenue from 5G services is forecast to grow at an astounding rate of 60% in the coming year to hit US$315 billion, which represents 35% of total revenues generated by telecoms operators.
In a move aimed at making the country technologically independent, the Russian government will allocate 1 billion rubles (A$25.7 million) in 2022-2023 for the creation of small and medium-sized centres for the design of electronic, microelectronic and radio-electronic products.
Kubernetes backup and disaster recovery specialist Kasten by Veeam has released Kasten by Veeam K10 V5.5, featuring new capabilities to support autonomous operations and cloud native expansion.
As the debate heats up around the Federal Budget 2022, tax experts reveal that a data-driven mindset is critical to improving Australia’s taxation system and ‘bringing it up to speed’ with the 21st century.
Restrictions on semiconductor exports to China, announced by the US on 7 October, will also affect Australia, an academic says in an op-ed for Australian think-tank, the Lowy Institute.
Meta, the parent company of social media giant Facebook, has threatened to block the sharing of news feeds in Canada — similar to what it did in Australia — if Ottawa legislates to force it to pay news outlets for their content.
And as always there's plenty more today, so for all the news please visit www.itwire.com.
Stan Beer, newsletter editor, iTWire

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