A Japanese Telecoms company has agreed to invest a staggering $50 billion in business and job creation in the United States - following a deal which was brokered by incoming US president, Donal Trump. The president elect triumphantly told the assembled media in the lobby of Trump Tower, New York, that SoftBank had agreed to invest $50 billion in the United States which would create 50,000 jobs over the next four years.

Read more: 50,000 new jobs as Japanese Telecoms giant agree to invest $50 billion in US

IDC is tipping IT spending in the manufacturing sector in the Asia/Pacific excluding Japan (APeJ) region to exceed $US36 billion by 2020, representing a compounded annual growth rate (CAGR) of 5.34 percent from 2016 to 2020. IDC says manufacturing related initiatives in China, India and the ASEAN countries will account for nearly 80 percent of this figure.

Read more: IDC tips Apac IT spend by manufacturers to top $U36b by 2020

China Telecom, ZTE and Inspur '” one of China's largest IT software and hardware companies '” have become the latest gold members of the OpenStack Foundation, the organization that supports and promotes OpenStack, the most widely deployed open source software for building clouds.

Read more: China Telecom, ZTE and Inspur become OpenStack Foundation gold members

Australia based global communications network operator, MNF Group, has expanded its TNZI global communications business (the former international arm of Telecom New Zealand, acquired by MNF in April 2015) by opening a new point of presence (PoP) in Hong Kong.

Read more: Australia's MNF group expands global net with Hong Kong PoP

A survey of 455 CIOs and senior IT decision-makers from nine countries in Asia Pacific, undertaken for Red Hat and Intel by Forrester Consulting, found enterprises in the region turning to open source vendors to innovate, reduce vendor lock-in, and get past the obstacles of security concerns that have been associated with it.

Read more: Open source on the rise in Asia Pacific enterprises

A survey of managed survey providers in Asia Pacific designed to assess the impact of ransomware on their small business customers suggests 85 percent of businesses in the region have been hit, a quarter of them multiple times in a single day, paying out an average of almost $12,000 ($US8900) to remediate a successful attack. Forty-five percent of survey respondents reported that a ransomware attack had led to business-threatening downtime.

Read more: Rampant ransomware costing APAC SMBs big time

Telstra has released a ranking of the digital transformation status of 11 Asian nations '” prepared for it by the Economist Intelligence Unit '” saying the region is a long way from being a global leader in digital infrastructure skills and technology ecosystems '“ the building blocks of success in a modern economy.

Read more: Telstra & EIU rate Asian nations on digital transformation

As Asia continues down the path of digital transformation and its cities get increasingly connected, CommunicAsia and EnterpriseIT 2017 will add brand new feature zones to address the growing need for data security and the budding start-up culture in the region. In addition, the event will also see a bigger augmented reality (AR) and virtual reality (VR) segment as the show grows to occupy the whole of Marina Bay Sands for the first time.

Read more: CommunicAsia and EnterpriseIT 2017 to showcase growing ecosystem of innovations for Asia's Smart...

The GSMA announced the first details of the 2017 GSMA Mobile World Congress Shanghai, including confirmed exhibitors and sponsors, as well as a range of programs and activities taking place at the annual mobile industry event. Under the theme of 'The Human Element', Mobile World Congress Shanghai will be held from Wednesday, 28 June through Saturday, 1 July 2017 at the Shanghai New International Expo Centre (SNIEC).

Read more: GSMA launches Mobile World Congress Shanghai 2017

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