Tag: telecommunications
Transmit Security raises $543M Series A to kill off the password
Transmit Security, a Boston-based startup that’s on a mission to rid the world of passwords, has raised a massive $543 million in Series A funding. The funding round, said to be the largest Series A investment in cybersecurity history and one of the highest valuations for a bootstrapped company, was…
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US lawmakers want to restrict police use of ‘Stingray’ cell tower simulators
Igor Bonifacic Contributor Igor Bonifacic is a contributing writer at Engadget. According to BuzzFeed News, Democratic Senator Ron Wyden and Representative Ted Lieu will introduce legislation later today that seeks to restrict police use of international mobile subscriber identity (IMSI) catchers. More commonly known as Stingrays, police frequently use IMSI catchers and…
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US removes Xiaomi’s designation as a Communist Chinese Military Company
Xiaomi, one of China’s high-profile tech firms that fell in the crosshairs of the Trump administration, has been removed from a U.S. government blacklist that designated it as a Communist Chinese Military Company. The U.S. District Court for the District of Columbia has vacated the Department of Defence’s designation of…
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Google Cloud teams up with SpaceX’s Starlink for enterprise connectivity at network’s edge
SpaceX’s bourgeoning Starlink satellite-based broadband internet service just got a big boost from a significant new partner: Google Cloud. Thanks to a new partnership between the two, SpaceX will now be locating Starlink ground stations right within Google’s existing data centers, providing the Starlink network with direct access to ground-based…
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Airtel Africa receives $100M for its mobile money business from Mastercard
Two weeks ago, TPG’s Rise Fund invested $200 million in Airtel Mobile Commerce BV (AMC BV) — the mobile money business of telecom Airtel Africa. After closing the deal, the Bharti Airtel subsidiary noted that it was still in discussions to sell additional minority stake (25% of the issued share…
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Astra awarded NASA launch contract for storm observation satellites
Astra, the Alameda-based space launch startup that recently announced its intent to go public via a SPAC merger, has secured a contract to deliver six cube satellites to space on behalf of NASA. Astra stands to be paid $7.95 million by the agency for fulfilment of the contract. This will…
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