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Data center provider fakes Tier 4 data center certificate to bag $11M SEC deal

CIO

Deepak Jain, 49, of Potomac, was the CEO of an information technology services company (referred to in the indictment as Company A) that provided data center services to customers, including the SEC,” the US DOJ said in a statement. From 2012 through 2018, the SEC paid Company A approximately $10.7

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Fintechs in Africa continue to overshadow all other startups in funding gained

TechCrunch

The year 2021 saw more and bigger deals closed in Africa, as tech startups across the continent raised close to $5 billion. And, given the incremental funding for fintechs in Africa over the years, capital injected into these startups is only likely to increase with deepening mobile phone usage and internet penetration. .

Fintech 289
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Nord Security, the startup behind NordVPN, raises its first-ever funding, $100M at a $1.6B valuation

TechCrunch

VPN usage has surged in the last several years, with growing concerns over data privacy and security — and sometimes completely different motivations like people wanting to access content otherwise blocked in their regions — driving an estimated 30% of all internet consumers globally to use a VPN at some point this year.

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Nigerian digital bank Carbon hit $240M in payments processed last year, up 89% from 2019

TechCrunch

There have been rare cases in the past, for instance, when Rocket Internet had to include Jumia’s financials in its yearly reports after going public. million VC-backed company, Carbon was founded by Chijioke Dozie and Ngozi Dozie in 2012. Although typical for foreign private startups, it’s almost an anomaly in Africa.

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Bridging continents: The role of connectivity in Africa’s digital transformation

CIO

Africas IT landscape is experiencing accelerated digital transformation due to a young, tech-savvy population, aboost in thegross domestic product (GDP), and anincrease in demand for low-latency connectivity. Also, the investments from satellite companies in Africa will bring internet access to the masses.

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How Reliable Is Cable Internet? Here’s How Our Networks Are Performing

CableLabs

Starting in mid-March, the world experienced a sudden surge in internet usage driven by the widespread COVID-19 stay-at-home orders that caused many of us to switch to working and studying at home in a matter of days. Cable broadband networks not only withstood this sudden surge in internet usage; they excelled. percent of U.S.

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

Around the turn of the century, Autonomy Corporation was one of the darlings of the UK technology industry, specializing in knowledge management and enterprise search. Its Agentware internet search tools are used by enterprises including Barclays Bank and Unilever and sold as shrink-wrapped software through retail outlets.