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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.

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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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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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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. .

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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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How African CIOs can serve as agents of adoption for digital currencies

CIO

Despite an evolving internet penetration rate of 47% in 2020, according to Internet World statistics, the social use of ICTs remains the main cause of digital illiteracy in Africa. He discovered digital currencies in India in 2012 and has since been fascinated by them and has worked with them to understand what lies ahead. “I

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Remembering the startups we lost in 2021

TechCrunch

In October, it was reported that Waverly Labs had acquired Abundant’s IP, meaning that its technology may still live on in some form. Dark Sky (2012-2021). Clearly the tech giant was interested in its features, many of which it incorporated into the iPhone weather app. Chanje (2015-2021). Image Credits: Chanje. Loon (2015-2021).