Monday, June 18, 2018

Industry

Korean fintech startup Viva Republica raises $40 million

Korean fintech startup Viva Republica, makers of the financial services app Toss, has raised a $40 million funding round.

HyperloopTT signs agreement for commercial system in Ukraine

Hyperloop Transportation Technologies has signed an agreement with the Infrastructure Ministry of Ukraine to begin the process for a planned commercial Hyperloop system. 

AT&T completes Time Warner acquisition

AT&T has completed its acquisition of Time Warner. Jeff Bewkes, former chairman and CEO of Time Warner will remain with the company as a senior advisor during a transition period, said AT&T in a statement. 

Deutsche Bank launches digital repository for document exchange

Deutsche Bank has launched eVault – a secure digital repository for exchange of documents.

IPass partners with BSNL in India

Redwood Shores, California-based iPass has inked a partnership with Bharat Sanchar Nigam Limited (BSNL), a telecom service provider in India.

Foundry.ai raises $67 million

Foundry.ai, a creator of artificial intelligence (AI) software solutions for large enterprises, has closed its first fund, Foundry Fund I.  

Lockheed Martin investing $100 million more in early-stage companies

Lockheed Martin is doubling its venture capital fund to $200 million, and recent investments in early-stage companies focused in the areas of autonomy and advanced manufacturing.

Infrastructure refresh, new features drive worldwide security appliance market: IDC

According to the IDC worldwide quarterly security appliance tracker, the total security appliance market saw positive growth in both vendor revenue and unit shipments for the first quarter of 2018 (1Q18).

Microsoft working on building self-sufficient underwater datacenters

Microsoft is building datacenters. Nothing quite remarkable about that, except the company is leveraging technology from submarines to develop self-sufficient underwater datacenters.

Symantec opening privacy research center in Germany

Symantec is opening a privacy research center, based in Saarbrucken, Germany.

Akamai and Mitsubishi UFJ Financial Group working on blockchain-based payment network

Akamai and Mitsubishi UFJ Financial Group (MUFG) will be offering a hyper-scale blockchain-based online payment network. 

NTT DATA, MapmyIndia working on 3D map datasets of India with building data

NTT DATA and MapmyIndia, a digital mapping, navigation and location technology company, have partnered to develop large-scale 3D map datasets of India.

Cray to deliver two supercomputers to Japan Meteorological Agency

The Japan Meteorological Agency (JMA) is implementing two Cray XC50 supercomputers at its site in Kiyose, Tokyo.

Hyperledger adds Deutsche Bank as premier member

Hyperledger, an open source collaborative effort created to advance cross-industry business blockchain technologies, announced Deutsche Bank has joined the project as a premier member, on Wednesday.

Infosys partners with banks to build blockchain-based trade network in India

EdgeVerve Systems, a wholly-owned subsidiary of Infosys, has formed India Trade Connect, a Blockchain-based trade network in India, in partnership with Axis Bank, ICICI Bank, IndusInd Bank, Kotak Mahindra Bank, RBL Bank, South Indian Bank and Yes Bank.