In this week's roundup, we looked at the top news stories from the B2B tech & telecoms industry. The stories cover topics including 5G, cyber security, cloud, submarine cables and fintech news.
Here are our highlights:
MONDAY:
Globe Telecom's Fintech Startup Mynt Raises Over $175 million in Fresh Capital
Globe Fintech Innovations (Mynt), the Fintech arm of Globe Telecom and operator mobile wallet service GCash, has attracted fresh capital investment from New York-based investment firm Bow Wave Capital Management.
Read the full story here: https://bit.ly/3q8zpRY
Verizon Expands 5G Home Broadband Network to Six New Cities
Verizon last week announced expansion of its 5G home broadband network to parts of six new cities - Arlington, TX; Miami, FL; Anaheim, CA; San Francisco, CA and St. Louis, MO.
Read the full story here: https://bit.ly/3q8vowF
TUESDAY:
Francisco Partners Completes Forcepoint Acquisition
Cybersecurity vendor Forcepoint has been acquired from defence contractor Raytheon Technologies by global investment firm Francisco Partners.
Read the full story here: https://bit.ly/3oECoB7
Elon Musk's Starlink given green light in UK
Elon Musk's Starlink satellite internet service is already being used by a handful of people across the UK. The company began rolling out a limited trial last month, it has emerged, after Ofcom granted it a licence in November.
Read the full story here: https://bbc.in/3btjlGg
WEDNESDAY:
BT Digital will focus on developing new products, platforms and services using new tech, while leaving network development to the core technology business.
Read the full story here: https://bit.ly/38Ez3wj
NTT Ltd. pairs with GSPARX sustainable offerings at Malaysia data centre
NTT Ltd. has partnered with GSPARX, a wholly-owned subsidiary of Tenaga Nasional Berhad (TNB) that focuses on offering renewable energy solutions.
Read the full story here: https://bit.ly/3nEPkpp
THURSDAY:
Alibaba Cloud expands cyber security offerings with LGMS
Alibaba Cloud and cyber security consulting company LGMS have formed a global partnership to help enterprises boost their security capabilities.
Read the full story here: https://bit.ly/38EcojL
Walmart to launch fintech startup
US retail giant Walmart is launching its own fintech startup in a joint venture enterprise with Ribbit Capital. The venture will bring together Walmart’s retail knowledge and scale with Ribbit’s fintech expertise.
Read the full story here: https://bit.ly/2LA0ZIZ
FRIDAY:
NEC building new Palau submarine cable
The NEC has announced the construction of a new submarine cable, the deal has been signed with Palau’s National Submarine Cable Utility Belau Submarine Cable Corporation (BSCC) for an undisclosed sum.
Read the full story here: https://bit.ly/3nMTwDF
Elisa to buy camLine for US$73 million cash
Finnish telecom operator Elisa has agreed to buy software maker camLine in an all-cash deal valued at $73 million.
Confirmed Tuesday, the deal is aligned with Elisa's international growth strategy and increasing focus on industrial software.
Read the full story here: https://bit.ly/3nLPzPp
