| | Wednesday, November 22, 2017 | |
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The FCC publishes the full, final draft of its plan to repeal 2015 net neutrality protections; the "Restoring Internet Freedom" order would undo the Obama-era classification of ISPs as utilities and instead classify them as information services; the change would allow ISPs to prioritize traffic - Link
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Networking hardware and software company Casa Systems files for IPO; aims to raise $150M with Nasdaq debut under the symbol CASA; founded in 2003, raised $99.6M to date - Link
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Divergent 3D, which produces 3D printing equipment for auto manufacturers, raises $65M from a group of Chinese investors; the group has also offered up to $40M in follow-on commitments, dependant upon revenue growth; raised $88M to date - Link
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CyberMiles, a blockchain platform for commercial apps, raises $30M via ICO; issued 420M CyberMiles Tokens (CMT) in addition to the 280M issued during pre-sale; supports multiple protocols for operating decentralized apps: marketplaces, e-commerce, more - Link
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Scalyr, which provides cloud-based log management and server monitoring, raises $20M Series A led by Shasta Ventures; founded in 2012; claims 140 customers, including Baidu, Giphy, and CareerBuilder; raised $22.1M to date - Link
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Lightform, which produces a computer and software for projected augmented reality, raises $5M led by Lux Capital; scans a room or particular area, then alters AR elements to conform to 3D physical objects, walls, etc; currently alpha testing; hopes to open sub-$1k pre-orders next year; raised $7.8M to date - Link
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Peter Thiel sells about three-fourths of his Facebook stock, roughly 160k shares, for $29M; he now holds about 60k Class A shares; Thiel was the company's first institutional investor; he sold 20M shares for $400M following the company's IPO in 2012 - Link
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Facebook to launch a tool enabling users to find out if they engaged with posts from Russia-linked propaganda campaigns; the portal will launch by year's end and will reveal details for content and accounts on Facebook and Instagram between January 2015 and August 2017 - Link
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Amazon updates its AWS computer vision service, Rekognition, with improved face detection, real-time face identification, and recognition of text in images; can now detect up to 100 faces in crowd photos; now provides real-time search of identified faces within tens of millions of images - Link
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A subsidiary of Bill Gates' Cascade Investment has purchased land in Belmont, AZ to construct a smart city; Mt. Lemmon Holdings has committed $80M to the project, which aims to build residences, offices, schools, and retail spaces on 25k acres - Link
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Go to NetSuite.com/Ring to get your FREE guide called “Crushing Your Five Barriers to Growth.”
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Parisian asset manager Tobam launches Europe's first Bitcoin mutual fund; the unregulated fund is classified as an alternative investment fund and doesn't trade on any exchange; it does have daily liquidity based on market closing prices - Link
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Princeton study finds 480 of the top 50k websites track visitors' keystrokes, mouse movements, more; popular session replay software sends this data to third-party servers, and, as the researchers note, puts sensitive user data at risk - Link
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Net neutrality activists plan protests at Verizon stores on Dec 7; the FCC will vote on Dec 14 to retain or repeal Obama-era net neutrality protections; the protest organizers - Demand Progress, Fight For The Future, and FreePress Action Fund - are calling on Congress to prevent the FCC from removing Title II net neutrality protections - Link
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Holographic interface company HoloTouch sues Microsoft, alleging the company willfully infringed HoloTouch patents when developing HoloLens; HoloTouch indicates it reached out to Microsoft on multiple occasions to establish a partnership or licensing agreement, but never received a response - Link
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DARPA's Advanced Plant Technologies (APT) program aims to genetically engineer plants to detect specific stimuli and to respond as programmed; could replace traditional sensors for detecting chemicals, pathogens, radiation, more; physiological responses would be monitored with existing hardware - Link
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Intel announces firmware vulnerabilities affecting PC, Server, and IoT processor platforms; one enables remote code execution; Intel has provided a tool for users to check if a given computer is affected; HP, Dell, and other OEMs have patches ready for deployment - Link
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