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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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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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Sharing Responsibility for Data Security in the Cloud

CIO

The security-shared-responsibility model is essential when choosing as-a-service offerings, which make a third-party partner responsible for some element of the enterprise operational model. But outsourcing operational risk is untenable, given the criticality of data-first modernization to overall enterprise success.

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Understanding the security shared responsibility model in an as-a-service world

CIO

The security-shared-responsibility model is essential when choosing as-a-service offerings, which make a third-party partner responsible for some element of the enterprise operational model. But outsourcing operational risk is untenable, given the criticality of data-first modernization to overall enterprise success.

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South African payments gateway Ozow raises $48M Series B led by Tencent

TechCrunch

Chinese internet giant Tencent led the round, with other investors Endeavor Catalyst and Endeavor Harvest Fund participating. The company allows consumers to access their internet banking platform when they make transactions online. Faster deals, less diligence: The African startup market mirrors its larger rivals.

Banking 269
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Trigent Software, a Pioneer in Software Development for IT Businesses: GoodFirms

Trigent

There is everything with Trigent Software that a successful software development company holds to obtain remarkable market growth and mark customer footprints for long, from happy employees to happy customers. Palaniappan advocates the in-house team model in the company. All tasks are executed within Trigent’s premises.

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Payments remain the darling of the fintech space

TechCrunch

Either way, let’s hope 2023 brings with it greater due diligence, less ego and more viable business models. On outage tracker DownDetector.com, irate customers reported missing funds and unexpected negative balances due to problems with the digital payment network.” So whether it’s a correction or a bubble is hard to say really.

Fintech 263