China blames hacking attack for recent Internet problems

Latest in a series of challenges businesses and individuals have faced going online in the PRC

Reuters

BEIJING (Reuters) - A hacking attack using malware from overseas servers was to blame for Internet problems in China earlier this week that prevented users accessing a number of popular foreign websites, an official state-run newspaper said on Friday.

Social media users first reported on Sunday that they were being sent to software website wpkg.org and travel website ptraveler.com when trying to access news websites like cnn.com, news portal yahoo.co.jp, and games website runescape.com, among others.

TMT Finance and Investment Africa 2015

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Tuesday, June 23, 2015
End Date: 
Tuesday, June 23, 2015

London:

Join the key industry and finance leaders investing in telecommunications in Africa

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The 6th TMT Finance & Investment Africa 2015 Conference takes place at the Millennium Hotel Mayfair, London on June 23, 2015.

Nokia's network profits drop, raise concerns over Alcatel deal

Ranks of investors betting against Alcatel-Lucent appear to be growing

Reuters

HELSINKI/PARIS (Reuters) - Finland's Nokia reported quarterly profits well below market forecasts at its telecom network equipment business, sending its stock tumbling 10 percent and raising concerns over its planned takeover of smaller rival Alcatel-Lucent.

First-quarter revenue was ahead of expectations, but operating profit dropped 61 percent, which Nokia blamed largely on the need to cut prices to secure major mobile contracts in China and on weaker software sales.

LEO Satellite Constellations: Understanding Strengths and Limitations

LEO constellations can be a complementary, rather than competing, offering to GEO satellites

There are benefits to using satellites in LEO or GEO orbits.  The key for network operators is to choose the right satellite design, technology, and orbit for the application and market they serve. 

Nokia bets software revolution will help avoid past merger errors

Getting the transition right is essential to achieving the synergies and avoiding alienating major customers

Reuters

PARIS/HELSINKI/STOCKHOLM (Reuters) - Nokia's acquisition of smaller rival Alcatel-Lucent may avoid the pitfalls that befell earlier telecom network equipment marriages, thanks to a revolution over the past decade in how products are launched and developed.

The brains and brawn of telecom networks today lie in software, which is programmable and flexible, and not in customized hardware as in the past. Products are more modular with open interfaces that allow equipment from different manufacturers to talk to each other.

Huawei CEO says Chinese cybersecurity rules could backfire

Xu says policies could hamper free competition and innovation and undermine security in the long term

Reuters

SHENZHEN, China (Reuters) - China can only ensure its information security in the long run if it keeps its market open to the best technology products, be they foreign or domestic, Huawei's rotating chief executive Eric Xu told Reuters on Tuesday.

Xu's remarks are a rare example of a top Chinese CEO openly questioning the direction of Beijing's information security policy, already a source of concern for countries who fear it will limit opportunities for their technology firms.

Arris to buy British set-top box maker Pace in $2.1 billion deal

Deal comes as OTT disrupts traditional video service industry

Reuters

(Reuters) - Network gear maker Arris Group Inc said it would buy British set-top box maker Pace Plc in a $2.1 billion cash-and-stock deal to expand its operations outside North America.

The deal, which involves the creation of a new company that will be incorporated in the UK, will help Arris reduce corporate taxes.

Arris said the deal will reduce its non-GAAP tax rate to about 26-28 percent. The company's tax rate was 36.8 percent in 2014.

Security: The Next SDN Frontier

A fundamental shift is happening in security technology

Recently I have been studying the approaches of many security technology firms, and what I've found is that a fundamental shift is happening in security technology: Security scanning and analysis mechanisms are starting to move from hardware appliances to the cloud.

Nokia buys Alcatel to take on Ericsson in telecom equipment

The deal will redefine a sector suffering weak growth prospects

Reuters

HELSINKI/PARIS (Reuters) - Nokia will buy Alcatel-Lucent in an all-share deal that values its smaller French rival at 15.6 billion euros ($16.6 billion), building up its telecom equipment business to compete with market leader Ericsson.

The deal will redefine a sector suffering weak growth prospects and pressure from low-cost Chinese players Huawei and ZTE.

Raytheon to buy cybersecurity firm Websense in $1.9 billion deal

Deal will add more than 20,000 commercial customers to predominantly government portfolio

Reuters

(Reuters) - U.S. arms maker Raytheon Co is buying network security provider Websense Inc from private equity firm Vista Equity Partners LLC in a $1.9 billion deal, the latest in the fast-growing cybersecurity market.

Several companies, including Sony Corp, Staples Inc, Home Depot Inc and Target Corp, have been targets of high-profile data thefts over the past two years.

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