Cisco reviews code after Juniper breach; more scrutiny expected

Rival warns customers that it had uncovered 'unauthorized code' in its firewall software

Reuters

BOSTON (Reuters) - Networking equipment maker Cisco Systems Inc said on Monday it has launched a product review to look for tampering after rival Juniper Networks Inc's disclosure found code in firewall software that made it vulnerable to cyber attacks.

Juniper warned customers on Thursday that it had uncovered "unauthorized code" in its firewall software, saying it could be exploited to allow an attacker to unscramble encrypted communications that travel through the security devices.

How a Boston private equity firm became a major fiber and data center player

A conversation with Gillis S. Cashman, managing partner, M/C Partners

Background

M/C Partners is a Boston-based communications-focused private equity firm, originally the media/communications arm of TA Associates and spun out in the mid-80s. The firm was an early investor in Western Wireless, Nextel, and a host of smaller wireless companies across the country. Its most recent big wireless deal helped to fund the initial build out of MetroPCS in 2001-2002.

Net Insight says new invention could double addressable market

The Internet may lag a minute behind traditional TV, to the dismay of live broadcasters

Reuters

STOCKHOLM (Reuters) - Net Insight's new invention that enables synchronized live broadcasts on TV, tablets and smartphones could double its total addressable market in 1-2 years and should have a healthy impact on profit margins, its chief executive told Reuters.

The Internet often has a lag of a minute or more compared to traditional TV, causing particular headaches for broadcasters of live events such as sports, which Net Insight promises to help its customers do away with.

EU data protection reform may promise more than it delivers

The new rules should be a boon for web companies such as Google, Facebook and Amazon

Reuters

BRUSSELS (Reuters) - Implementing the biggest shake-up to Europe's fragmented data protection laws in two decades may fail to provide companies with the consistency and simplicity that had been promised across the 28-nation bloc.

A patchwork of privacy laws in the European Union, dating back to 1995 when the internet was in its infancy, was criticised for lacking teeth and being interpreted differently across the EU.

Hack attacks and data law boost European cyber insurance demand

New EU data protection laws compel companies to report potentially harmful breaches within 3 days

Reuters

(Reuters) - New European legislation on data privacy is helping push up regional demand for cyber insurance, industry specialists say, after companies such as TalkTalk and Experian were affected by hackers earlier this year.

The European Union agreed this week to change fragmented data protection laws, forcing companies to report breaches likely to harm individuals to national authorities within 72 hours.

Telus shares sunk by rival Shaw's move on Wind

Deal would enable Shaw to bundle Internet, TV and landline with an established wireless product

Reuters

TORONTO (Reuters) - Cable company Shaw Communications Inc gutpunched its main telecom rival with a surprise offer to buy wireless operator Wind Mobile, sinking shares in Telus Corp on Thursday amid competition fears.

Telus fell to its lowest since early 2014 as analysts cheered Shaw's move, which if completed, would give Wind more financial heft to expand its network and provides Shaw with an established wireless product to bundle with its Internet, television and landline services.

Qualcomm decides against breakup, says current structure best

Some analysts expressed surprise that Qualcomm did not come up with any value-boosting plans

Reuters

(Reuters) - Qualcomm Inc has decided not to split into separate chipmaking and technology licensing businesses, concluding a six-month strategic review instigated by hedge fund Jana Partners.

San Diego-based Qualcomm, the biggest maker of chips used in mobile phones, said on Tuesday its current structure offered unique strategic benefits that cannot be replicated.

Connected Devices Seen as Building Blocks of Smart Cities

Local government spending on Smart Cities may reach 25% of all government external spending on IoT by 2018

One of the key limiting factors to growth of IoT beyond existing objects is that many envisioned use cases involve low value. There is a need for improvements in both on the demand side (higher valued use-cases) and the supply side (lower cost of inputs for IoT by way of less expensive components and service costs). >> Read more
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Smart Cities Opportunities - Exclusive Market Research ReportSmart City solutions providers are taking a more integrated approach to the design and implementation of infrastructure and service capabilities. Features and functionality must be blended to work efficiently across many industry verticals, and to address the needs of disparate market segments with multiple overlapping, and sometimes mutually exclusive, requirements.

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U.S. top court rules for DirecTV in arbitration case

Class action law suits in 2008 asserted that company violated state law by imposing cancellation fees

Reuters

WASHINGTON (Reuters) - The U.S. Supreme Court on Monday ruled for DirecTV Inc, backing the satellite television provider's efforts to enforce arbitration agreements signed by its customers in California.

Consumer advocates have criticized the increased use of such arbitration agreements that they contend deny customers the opportunity to vindicate their rights in court.

U.S. to revise Raytheon contract for satellite control

Completion of new ground control network for GPS satellites to be delayed until July 2022

Reuters

WASHINGTON (Reuters) - The U.S. Air Force plans to revise its contract with Raytheon Co for a new ground control network for GPS satellites after officials decided last week to delay completion of the program until July 2022, a senior official said Thursday.

Major General Roger Teague, director of space programs for the Air Force's acquisition chief, told Reuters in an interview it was not clear how much the delay would add to the program, which was previously expected to cost $3.6 billion.

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