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Uber closing self-driving truck division

Uber is pulling down the shutters on its self-driving trucks unit, a programme rooted in the $680 million acquisition of San Francisco-based Otto in 2016. The company has announced that it is now refocusing its efforts on self-driving cars as it gears up for IPO in 2019. More at IOT NETWORK NEWS

First crypto firm IPO on London Stock Exchange raises $32.5 Million

A crypto mining company has raised £25 million (about $32.5 million) through an IPO on the London Stock Exchange (LSE). U.K.-based Argo Mining (ticker: ARB), which provides "accessible" crypto mining via a subscription service, is the first crypto company to be listed on the LSE. The company raised £5 million (about $6.5 million) more than its initial goal of £20 million through the IPO. Read more at CRYPTO...

UK bicycle company allows you to generate cryptocurrency while you cycle

A bicycle manufacturer based in Twickenham, UK, has developed an electric bicycle that generates cryptocurrency while you ride it. The digital e-bike, dubbed the TOBA, is ready for release next month and 50cycles has published some promotional photographs of it ahead of the launch. The company is the first to create a concept of this nature, morphing the world of cryptocurrency into the health and fitness industry. Read more at CRYPTO...

Swiss data center operator Deltalis leaving colocation business

The fate of the bunker in the Swiss Alps is not clear. Deltalis, the company that was aiming to build “the most secure data center in Europe” in a former military bunker, located in the Swiss Alps, is exiting the retail colocation business. The change of direction was rumored since April, and was inadvertently confirmed by CEO Frank Harzheim in an email to DCD. The company’s website has removed all references to data...

Sony offers solutions for boosting blockchain hardware in two patents

Japanese electronics giant Sony has filed two patents for boosting blockchain-based ecosystems, according to filings 20180218027 and 20180219686 published by the U.S. Patent and Trademarks Office (USPTO) Aug. 2. Through the patents, Sony intends to improve the design and structure of blockchain hardware by introducing new circuitries to the processes of distributed ledger technology. Read more at CRYPTO WORLD NETWORK NEWS

German telecoms regulator should ensure MVNO access to 5G networks on its territory

Following-up on the hearing of 13 July on the forthcoming auction for 2 GHz and 3,6 GHz radio spectrum held by the German Federal Network Agency (hereafter 'the BNetzA'), MVNO Europe calls upon the German regulator to provide for mandatory wholesale network access requirements on radio spectrum licensees, or to structurally encourage participants in the German 5G spectrum assignment proceedings to formally commit to offering...

Soracom simplifies secure provisioning of IoT devices in field

Soracom, Inc., provider of the leading cloud-native connectivity-as-a-service platform for the Internet of Things (IoT), announced released of its Krypton service, which simplifies and lowers the cost to securely provision connected devices in the field. Krypton uses SIM authentication to identify each unique device the first time it is connected to a cloud service. This allows shipment of devices with a common firmware image to end customers,...

200,000 routers in Brazil were secretly hijacked to mine cryptocurrency

Brazil has been hit by an elaborate cryptocurrency mining attack that infected hundreds of thousands of routers across the country. The attack, which is still ongoing, affects MikroTik routers specifically. In this instance, over 200,000 machines have been affected, creating a massive XMR-mining botnet across Brazil. Read more at CRYPTO WORLD NETWORK NEWS

Samsung and Swann IoT apps breached

Security flaws were revealed within the firmware of Samsung‘s SmartThings Hub. Cisco Talos issued a blog on multiple vulnerabilities. As Jeremy Cowan reports, this is not the only IoT security flaw exposed recently. No surprise then, that enterprises are getting twitchy about the security of their future IIoT services. Read more at IOT NETWORK NEWS

Semtech’s LoRa technology creates smarter streets in India

Ahoy Systems smart street light solutions offer ultra-low power capabilities to save cities on utility costs. Semtech Corporation, announced that Ahoy Systems, an electronic design house and OEM for several smart city devices, incorporated Semtech’s LoRa® devices and technology into its smart street-lighting products. Read more at IOT NETWORK NEWS

Kerlink connects with leading Turkish IoT network provider

Kerlink, announced plans to expand its presence in Turkey, in partnership with the nationwide IoT network-solutions distributor, NetOP Technology. The Turkish company designs and manufactures more than 60 types of low-power, wide-area network (LPWAN) sensors, and provides end-to-end IoT solutions for vertical markets with its hardware and software. NetOP Technology’s sensors support an extensive range of applications in industrial...

Facebook approves Coinbase ads as CEO gets listed on Top 40 Under 40

After Facebook lifted its ban on cryptocurrencies, it was just a matter of time before the first crypto-related company got approval to place its Ad on the popular social network platform. The first company to enjoy this privilege wasl nonother than the leading crypto exchange in the U.S, Coinbase. Describing the industry as an open financial system, Brian Armstrong, Coinbase’s CEO, made the announcement on his Twitter account. Around the...

IBM showcases Watson momentum in Europe as well as cloud success

IBM is certainly making progress in Europe if recent releases are anything to go by – both in cloud and with its AI-enabled assistant Watson. Many of the company’s new European clients are using Watson, according to a momentum release, including Spanish electricity grid operator Red Eléctrica de España, Italian elderly care provider Cooperativa Sole, Dutch telecommunications operator Tele2 and Israeli manufacturer of...

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