British satellite Internet company OneWeb has filed for bankruptcy in the US after attempts to secure funding for a commercial launch were checked by the coronavirus fears.
The firm, which had already secured billions in funding from investors such as Softbank, Qualcomm and the Government of Rwanda, was hoping to take its space-bound internet service commercial before the end of next year.
As more workers rush to adopt remote working technologies such as cloud-based teleconferencing or collaboration tools, cyber security companies have been quick to identify the ways in which hackers might exploit the situation to compromise users.
The latest company to do so is Check Point Software, whose researchers have penned a fresh blog post detailing how cyber hackers are taking advantage of surging demand for Zoom, conferencing software that has become a household name in recent weeks.
"We are impressed with the sheer volume of crowd visiting our booth. We’ve had very good interactions with the delegates and alliance partners."
Marketing Director, TIBCO Software
"We’ve met a good mix of new prospects and existing customers over the two days. There were many relevant questions posed by the delegates, attesting to the immense interest the show has generated for us leading up to the show."
Marketing – South East Asia and India, Splunk
"The conversations in the big data community around machine learning is a lot more mature here. Not only the delegates are interested in big data, they are also keen to learn more about data science, artificial intelligence and internet of things."
Regional Sales Director, Qubole Inc.
"I’m amazed with the diversity of vendors from data centre, big data, data integrators and cloud solution providers. There’s something here for almost anybody from the technology world. The most valuable takeaway for me is the opportunity to meet with our technology partners, alliance partners as well as our prospect and existing customers.!