After 20 years, DomainTools takes its first VC dough

DomainTools has taken a “significant” investment from a venture capital firm, the first outside funding its received in its 20-year history. The amount of the investment is undisclosed, but DomainTools said its investor is Battery Ventures. Battery already owns stakes in numerous software and technology companies, but this appears to be its first foray into …

Verisign reports Q3 earnings, 10.9 million new .com/.net registrations

Verisign, the domain name registry for .com and .net domain names, announced third quarter earnings after the market closed. Revenue was up 3.1% year-over-year to $318 million. The company’s topline generally moves slowly but should spike next year as it implements a 7% price hike on .com domain names. Profit increased from $154 million in …

Enhancing the Effectiveness of ICANN’s Multistakeholder Model Moves into Implementation

Each day, the ICANN community comes together to develop policies that will ultimately impact how the world interacts with the Internet through its system of unique identifiers. At the heart of this important work is the ICANN multistakeholder model – a bottom-up system of governance where every stakeholder, no matter their background or experience, has an opportunity to have …

Chinese-Made Smartphones have Pre-installed malware that secretly subscribes users

Chinese-Made Smartphones have Pre-installed malware that secretly subscribes users Pre-installed malware that signs mobile users up for subscription services without their permission has been discovered on thousands of low cost smartphones from the Chinese manufacturer Transsion. The discovery was made by Upstream’s anti-fraud platform Secure-D whose researchers conducted a full investigation into the origin of …

Banking For All Act: Digital Dollar And Digital Wallet Bill Surfaces In The U.S. Senate

Banking For All Act: Digital Dollar And Digital Wallet Bill Surfaces In The U.S. Senate A bill has surfaced in the Senate called the ‘Banking For All Act’, sponsored by the Ranking Member of the Senate Banking Committee, U.S. Senator Sherrod Brown (D-OH). In the press release, Senator Brown lays out the details of his …

Google Meet enables Chromecast For TV Screen Video Conferencing

Google Meet enables Chromecast For TV Screen Video Conferencing Google Meet enables Chromecast. Google is making the idea of having your work meetings on the biggest screen in your house more appealing. Google Meet  will let Chromecast support cast your meeting to the company’s Chromecast streaming sticks, Android TV, and smart displays. “Earlier this year, …

Facebook faces new allegations of illegally harvesting Instagram user data

Facebook faces new allegations of illegally harvesting Instagram user data. Facebook Inc. is facing new allegations that it illegally harvests the biometric data of users, this time in a lawsuit that targets the company’s photo-sharing app Instagram. Last month, the social media company offered to pay $650 million to settle a lawsuit in which it …

Ethiopia pulls plug on entry of foreign telecom companies to its market

Ethiopia pulls plug on entry of foreign telecom companies to its market The Ethiopian government has suspended the entry of foreign telecom infrastructure companies into the country, possibly slowing down the enthusiasm that arose after authorities announced plans to liberalize the market. Last June, the country’s communications authority reported that it had received 12 expressions …

Global Government IT Spending to Decline by 0.6% in 2020

Global Government IT Spending to Decline by 0.6% in 2020. According to the latest forecast by Gartner, Inc. Worldwide government IT spending is forecast to total $438 billion in 2020, a decrease of 0.6% from 2019.Global government IT spending will represent 16% of total enterprise IT spending across all industries, which is forecast to total …