iBASIS acquires Simfony to bring eSIM management to global IoT roaming offer

Boston-headquartered carrier services company iBASIS has acquired Dutch IoT platform provider and mobile virtual network enabler (MVNE) Simfony for an undisclosed fee. The deal was completed via iBASIS’s highly acquisitive parent company, France-based Tofane Global. The cloud-based Simfony IoT platform, available on subscription (“as-a-service”), promises “rapid time-to-market and elasticity for an unlimited number of connected…

Stronghold launches $100M venture arm to invest in underrepresented founders and fintech – TechCrunch

Payments infrastructure company Stronghold has launched a venture capital arm to deploy $100 million of its balance sheet capital in startups and funds in three core strategies — underrepresented founders, fintech, and web3, CEO Tammy Camp told TechCrunch in an interview. Stronghold offers a suite of fintech and blockchain APIs and services, including embedded payments,…

EU Data Protection Watchdog Calls for Ban on Pegasus-like Commercial Spyware

The European Union’s data protection authority on Tuesday called for a ban on the development and the use of Pegasus-like commercial spyware in the region, calling out the technology’s “unprecedented level of intrusiveness” that could endanger users’ right to privacy. “Pegasus constitutes a paradigm shift in terms of access to private communications and devices, which…

European operators want platforms to contribute towards infrastructure

A number of large European operators are calling for content platforms to contribute towards the cost of infrastructure. In a joint statement, the CEOs of Vodafone, Telefónica, Deutsche Telekom, and Orange have expressed their opinion that content platforms should contribute towards building the connectivity infrastructure they rely on. “The current situation is simply not sustainable.…