How do you critique functional art? Do you base your assessment on its capability or the resolution at which it solves a problem? Is it more important that it succeeds as art? Or is it the overall statement of purpose that matters, balance between form and function be damned? Not questions I expected to grapple…
The security of IoT devices is of paramount concern across various industries as the digital landscape continues to evolve. IoT News caught up with Qiang Huang, head of IoT security product management at Palo Alto Networks, to shed light on the advancements and challenges facing IoT security. Huang emphasised that, while IoT has become integral…
As the buy now, pay later (BNPL) market continues on its slow decline, one of the major players, Splitit, is embarking on an effort to reorganize and pivot. Splitit today announced that it has a $60 million “capital commitment” from strategic investors including Thorney Investment Group, Parea Capital and Motive Partners. Bringing the startup’s total…
The security of IoT devices is of paramount concern across various industries as the digital landscape continues to evolve. IoT News caught up with Qiang Huang, head of IoT security product management at Palo Alto Networks, to shed light on the advancements and challenges facing IoT security. Huang emphasised that, while IoT has become integral…
Peak XV Partners is in advanced stages of deliberations to lead a financing round in Neo Group, an asset management and financial advisory firm, three sources familiar with the matter said. The firm is finalizing an investment of as much as $50 million in Neo Group, which also runs a family office, the sources said,…
In the ever-evolving landscape of digital transformation, IoT deployments have emerged as a pivotal component in the strategies of enterprises. IoT deployments enable businesses to reap rewards such as enhanced productivity, reduced costs, and the realisation of environmental sustainability objectives. Omdia’s latest Internet of Things Enterprise Survey underscores the escalating commitment of businesses to IoT…
Electrify America, the EV charging company created by Volkswagen in the aftermath of its diesel emissions scandal, said on Tuesday that a new, 75 megawatt solar farm in Southern California is now up and running. Electrify America isn’t operating this solar farm. Instead, the company struck a 15-year virtual power purchase agreement (VPPA) with renewable…
In the ever-evolving landscape of digital transformation, IoT deployments have emerged as a pivotal component in the strategies of enterprises. IoT deployments enable businesses to reap rewards such as enhanced productivity, reduced costs, and the realisation of environmental sustainability objectives. Omdia’s latest Internet of Things Enterprise Survey underscores the escalating commitment of businesses to IoT…
Zeelo — a ‘smart buses’ platform providing bus operators, employers and schools with private bus and shuttle transport programs — has secured $14 million in a fresh Series A ‘Extension’ round of funding. The new investment was led by FlatzHoffmann (a European growth equity investor) and was joined by IREON Ventures (the CVC arm of…
Google’s Waymo and General Motors’ Cruise have both received the green light from California’s regulatory body to implement 24/7 fare-based services for fully driverless rides in San Francisco. The pivotal decision was made by the California Public Utilities Commission (CPUC), which voted 3 to 1 in favour of granting the expansion of driverless services for…
