Tech IPOs indicate slowest pace since the banking crisis

Banking Crisis
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With the end of the first half of the year in sight, it looks like Fitbit may be the last tech IPO of what so far has been the slowest year for new public offerings in the sector since 2009. That was the middle of the banking crisis and just after Sequoia Capital made its “RIP:Good Times” presentation to its portfolio CEOs in 2008. There have only been two tech companies from the Bay Area to go public so far this year — Box and Apigee — and San Francisco-based…

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How 5 most valuable internet companies have changed over the past 2 decades

Google
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It’s mind-boggling how the 5 most valuable internet companies have changed over the past 20 years In 1995, the internet was just about to get started. It was only a year after big internet companies like Yahoo and Netscape were founded. Fast forward 20 years later, and the web business landscape looks a lot different from back then. In fact, only 1 out of the 5 most valuable public internet companies from 1995 are still in the top 5 list, according to Mary Meeker’s “Internet Trends” report. Check out the…

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Startups are bringing mobile banking to the last mile in Africa

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Mobile banking has provided financial inclusion for developing countries. A new wave of startups is now taking the tech beyond mobile wallets. When Ismail Ahmed moved from Somalia to England in 1988, he regularly sent money back home. He experienced exorbitant fees, transfer offices with erratic opening hours, and was often worried about how easily his family would be able to retrieve the money. In 2010 Ahmed founded WorldRemit, an online service that allows users to send money internationally via a PC or phone. Today, more than 250,000 transactions flow…

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DotConnectAfrica joins the Congressional Black Caucus (CBC) at the CBC TECH 2020 Launch in Washington DC

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DotConnectAfrica Trust joined, the Congressional Black Caucus (CBC) on Tuesday, May 19 2015,  at the launch of CBC TECH 2020, a new initiative aimed at engaging the tech sector in increasing African-American representation and inclusion in the industry. The event was held at Madison Building, Library of Congress, 101 Independence Avenue Washington, DC  20540. Photo: Congressman G. K. Butterfield, Chair of the Congressional Black Caucus (CBC) at the Tech 2020 launch  The CBC Diversity Task Force Members include Rep. G. K. Butterfield (NC), CBC Chairman, Rep. Barbara Lee (CA), Co-Chair,…

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Is Quantum computing about to make big trouble for cybersecurity?

Google
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There is a race to build quantum computers, and (as far as we know) it isn’t the NSA that is in the lead. Competing are big tech companies such as IBM, Google, and Microsoft; startups; defense contractors; and universities. One Canadian startup says that it has already developed a first version of a quantum computer. A physicist at Delft University of Technology in the Netherlands, Ronald Hanson, told Scientific American that he will be able to make the building blocks of a universal quantum computer in just five years and a fully-functional demonstration machine…

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Website not mobile friendly? Google is making major Algorithmic change to rank you lower

Privacy
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On Tuesday, April 21, Google is making a major update to its mobile search algorithm that will change the order in which websites are ranked when users search for something from their phone or tablet, making it mobile friendly. The algorithm will start favoring mobile-friendly websites (ones with large text, easy-to-click links, and that resize to fit whatever screen they’re viewed on) and ranking them higher in search. Websites that aren’t mobile-friendly will get demoted. About 60% of online traffic now comes from mobile and Google wants users to have a good…

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WSJ: Google Hit With Antitrust Lawsuit In Europe

Privacy
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“European Union regulators formally accused Google Inc. of violating the bloc’s antitrust laws by abusing its dominance of online search, escalating a long-running case that had stalled for years despite three separate attempts at a settlement. Wednesday’s move is the first time that any regulator has filed formal antitrust charges against the California search giant, putting the EU in the vanguard of a global debate over the regulation of giant Internet platforms.” Adapted from WSJ

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Big Market Research: Internet Security Market Expected to Grow Positively Despite a Rise in Hacks

Google
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PORTLAND, Oregon, April 8, 2015 /PRNewswire/ — Big Market Research adds a report titled “Global Internet Security Market – Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 – 2020.” The report states that the market would attain a value of $42.8 billion by 2020 with a CAGR of 8.1% during the year 2014 – 2020. As of now, software solution dominates the market. However it is mentioned in the report that the cloud based system would register more growth during the forecast period. (Logo: http://photos.prnewswire.com/prnh/20141014/710132 ) The widespread application of…

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EU hopes to abolish Internet geoblocking as it stands in the way of a modern digital market

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The European Commission has said it is resolved to do away with the common practice of the user IP-based blocking of some digital content on the Internet. It said geoblocking stood in the way of a modern digital market. The EU executive announced Wednesday it had reached a decision in principle to tear down national Internet usage barriers by scrapping the widespread practice of what’s become known as geoblocking. It’s a method of preventing users from accessing certain websites, videos, music and other content based on their location and has…

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Understanding the Impact of Internet of Things

Liquid Telecom
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While Apple and Samsung have had the benefit of being the large, dominant players in the mobile smart phone space, there are likely to be many successful entrepreneurial companies with many different Internet of Things products that help drive the next wave of innovation. It’s amazing when you stop and think about it. Your mobile phone has instant access to the sum total of human knowledge … and yet something important is missing: Contextual Awareness. Through sensors both stationary and wearable, the Internet of Things (IoT) has the potential to change…

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