VENTURE CAPITAL POST

Google Signs Internet Deal with Cuba.

Two giant providers, AT&T and Time Warner proposed an $85 billion deal to merge the companies in order to provide more innovation in the industry. The merger, however, faced tough questions in the Senate as the regulators are skeptic about the possible effects of such large-scale deal to pricing and competition.

Josh Harris was branded as the internet pioneer and the "We Live in Public" star prophet. But years later, he lives in an apartment without his millions.

Baidu sees that internet is the best help for the company to succeed. It is now investing $3M Investment.

As a response to China’s new anti-terror law, 25 tech companies in the country have signed a pledge to help the government combat online terror activities. Under the law, tech companies are required to decrypt information for Beijing and provide assistance to keep the internet from terror-related contents.

Google Fiber is now phasing out its free internet option in Kansas City. For existing customers, they may continue usign the service. For subscribers to take advantage of the free internet option, they have to pay an installation fee of $300.

Bosch is seeking to transform itself from equipment manufacturers to service providers. The company has launched its own cloud computing network and is determined to develop its Internet of Things technology and software to be better.

A computer security researcher revealed the vulnerabilities of the Nissan Leaf’s companion app that could allow hackers to control the cars’ heating and cooling as well as access battery status. More than a month after the initial disclosure to Nissan, the company disabled the app while working to find a permanent solution.

The latest quarterly survey of Fenwick & West LLP found most Silicon Valley companies that raised venture funding in the fourth quarter of 2015 softened.

India’s internet regulator, the TRAI, had officially banned Facebook’s Free Basics program. The program has been banned for a few months now, but TRAI has been willing to reevaluate the terms until it came up with the decision that the program would not be allowed in the country. The Free Basics program was banned due to concerns over internet neutrality.

The program aims to provide limited internet access to users, but the concept has raised concerns regarding internet neutrality. The Telecom Regulatory Authority of India has asked Facebook to discontinue the service until they provide more information on the program as requested. Facebook has responded with a campaign, but the program's ban has not yet be lifted.

The airways announced new cabin design, completed with enhanced technology system to meet travelers' needs nowadays. Besides in-flight internet connection, they also improved new entertainment system with new features and bigger database. The timing of these new improvements coincides with JetBlue's sixteenth anniversary.

The advancement of the internet in South Korea has brought some advantages as well as social issues. Internet addiction has been a concern in the country, and the government is helping to solve the issue with some programs, including rehabilitation camps.

The move to legalize online poker started six months ago and a few changes have been seen since then. The legalization is expected to stop illegal online gambling that has been going on in the country since the activity was banned, and in turn, could also increase tax revenues for Russia. The rest of terms and time measures on this remain unknown.

Li-Fi, a superfast wireless technology, has been proven to be able to transmit data about 100 times faster than current Wi-Fi technology in its first real world test. An Estonian startup Vermenni revealed that it has begun trialling Li-Fi within offices and industrial environments in Tallin and found that the technology is able to send data at up to 1 GB per second.