UK to probe Inmarsat and Viasat’s $7.3B merger on competition grounds, says it could lead to pricier in-flight Wi-FI

The U.K.’s Competition and Markets Authority (CMA) has announced that the proposed merger between London-based satellite communications company Inmarsat and its U.S. rival Viasat raises potential competition concerns, and plans to launch a full-scale investigation into the deal. The $7.3 billion transaction, comprising a mix of cash, equity, and debt, was first announced last November, … Read more

AI-powered supply chain visibility platform Altana bags $100M

Trade wars, military conflicts, the rise of e-commerce and sustainability concerns are driving changes to supply chain networks and trade flows. Seventy-four percent of supply chain companies made changes to their networks within the past two years, according to Gartner. And in an IBM survey, 40% of executives stressed the need for spare capacity to weather … Read more

Uber’s former security chief found guilty of covering up 2016 data breach

Uber’s former head of security has been found guilty of criminal obstruction for attempting cover up a data breach that saw tens of millions of customer and driver records stolen. A federal jury in San Francisco convicted Joseph Sullivan, Uber’s former chief security officer (CSO), of obstructing justice and concealing knowledge that a federal felony … Read more