Monthly Archives: July 2022

Global shortage of fiber optic cable threatens digital growth

Enlarge (credit: Getty Images) A worldwide shortage of fiber optic cable has driven up prices and lengthened lead times, endangering companies’ ambitious plans to roll out state-of-the-art telecommunications infrastructure. Europe, India, and China are among the regions most affected by the crunch, with prices for fiber rising by up to 70 percent from record lows…

You’ll likely never drive Cadillac’s new luxury EV, and that’s okay

The Celestiq show car. Cadillac Cadillac once represented the luxury standard of the world. In the era prior to the 1973 oil crisis, Cadillac was responsible for churning out vehicles with powerful engines, luxurious interiors, and technologically advanced creature comforts. Plus, the brand wrapped all of that in a stunningly gorgeous exterior design. While some…

Can a baby’s cry identify neurological disorders? Ubenwa says ‘yes’

When Charles Onu’ cousin was both born with birth asphyxia and later developed a hearing condition, the seed for Ubenwa, an audio biometric company geared at identifying neurological disorders in infants, was also planted.  Onu, CEO and co-founder, said he hopes Ubenwa will change the way physicians provide care to infants.  “We’re trying to bring…

Private equity descends on Chartbeat

Chartbeat, a website that tells publishers about their readers, is getting the private equity treatment. Launched out of Betaworks in 2009, the service offered real-time analytics back when Google Analytics made you wait 24 hours to see who was clicking around your site. Eons later, private equity firm Cuadrilla Capital has swooped in to buy…

T-Mobile to fork out $350m penalty over infamous data breach

US operator T-Mobile has promised to pay out $350 million to fund claims, legal fees, and administration costs following 2021’s gargantuan data breach. The company also said in an SEC filing that it would fork out $150 million on “data security and related technology” over the next two years. However, T-Mobile maintained that the settlement “contains…