๐ Attracting Digital Nomads, Cable Espionage Concerns, Apple News+ Lifeline
Good Morning! Kick off your week with our latest insights on technological advancements and AI developments.
Todayโs pick
Countries wooing corporate digital nomads hope to make them stayย
U.S. Fears Undersea Cables Are Vulnerable to Espionage From Chinese Repair Ships
As clicks dry up for news sites, could Apple's news app be a lifeline?ย
CyberArk snaps up Venafi for $1.54B to ramp up in machine-to-machine securityย
LG ends XR partnership with Meta; Amazon emerges as new partner
Letโs dive in
Countries wooing corporate digital nomads hope to make them stayย
By Emma Agyemang via Financial Timesย
Countries are actively attracting corporate digital nomads with the hope of making them permanent residents.
Digital nomad visas and incentives are being introduced to lure remote workers.
These initiatives aim to boost local economies and counteract population decline in various regions.
๐: @FT article about nomad visas is a better view on the true intention on the creation of these by the govs. Happy to have collaborated in this article with my friends at @e_Residents "Countries wooing corporate digital nomads hope to make them stay" - Gonรงalo Hall (@Gonzohall)
U.S. Fears Undersea Cables Are Vulnerable to Espionage From Chinese Repair Ships
By Dustin Volz via Wall Street Journal
U.S. officials have warned that undersea internet cables in the Pacific could be vulnerable to espionage by Chinese repair ships.
S.B. Submarine Systems, a state-controlled Chinese company, is reportedly concealing the locations of its repair vessels from tracking services.
Concerns arise from the potential for tampering with these critical communication infrastructures, which are partially owned by companies like Google and Meta Platforms.
๐: U.S. officials are privately warning its telecommunications companies: Undersea cables that ferry internet traffic across the Pacific Ocean could be vulnerable to tampering by Chinese repair ships. - Jonathan Cheng (@JChengWSJ)
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As clicks dry up for news sites, could Apple's news app be a lifeline?ย
By Max Tani via Semaforย
Apple News+ has become a crucial revenue stream for struggling digital publishers like The Daily Beast and TIME.
The platform offers exclusive content to Apple subscribers, generating significant income and audience engagement for mid-sized and major publishers.
Despite the benefits, there are concerns about revenue dependency and editorial influence from Apple, as publishers adapt content strategies to fit the platform's needs.
๐: Big @maxwelltani story on a huge, unnoticed story in media: The rise and rise of Apple News - Ben Smith (@semaforben)
CyberArk snaps up Venafi for $1.54B to ramp up in machine-to-machine securityย
By Ingrid Lunden via TechCrunchย
CyberArk is acquiring Venafi for $1.54 billion to strengthen its position in machine identity security.
The deal, consisting of $1 billion in cash and $540 million in shares, expands CyberArk's total addressable market by $10 billion.
This acquisition highlights the trend of consolidation in cybersecurity, as companies seek to manage the growing complexity of cloud services and mobile technology.
LG ends XR partnership with Meta; Amazon emerges as new partner
By Chae-Yeon Kim via The Korea Economic Daily Globalย
LG Electronics has ended its XR partnership with Meta and is now considering Amazon as a new partner for developing XR devices.
The shift comes after LG found little synergy with Meta, despite initial plans to leverage Meta's OS and LG's hardware for next-gen XR headsets.
Amazon, with its strong OTT service, is seen as a viable candidate, and Google's Android might be used as the OS for LG's next XR headset.
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